Living New York

$350,000

Studio · 1 ba · 1 ft² · Condo

514 West 50th Street, Apt 5rw Midtown West

Midtown West, NEW YORK

Living Exclusive

For Sale · Last updated Mar 5, 2026 · ID 172884

About This Home

HDFC Co-op Opportunity in the Heart of Hell’s 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 (Hell’s 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.

Estimated Monthly Costs

$0Monthly total
Est. Mortgage
$1,770
Taxes
$341
Monthly Total*
$2,111
Current Price
$350,000
Down Payment
$70,000
Mortgage Amount
$280,000
%
%

*Estimate only. Excludes homeowner's and mortgage insurance. Confirm figures with a lender.

Home Facts

Property Type
Condo
Beds
Studio
Baths
1 ba
Size
1 ft²
Rooms
2
Pets
Case By Case
Neighborhood
Midtown West

Nearby Transit

  • CE
    50 St
    0.4 mi · 7 min walk
  • 1237ACEN
    42 St-Port Authority Bus Terminal
    0.5 mi · 9 min walk
  • 1
    50 St
    0.5 mi · 10 min walk
  • 1ACBD
    59 St-Columbus Circle
    0.5 mi · 10 min walk

Explore the Area

    Dashed outline: Hell's Kitchen. Places from Mapbox; distances are straight-line, walk times approximate.

    The Neighborhood · Manhattan

    Midtown West

    Rentals
    3
    Median Rent
    $3,170/mo
    For Sale
    2
    Median Price
    $424,998

    Midtown West represents the heart of New York City to both New Yorkers and outsiders alike. With famed destinations like Times Square, RadioCityMusic Hall, the Theatre District, Penn Station, and much more, when many people think of New York, they think of Midtown West. What once used to be an uninhabited and rough stretch of the city has turned into one of the most desirable places to live in the past twenty years. With many luxury apartments sprouting up all across the neighborhood, as well as more reasonably priced options in the Clinton area, there is a place for everyone to call home in Midtown West. The ability to walk to work, the many restaurants and fantastic nightlife, and the true feeling of being in the heart of the city all add to the allure of this dazzling neighborhood. Stretching from Fifth Avenue to the Hudson River, and from 59th Street down to 34th Street, something exciting is always happening in this metropolitan hub. And with the Port Authority, Penn Station, and many other means of transportation in the area, you will always have easy access to the rest of the city and beyond.

    WHY YOU’LL LOVE LIVING THERE:

    Read more about Midtown West +

    Restaurants

    With famous restaurants scattered throughout the Theater District, and ethnic favorites and cozy cafes closer towards the River, the restaurant scene in Midtown West is just as grand as the neighborhood itself. Abboccato (136 W. 55th Street) offers delicious Italian fare, while AJ Maxwell’s Steakhouse (57 W. 48th Street) is one of the best in the city. Nestled in Le Parker Meridian Hotel you’ll find Burger Joint (119 W. 56th Street), a cozy lobby restaurant with top of the line burgers, and for excellent Chinese cuisine China Grill (60 W. 53rd Street), is the place to go.

    Attractions

    With something to see every few blocks, Midtown West is filled with famous landmarks, tourist spots, and other cultural attractions. Times Square and Herald Square represent the epitome of New York, with flashing lights, giant megastores, and legendary New Year’s Celebration. The Theater District is equally as famous, home to Broadway and some of the best performances in history. The Radio City Musical Hall is not far away, nor is RockefellerCenter, where in the winter the fabulous Christmas tree stands above the ice skating rink. Penn Station is a historic monument in the neighborhood, as are Bryant Park and the New York Public Library. And you can’t forget about the infamous Madame Tussaud’s Wax Museum, or the highly celebrated Museum of Modern Art (MoMa), located on the southern edge of Midtown West. Additionally, DewittClintonPark on 11th Ave and 52nd Street is a beautiful green space complete with playgrounds along the Hudson River.

