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517 W 48th St APT 5F, Manhattan, NY, 10036

2beds
1baths
0sqft
$750,000
--price/sqft
$4,605/moest. monthly cost
$184,200/yrincome needed

About This Home

HDFC Coop. Bright, thoughtfully renovated two-bedroom home with an ideal layout in the heart of Hell's Kitchen. Perched on the fifth floor of a well-maintained prewar walk-up, this residence offers a rare combination of space, natural light, and functionality. The oversized living room easily accommodates both a full seating area and a separate dining space, with multiple windows bringing in excellent western light. The windowed kitchen has been tastefully updated with stainless steel appliances, a dishwasher, generous counter space, and open shelving. Both bedrooms are well-proportioned, each with closets, and positioned for privacy away from the main living area. The renovated windowed bathroom features clean, modern finishes and the convenience of an in-unit washer/dryer, a true standout for this price point. Additional highlights include: - Five closets providing excellent storage - Hardwood floors throughout - Multiple exposures (south and east) for strong natural light - Efficient layout with separation of living and sleeping areas Located on a charming tree-lined block in Hell's Kitchen, just moments from the Theater District, Hudson River Park, Target, and some of Manhattan's best dining and nightlife. Easy access to multiple subway lines and crosstown transportation. HDFC Co-op - Income Restrictions Apply: 1 person: $137,940 2 people: $157,575 3 people: $177,210 4 people: $196,845 Sorry, no dogs permitted. A rare opportunity to own a move-in ready two-bedroom apartment with a washer/dryer and real living space in one of Manhattan's most vibrant neighborhoods.

Getting Around

99
WalkingWalker's Paradise
0
TransitVery Limited Transit
90
BikeBiker's Paradise

Schools

4/10
Ps 111 Adolph S OchsGrades PK-50.2 mi
4/10
Middle 297Grades 6-82.4 mi

Construction

Condition

  • Year built: 1901

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 01077002210270155F
  • Special condition: Restricted Sale

Features

  • Has view: Yes
  • View description: City,Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$124$1,488
Property Taxes $443$5,316
Electricity $246$2,954
Total$4,605$55,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,885/yr
40% on housing$138,150/yr
45% on housing$122,800/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10036$951
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10036$1,245
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Listed for sale$750,000
2022-02-02Sold$645,000
2021-11-12Pending sale$645,000
2021-06-01Listed for sale$645,000
2013-05-07Sold$410,000
2013-01-10Listing removed$429,000
2012-12-06Price change$429,000
2012-09-30Listed for sale$499,000
2009-08-28Sold$390,000

For Sale by Agent

AgentMichal Kravarik
BrokerageBrown Harris Stevens

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