--- title: "514 West 50th Street #5rw, New York City, NY 10019" description: "514 West 50th Street #5rw, New York City, NY 10019 — Midtown West, New York City, NY. Listing Price $350,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $5,250 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/514-west-50th-street-rw-5rw-ny-10019" source: "Real Estate Rebate Team" status: "Active" --- # 514 West 50th Street #5rw, New York City, NY 10019 Midtown West, New York City, NY Courtesy of Living New York ## At a Glance - **Listing Price**: $350,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $341 / mo - **Monthly Taxes**: $341 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $350,000 - **Illustrative Buyer Commission Share**: -$5,250* - **Illustrative Net Cost**: $344,750 *Illustrative Buyer Savings of $5,250 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (6) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2bb7cc7a-3790-4f6b-b176-5d4eb8bffcf5.jpg) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b38137f3-8eca-443d-b56d-4bab9ee253cc.jpg) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b364c83a-68d1-4862-96c7-f79a84ecac9f.jpg) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1af79c0-7de5-4d62-89f5-d612a708400f.jpg) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0c0abe5d-b551-48ef-a7be-157545b5daa0.jpg) ![514 West 50th Street #5rw, New York City, NY 10019 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d9f73f05-5f0d-4b8a-8b08-6d99be6c85c1.jpg) ## Property Overview HDFC Co-op Opportunity in the Heart of Hells Kitchen This HDFC cooperative adheres to income limits set at 120% of the 2024 Area Median Income (AMI), verified using 2023 and 2024 tax returns and 2025 employment documentation (paystubs or employment letter). The current income caps are: 1 Person: $118,860 2 People: $135,600 3 People: $152,520 4 People: $169,440 Note: There are no asset limits and no future income restrictions after purchase. THE APARTMENT Situated on the fifth floor of a well-maintained walk-up, this bright and functional home in Midtown West (Hells Kitchen) offers distinct living, dining, cooking, and sleeping areas. Enjoy unobstructed western light streaming into the kitchen and sunny southern exposure in both the living room and bedroom. A rare blend of character, natural light, and smart layout make this apartment an inviting and flexible space to call home. THE BUILDING This well-run HDFC co-op comprises just 18 apartments, fostering a tight-knit community. The building is financially sound, professionally managed by an outside management company, and overseen by an engaged co-op board. Primary residence use is required. Gifting (such as down payments) is permitted with board approval, and parents purchasing for children (all-cash) may also be considered, subject to board review. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 2 - **Stories**: 5 - **Year Built**: 1901 - **Common Charges**: $341 / Monthly - **Monthly Taxes**: $341 / mo - **Listed On**: Mar 5, 2026 - **Days on Market**: 191 Days ## Sales Evidence ### Recent closed sales 3 apartments at 514 West 50th Street have recorded sales since September 2021, the most recent for $368,500 in February 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 2RW (Apartment) | Studio | — | $368,500 | — | February 24, 2025 | City record · MLS | | 2FE (Apartment) | 1 | 750 | $430,000 | $573/ft² | September 20, 2022 | City record · MLS | | 4FE (Apartment) | — | — | $415,000 | — | April 29, 2022 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable condo studio sales in Midtown West is $542,500, based on 4 sales between October 2024 and April 2026. This home is asking $350,000, $192,500 below that median. The middle half of those sales closed between $492,500 and $546,250. - **Median closed price**: $542,500 - **Middle half**: $492,500 – $546,250 - **Based on**: 4 condo studio sales in Midtown West - **Period**: October 2024 – April 2026 - **Median $/ft²**: $1,228/ft² This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown West instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 514 West 50th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/514-west-50th-street) ## About The Building ### 514 West 50th Street Hell's Kitchen · Condominium 514 West 50th Street, New York, NY 10019 A building in Hell's Kitchen, currently featuring 1 active listing. - **Year Built**: 1901 - **Total Units**: 1 - **Floors**: 5 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/514-west-50th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5rw](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10019/514-west-50th-street-rw-5rw-ny-10019) | Studio | 1 | — | — | $350,000 | Living New York | Mar 5, 2026 | 191 days | ## Estimated Monthly Payment **$2,452 / month**, assuming a 20% down payment ($70,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,770 - **Property Taxes**: $341 - **Common Charges**: $341 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Midtown West Explore more real estate and insights about Midtown West. [Explore Midtown West](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown-west) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midtown West - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [514 West 50th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/514-west-50th-street) - [Midtown West neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown-west) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.