505 West 134th Street. Streetview © 2026 Google
Applications are currently being accepted for 29 affordable co-op apartments across three buildings in West Harlem. Located on West 134th Street between Broadway and Amsterdam Avenue in the Manhattanville section of Harlem, the buildings are part of a program that converts city-owned properties into affordable Housing Development Fund Corporation (HDFC) co-ops for low- and moderate-income households and renovates the units in the process. A housing lottery is now open for the apartments, which are eligible for New Yorkers earning 70 percent of the area median income (AMI). Prices range from $194,930 for a two-bedroom to $236,456 for a three-bedroom.
The five-story buildings, at 505 West 134th Street, 523 West 134th Street, and 527 West 134th Street, were converted to co-ops under the city’s Affordable Neighborhood Cooperative Program (ANCP), which helps developers rehabilitate city-owned multi-family properties and convert them into affordable co-ops.
The West Harlem project was led by community development nonprofit LISC and redeveloped by ELH Management. Plans for the project were first announced in 2022, when construction financing was secured.
As part of the program, upon completion, ownership of the building will be transferred to three new tenant-controlled HDFCs. The buildings’ 43 existing tenants were given the opportunity to purchase the renovated apartments for $2,500. The remaining vacant units are available through this lottery, set aside for qualified buyers earning 70 percent of the AMI.
To qualify to purchase the homes, buyers must occupy the home as a primary residence, secure a mortgage, and pay a 3 percent down payment. Monthly maintenance fees run between $847 and $1,429.
Units feature hardwood floors, energy-efficient appliances, and smart controls for heating and cooling.
The city will host an informational webinar on August 27, 2026, at 6:30 p.m.
Qualifying New Yorkers can apply for the co-ops until September 8, 2026. Find more details on how to apply here.
Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
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