513 West 157TH Street #3B, New York City, NY 10032
Listing Courtesy of Coldwell Banker Warburg
$490,000
Potential Rebate: $7,350
Overview
<p>Welcome to this bright and spacious 3-bedroom, 1-bath home with unbeatable value at the crossroads of Washington Heights and Hamilton Heights. Positioned on the third floor of a well-maintained walk-up, this residence combines scale, comfort, and convenience in one of Upper Manhattan's most vibrant neighborhoods.</p> <p>The expansive living room comfortably accommodates both a full seating area and a large dining table, making the home ideal for entertaining or everyday living. A windowed pass-through kitchen offers excellent functionality with generous cabinetry and a large pantry.</p> <p>With seven closets throughout, storage is truly exceptional. Two large, south-facing bedrooms enjoy beautiful natural light and tree-lined views, while the third north-facing bedroom is perfectly suited for a home office or den. The fully tiled, windowed bathroom includes a full tub and provides great ventilation.</p> <p>513 West 157th Street is a financially sound, well-managed HDFC building offering a range of amenities, including a laundry room, gym, bike room, and shared outdoor space. The building is also pet-friendly.</p> <p>The home is just one block from the 1 train and three blocks from the C, with the A, B, D also nearby making it easy to reach Midtown in under 30 minutes. Multiple local and express buses, including the M100, M3, M101, M5, M4, Bx6, and Bx6 SBS, run along nearby Broadway and Amsterdam Avenue, providing excellent cross-town and uptown/downtown connectivity.</p> <p>The neighborhood offers a rich mix of conveniences and community favorites, including Five Flies Coffee, Manhattanville Coffee, and Blue Mountain Heights, along with a wide selection of restaurants, cafés, and markets. The home is also close to major institutions such as CUNY, Columbia University, NewYork-Presbyterian Hospital, and the Institute for American Musical Theatre.</p> <p>Please note: This HDFC co-op is subject to 2025 120% AMI income limits:</p> <p>1 person: $136,0802 people: $155,5203 people: $174,9604 people: $194,4005 people: $210,0006 people: $225,600</p> <p>Some photos have been virtually staged for representation purposes only.</p>
Home Features
- •Building In Basement
Estimated Monthly Payment
$3,247 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,350
Monthly savings impact
$20/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
611 West 156TH Street #55, New York City, NY 10032
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Coldwell Banker Warburg
Data Source: TRESTLE #RLS20060790
Price Analysis
Compare average listing prices and value metrics for 513 West 157TH Street against the surrounding Washington Heights market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
31.40% Lower
than the Washington Heights price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Washington Heights
Overview of Washington Heights
Washington Heights is a vibrant, hilly neighborhood at the top of Manhattan island. Known for its strong Dominican heritage, pre-war architecture, and stunning river views, it is a neighborhood of energy and community. For buyers seeking Washington Heights Manhattan real estate, it offers some of the most spacious and affordable apartments in the borough.
Living in Washington Heights feels distinct. The geography is dramatic, with high ridges and step streets. As a culturally rich Manhattan NYC neighborhood, it is famous for its music, food, and the sprawling Fort Tryon Park.
Real Estate & Housing Market
The market for homes for sale in Washington Heights is a haven for value. You can find massive Art Deco co-ops with Hudson River views for a fraction of the price of the Upper West Side.
It has become increasingly popular with artists, young families, and professionals who are priced out of downtown but unwilling to leave Manhattan. The "Hudson Heights" enclave within the neighborhood is particularly sought after for its quiet, village-like feel.
Lifestyle & Community
The lifestyle in Washington Heights is loud and joyous. The streets are filled with music and conversation. Broadway is a bustling commercial spine.
Community ties are deep. It is a neighborhood where people sit on stoops and know their local shopkeepers. The Cloisters museum adds a touch of medieval tranquility to the northern tip.
Transportation & Accessibility
Washington Heights is served by the A, C, and 1 trains. The A train express is legendary—it can get you from 168th Street to 59th Street in about 20 minutes.
It is further north, but the trade-off is often more space and better views. Access to the George Washington Bridge makes leaving the city for Jersey or upstate very easy.
Parks, Schools & Amenities
Fort Tryon Park is one of the most beautiful parks in the city, featuring the Heather Garden and sweeping views of the Palisades. Highbridge Park offers trails and the city's oldest standing bridge.
Amenities are local and affordable. While it lacks some big-box retail, it makes up for it with incredible independent grocers and restaurants.
Who This Neighborhood Is Best For
Washington Heights is best for buyers seeking value, space, and community. It is ideal for those who love parks and don't mind a slightly longer commute for a much bigger apartment.
