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for saleRealtyLens property overview
$299,000

501 W 156th St Apt 44

Manhattan, NY, 10032
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2Beds
1Baths
855Sqft
$350$/sqft

Listing Notes

Come home to Apartment 44 at 501 West 156th Street, a bright and spacious two-bedroom prewar HDFC co-op with open city views. This fourth-floor walkup apartment offers a beautiful corner living room with high ceilings and five large windows facing east and south. Sunlight fills the space throughout the day, and there are partial views of the downtown skyline. There is more than enough space for separate living and dining sets and a desk if you work from home. The windowed kitchen is both functional and inviting, with granite countertops, an induction range, and two large windows that make it a pleasant place to cook. Both bedrooms feature generous linear closets, and the primary can comfortably fit a queen-sized bed with other furniture. A windowed bathroom, in-unit laundry, and hardwood floors throughout complete this lovely home. 501 West 156th Street is an HDFC cooperative with no limits on financing, and multiple banks are familiar with lending in the building. Pets are welcome. Located moments from the 1 and C trains, residents also enjoy proximity to the many restaurants and bars nearby and the acclaimed Hispanic Society Museum & Library at the end of the block. Income restrictions apply: $98.940/year (household of 1-2 person) and $113, 280 (household of 3+ persons); Flip tax is paid by owner and is 20% of profit if ownership lasted less than two years, 15% of profit if ownership lasted between two and five years, and 10% of profit if ownership lasted longer than five years. Pied-a-terres are not allowed and subletting is allowed on a case-by-case basis.

Market Insights

Below nearby median-24%

$350/sqft vs a nearby median of $460/sqft.

Nearby median$460/sqft
Nearby properties12
Property size855 sqft
  • -24% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 855 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$397k$361k$433k · 50% confidence
vs ask $299k−$98k (−32.8%)

Asking price is about 32.8% below the fair value — likely to draw competing offers if it's still on market.

$460/sqft median across 6 tight comps × 855 sqft= $393k
  • Days-on-market gravity−$12k −3.0%
  • Transit access+$10k +2.5%
  • Pre-war character+$10k +2.5%
  • Visible condition issues−$4k −1.0%
Cumulative NYC adjustments+$4k+1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-24% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
265 days
Last price change
No change recorded
Listed
Aug 20, 2025
Photos
9 photos
Property type
coop
Status
for sale
Last sold
Aug 29, 2014 · $215,000

Features & Amenities

Washer DryerHigh CeilingLibraryFurniture

Photos

Building Facts

Year built
1930
Stories
6
Total units
35
Residential units
32
Building area
30,134 sqft
Lot size
6,615 sqft
Land use
Multi-family walk-up buildings
Building class
C6

From NYC public records where available.

Price History

May 4, 2026Initial record
$299,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.