    Transportation/Getting Around

    Penn Station and Herald Square provide access to practically all of the New York Subway Lines. The F, V, B, D, Q, N, R, and W trains converge in Herald Square, and Penn station offers access to the 1, 2, 3 and the A, C, and E trains. Penn Station is also the hub for New Jersey Transit, Long Island Rail Road, and Amtrak, and the PATH is a few blocks away.

    Schools

    P.S. 51, P.S. 212, and P.S. 111 are located in Midtown West, as is H.S. 625 (High School of Graphic Communication Arts).

    Nightlife

    The bars and clubs in Midtown West are as vivacious as the neighborhood itself. With massive clubs like Amalia (204 W. 55th Street), cozy pubs with midtown flair like the Houndstooth Pub (520 Eighth Avenue), and many more options, you’ll always find a great time when in Midtown West. For a good Karaoke bar, try J’z on (23 W. 32nd Street) and for great music and a dancefloor, head over to Rebel (251 W. 30th Street).

    Shopping

    With tons of shopping options along Herald Square, as well as tons of New York memorabilia all along Broadway, there are all sorts of things to buy in Midtown West. Times Square is home to the famous Hershey Store, Virgin Records, and more, while the Manhattan Mall off Herald Square has tons of additional shopping options.

    Other restaurants in Midtown West:

    • BLT Market (1430 Sixth Ave)- $$$- American

    • Bread & Olive (24. W. 45th Street)- $$- Middle Eastern

    • Carnegie Deli (854 Seventh Ave)- $$- Famous Deli

    • Djerdan (221 W. 38th Street)- $- Eastern European

    • Estiatorio Milos (125 W. 55th Street)- $$$- Greek, Seafood

    • Kang Suh (1250 Broadway)- $$- Japanese, Korean

    • The London Bar (151 W. 54th Street)- $$- Tapas

    • Park Blue (158 W. 58th Street)- $$- Global Cuisines

    • Rue 57 (60 W. 57th Street)- $$- Bistro

    For more restaurants in Midtown West, go to New York Magazine’s restaurant page: http://nymag.com/restaurants/?f=food

    Other bars in Midtown West:

    • Barcelona Bar (923 Eighth Ave)- Midnight Happy Hour

    • Local West (1 Penn Plaza)- Bar with Rooftop

    • M Bar (17 W. 32nd Street, 14th Floor)- Rooftop Bar next to the EmpireStateBuilding

    • Oldcastle Pub and Restaurant (160 W. 54th Street)- Sportsbar

    • T r Na N g (5 Penn Plaza)- Class Irish pub

    For more bars in Midtown West, go to New York Magazine’s bars page: http://nymag.com/nightlife/?f=bars

    Gyms:

    • Gold’s Gym (250 W. 54th Street)

    • ManhattanPlaza Health Club (482 W. 43rd Street)

    • Bally Total Fitness (139 W. 32nd Street)

    Dry Cleaners/Tailors:

    • Todd Layne Cleaners (829 9th Ave)

    • Lamod Dry Cleaners (469 W. 57th Street)

    • Sak’s Cleaners (324 W. 47th Street)

    • Ms. Buffy’s French Cleaners (889 8th Ave)

    Liquor Stores:

    • 54 Wine & Spirits (400 W. 55th Street)

    • Ray Frank Liquor Store, Inc. (706 9th Ave)

    • Westerly Liquor, Inc. (921 8th Ave)

    Grocery Stores:

    • Whole Foods (10 Columbus Circle)

    • D’Agostino Supermarket (917 9th Ave)

    • Dean & De Luca (235 W. 46th Street)

    See all listings in Midtown West →

    Zoned Schools

    Elementary

    P.S. 111 Adolph S. Ochs

    Grades Pre-K–5 · 0.2 mi · 3 min walk

    Middle

    M.S. 297

    Grades 6–8 · 2.5 mi · 50 min walk

    High

    Citywide High School Choice — no zoned high school; students apply to high schools citywide.

    School zones 2024-2025 from the NYC Department of Education via NYC Open Data. Zones can change each year and some schools have limited seats — confirm eligibility with the DOE.

    RLS Data display by Living Real Estate Group LLC. 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.