New York (Manhattan) Homes under $250,000

**Discover Affordable Living in the Heart of Manhattan, NY**

Welcome to Manhattan, the vibrant heart of New York City, where the energy of urban life meets the charm of diverse neighborhoods. Known for its iconic skyline, world-renowned cultural institutions, and bustling streets, Manhattan is a place where dreams come alive. While it may be famous for its luxury real estate, there are hidden gems waiting to be discovered—homes under $250,000!

Imagine calling this dynamic borough home without breaking the bank. Yes, it's possible! In the bustling neighborhoods of Manhattan, there are affordable housing options that provide the perfect entry point into city living. From cozy studio apartments to charming one-bedroom condos, these homes offer a unique opportunity to experience the Manhattan lifestyle without the hefty price tag.

Living in Manhattan means you’re never far from the action. Enjoy a leisurely stroll in Central Park, indulge in a world-class dining experience, or immerse yourself in the rich history of the Lower East Side. With convenient access to subways and buses, commuting to work or exploring the city’s vibrant arts and entertainment scene is a breeze.

Whether you're a first-time buyer, an investor, or looking to downsize, Manhattan’s affordable homes provide an excellent opportunity to become part of this iconic city. Embrace the thrill of city life while enjoying the comforts of your own space. Discover how you can make Manhattan your home today—affordably!

Newest New York (Manhattan) Homes under $250,000

17 E 131st Unit #1A, New York (Manhattan)

$210,000

1 Baths ⋅ 1054585 MLS

Welcome to your new sanctuary! You are going to absolutely love calling this beautiful studio home in the heart of vibrant Harlem. Ideally situated just blocks from the revitalized 125th Street corridor, you’ll have endless dining, shopping, and entertainment options right at your fingertips. Commuting is a breeze, with the 2 and 3 trains just a five-minute walk away and the Metro-North within a ten-minute stroll, perfectly balancing peaceful living with the pulse of the city. Inside, you will find a rare and spacious studio layout that doesn't compromise on comfort, featuring a generously sized kitchen and bathroom. With two closets and a flexible floor plan that makes it easy to create distinct living and sleeping areas, this unit is truly designed for comfort. Best of all, you will enjoy access to a private courtyard—a quiet, relaxing oasis that makes this the perfect retreat to come home to at the end of the day.

17 E 131st Unit #1A, New York (Manhattan)

506 W 145th Street Unit #4D, New York (Manhattan)

$145,000

1 Beds ⋅ 1 Baths ⋅ 1054422 MLS

Welcome to 506 W 145th Street, #4D, a one-bedroom, one-bath HDFC co-op in Hamilton Heights. Located on the fourth floor of a walk-up building, this home offers comfortable city living in a well-established Upper Manhattan neighborhood. The one-bedroom layout offers an opportunity for a first-time buyer, city professional, or anyone looking to make Hamilton Heights home. New windows were installed within the last year. The building is subject to HDFC income and financing requirements, with a maximum income of 120% AMI, or $100,320, and a maximum board-approved debt-to-income ratio of 40%. Down-payment requirements vary by lender. Real estate taxes are included in the monthly maintenance, as is typical with co-ops.

506 W 145th Street Unit #4D, New York (Manhattan)

1989 Amsterdam AVE Unit #31, New York (Manhattan)

$218,000

2 Beds ⋅ 1 Baths ⋅ 1051918 MLS

Welcome to this charming two-bedroom prewar apartment in the heart of Washington Heights. The apartment features plenty of natural light and is located in a walk-up building with low monthly maintenance. (the unit needs TLC) Washer and dryer installation is allowed for added convenience. The property is close to schools, buses, subway service, shopping, and other neighborhood amenities. The unit may be rented after five years of ownership, subject to the building’s requirements. The unit needs TLC. The building also features a new front door, key fob, wireless intercom. The building also has new heating system.

1989 Amsterdam AVE Unit #31, New York (Manhattan)

501 W 156th Street Unit #32, New York (Manhattan)

$205,000

1 Beds ⋅ 1 Baths ⋅ 1041307 MLS

Welcome to 501 W 156th Street, Unit 32, a beautifully updated 1-bedroom, 1 bath HDFC cooperative offering an exceptional opportunity for qualified buyers to own in the heart of Hamilton Heights. This thoughtfully renovated apartment features a brand-new kitchen with modern finishes and a completely updated bathroom, creating a fresh, move-in-ready living space. While efficiently sized, the layout maximizes functionality and comfort, making it an ideal home for those seeking affordable homeownership in Manhattan. Conveniently located near parks, restaurants, shopping, and multiple subway lines, this home offers easy access to everything the neighborhood has to offer. Don't miss this opportunity to own a beautifully renovated, affordable Manhattan home. This is a Fannie Mae Homepath property.

