If you’re looking to buy a Manhattan co-op without breaking the bank, finding a place with a low monthly maintenance fee—the amount you pay in addition to your mortgage (if you have one) that covers building operations and taxes—can save you a lot of money.
There are a few different ways to find co-ops with low monthly maintenance fees. You can focus your search on buildings with fewer amenities and larger buildings where there are more shareholders to shoulder the cost of capital improvements. Another way is to search for HDFC co-ops, which are priced below market rate and have lower monthlies, but also have income restrictions.
Where can you find these co-ops? A recent search shows the most options in upper Manhattan like Hamilton Heights, Harlem, and parts of the Upper East and Upper West Side.
To help with your search, here are five one-bedroom co-ops with low monthlies for sale in Hamilton Heights, Hudson Heights, Yorkville, Upper West Side, and Hell’s Kitchen.
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400 Convent Ave., #36,Hamilton Heights
This one bedroom, one bath is listed for $299,000 with $465 monthly maintenance. It has high ceilings, tile floors, moldings, oversized windows, a decorative fireplace, granite countertops, and a foyer. The pet-friendly building has a live-in super and laundry room. It’s an HDFC co-op with an income limit of $112,080 for one person.
340 Haven Ave., #3E,Hudson Heights
This one bedroom, one bath is listed for $375,000 with $766 monthly maintenance. The co-op has a breakfast bar, white appliances, granite countertops, hardwood floors, moldings, four closets, and a balcony. The building has a live-in super, bike storage, parking, and laundry room.
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210 East 84th St., #4B,Yorkville
This one bedroom, one bath is listed for $400,000 with $948 monthly maintenance. Apartment #4B has high ceilings, hardwood floors, ceiling fans, stainless steel appliances, and two closets. The building has a live-in super.
133 West 89th St., #1,Upper West Side
This one bedroom, one bath is listed for $495,000 with $491 monthly maintenance. It has high ceilings, built-ins, hardwood floors, track lighting, stainless steel appliances, four closets, and a storage unit. The building has a laundry room. The HDFC co-op has a $95,520 income limit for one person.
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405 West 48th St., #3RW,Hell’s Kitchen
This studio is listed for $575,000 with $391 monthly maintenance. Apartment #3RW has exposed brick, wood-beamed ceilings, hardwood floors, a lofted bed, built-ins, stainless steel appliances, and high ceilings. The building has a live-in super, bike storage, and laundry room.