501 W 156th Street Unit #32, New York (Manhattan)

30 Macombs Place Unit #42, New York (Manhattan)

$209,000

2 Beds ⋅ 1 Baths ⋅ 1037626 MLS

Welcome to 30 Macombs Place, Manhattan! This charming 2-bedroom, 1-bathroom HDFC co-op offers approximately 700 square feet of comfortable living space and an exceptional opportunity to own in one of New York City's most iconic boroughs. Whether you're a first-time homebuyer or looking for an affordable place to call home, this residence combines value, convenience, and the unmatched lifestyle that only Manhattan can offer. The bright and inviting living area provides a comfortable space for everyday living and entertaining, while the well-proportioned bedrooms offer a peaceful retreat. Ideally situated, you'll enjoy easy access to parks, restaurants, shopping, schools, cultural attractions, and multiple public transportation options, making commuting throughout Manhattan and the surrounding boroughs effortless. This is an HDFC co-op with income restrictions at 130% AMI. Maximum household income limits are: 1 person – $121,420; 2 people – $138,840; and 3 people – $156,130. NO FLIP TAX, and subletting is permitted, making this an outstanding opportunity to own an affordable home in the heart of Manhattan.

30 Macombs Place Unit #42, New York (Manhattan)

550 Fort Washington Avenue Unit #4E, New York (Manhattan)

$220,000

1 Beds ⋅ 1 Baths ⋅ 1020344 MLS

Welcome to 550 Fort Washington Avenue, a charming co-op residence nestled in the heart of Manhattan’s desirable Hudson Heights. This delightful one-bedroom, one-bathroom home offers a cozy sanctuary with four well-appointed rooms and ample closet space, seamlessly blending historic charm with practical modern comforts in a classic pre-war, low-rise walk-up building. The unit features high ceilings and 4 large closets. With a little TLC you can make this home your dream. Overlooking Historic Bennett Park. The building sits a few short blocks from the riverside bike path and the historic Fort Tryon Park & The Cloisters. Close to Columbia hospital, a minute or less from the A train and the 1 train. The M4/M98 bus stops in front of the building surrounded by a plethora of stores, banks, parks & restaurants. As an HDFC co-op, this is a high-income cap building with a supportive, community-focused ownership structure that allows for co-purchasing and gifting. HDFC Income Limits (165% AMI): 1 Person: $154,110 2 People: $176,220 3 People: $198,165 4 People: $220,110 5 People: $237,765 6 People: $255,420

550 Fort Washington Avenue Unit #4E, New York (Manhattan)

157 W 123rd Street Unit #3E, New York (Manhattan)

$155,000

1 Baths ⋅ 1014548 MLS

Showings are by appointment only. This move-in ready studio apartment on the third floor of an elevator building in fashionable South Harlem represents terrific value. The unit is in very good condition with high ceilings, hardwood floors, a tiled bathroom, and kitchen with new cabinets. 157 West 123rd is a well-run HDFC cooperative bordering the Mount Morris Park Historic District. Monthly maintenance (including heat and hot water) is a very affordable $350/month. This is a Housing Development Fund Corporation (HDFC) building, subject to income and primary residence restrictions. Income restrictions are 120% of Area Median Income, which for an individual is $136,080 per year. This lovely home is located a few steps from Harlem’s Restaurant Row, and close to the 2/3 and B/C subway lines. Shopping on 125th Street (including the new Trader Joe’s and Target) is just a short walk away. For recreation, the home is close to Mount Morris Park and within walking distance of Central Park. This property is delivered vacant with all paperwork provided.

157 W 123rd Street Unit #3E, New York (Manhattan)

30 Macombs Place Unit #24, New York (Manhattan)

$218,999

2 Beds ⋅ 1 Baths ⋅ 981968 MLS

Welcome to 30 Macomb Place! This beautiful 2-bedroom coop in Harlem is in move in condition! Renovated unit with beautiful hardwood floors, spacious kitchen and good size rooms. Quiet and clean walk-up building! There are high ceilings, new bathroom and kitchen. Flooded with sunlight, window in every room, second room as small bedroom/office/dressing room, separate kitchen. central Harlem, $800 maintenance. Located in the central Harlem area which is a vibrant neighborhood steeped in history, culture, beautiful architecture, great food, and nightlife. This convenient Harlem location is walking distance to A C B D and 3 train and local buses. This is an HDFC Coop, income restrictions apply to 130 % AMI. The income maximum for 1 person is $103,480, 2 people $118,300 and 3 people $133,120. Please contact your agent for more information.

30 Macombs Place Unit #24, New York (Manhattan)

1989 Amsterdam Ave Unit #41, New York (Manhattan)

$219,000

2 Beds ⋅ 1 Baths ⋅ 977827 MLS

Welcome to Residence 41 at 1989 Amsterdam Avenue — a bright 2-bedroom on the 4th floor of a classic pre-war walk-up in Washington Heights .The apartment features a functional layout, windowed kitchen, and good natural light throughout. Needs minor TLC, offering great potential to customize and add value. Low monthly maintenance makes this an exceptional opportunity for affordable homeownership in Manhattan. Conveniently located near the A, C, and 1 trains, with easy access to shopping, dining, and everyday essentials.HDFC co-op – income restrictions apply (approximately not more than 125% of Area Median Income).

1989 Amsterdam Ave Unit #41, New York (Manhattan)

557 W 150th Street Unit #22, New York (Manhattan)

$215,000

1 Beds ⋅ 1 Baths ⋅ 974266 MLS

Heres your chance to own a piece of Our Historical Harlem/Hamilton Heights area. This one-bedroom offers the perfect blend of comfort and convenience. Enjoy lots of Natural lighting Situated on just the second floor of a walk-up building. Shared Common Backyard/Patio Area Super Low Maintenance Fee: $482 Enjoy an easy commute to New York City—reach downtown Manhattan in approximately 20 minutes. Just moments from the 1, A, B, C, and D subway lines, as well as multiple NYC bus routes, getting around the city is effortless. This centrally located apartment places you close to everything you need, including supermarkets, restaurants, parks, schools, and pharmacies. Experience the convenience of vibrant city living in a highly desirable neighborhood with all essential amenities right at your doorstep. Bring your Furry Friends! Pets are Allowed. Don’t miss this opportunity to live in one of Upper Manhattan’s most accessible and sought-after communities! Grants may be available! Let's chat! The joy of Real Estate - Want it As-Is or Renovated ? Lets negotiate!

557 W 150th Street Unit #22, New York (Manhattan)

1993 Amsterdam Avenue Unit #31, New York (Manhattan)

$218,000

2 Beds ⋅ 1 Baths ⋅ 964630 MLS

Welcome to 1993 Amsterdam Avenue #31, a thoughtfully designed 2-bedroom, 1-bath co-op apartment located in the vibrant Washington Heights section of Manhattan. Spanning approximately 586 sq. ft., this bright and functional home features a comfortable living room, an efficient kitchen, and two well-proportioned bedrooms, making it ideal for both homeowners and investors alike. The layout provides a great balance of privacy and flow, with hardwood floors and ample closet space throughout. Situated in a well-maintained pre-war building, this home offers the perfect blend of comfort and convenience. Residents enjoy close proximity to local dining, shopping, and cultural attractions, along with nearby parks and the Hudson River Greenway. Commuting is effortless with easy access to the 1 and C subway lines, multiple bus routes, and major roadways connecting you to the rest of the city. Whether you’re seeking your first home or a smart investment in one of Manhattan’s most historic and evolving neighborhoods, Apartment #31 at 1993 Amsterdam Avenue delivers value, character, and location in one package.

1993 Amsterdam Avenue Unit #31, New York (Manhattan)

36 W 138th Street Unit #52, New York (Manhattan)

$215,000

1 Beds ⋅ 1 Baths ⋅ 955391 MLS

Newly Renovated Harlem HDFC Gem, An Exceptional Value and a Wonderful Gift Opportunity! Welcome to Apartment 14 at 36 West 138th Street, a beautifully renovated, move-in-ready one-bedroom, one-bathroom walk-up apartment offering exceptional value in the heart of Harlem. In outstanding condition, this inviting home features elegant hardwood floors, a beautifully tiled bathroom, and a well-appointed kitchen with Caesarstone countertops and brand-new appliances. A washer/dryer hookup adds further convenience. Monthly common charges are an affordable $477.50. Whether you're looking for your next home, a pied-à-terre, or a meaningful gift for a family member or loved one, this apartment presents a unique opportunity. Please note that the purchase must be an all-cash transaction, and proof of funds is required. The location is hard to beat. The 125th Street commercial corridor, with Whole Foods, Trader Joe’s, Target, and Marshalls, is nearby, while the Schomburg Center for Research in Black Culture, Harlem YMCA, and Harlem Cycle Fitness Studio are all within a short walk along 135th Street. Enjoy some of Harlem’s most beloved restaurants, including Sylvia’s, Red Rooster, and Corner Social, all conveniently located nearby. Transportation is also excellent, with the 2/3 subway station at 135th Street and M1, M7, M98, and M102 bus service close at hand. For drivers, a parking garage is located at the end of the block, with easy access to the Harlem River Drive and Madison Avenue Bridge. This is an HDFC cooperative building and income restrictions apply. Maximum household income may not exceed 165% of the New York City Area Median Income (AMI). Based on FY 2025 NYC Department of Housing Preservation and Development data, the maximum income limits are: • 1 person: $187,110 • 2 people: $213,840 Zero percent (0%) of the maintenance is tax deductible. Showings are by appointment only. All information has been gathered from third-party sources and is deemed reliable but is not guaranteed. Income restrictions are based on FY 2025 data from the New York City Department of Housing Preservation and Development. Buyers should consult with their own attorneys, financial advisors, and other appropriate professionals. Apartment 14 at 36 West 138th Street is a rare opportunity to own a beautifully renovated home in a vibrant Harlem location, whether for yourself or as a special gift for someone you love.

36 W 138th Street Unit #52, New York (Manhattan)

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