The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

231 West 148th Street, Unit 4M

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Spacious 3BR HDFC Opportunity with Ultra-Low Maintenance Just $1335/Month (Includes Taxes!)

This is the one buyers wait for.

Welcome to The Washington a sun-filled, oversized three-bedroom home offering incredible value, flexible layout, and rare affordability in the heart of Upper Harlem.

Positioned on a quiet, tree-lined block, this residence features three well-proportioned bedrooms, excellent closet space, and beautiful hardwood floors throughout. A proper living and dining area creates a true sense of separation and flow ideal for both everyday living and entertaining. The home is complete with a full bathroom plus an additional powder room, a rare bonus at this price point.

Full-Service HDFC Co-op with Amenities

Originally built in 1920 and converted in 2003, The Washington is a well-maintained, pet-friendly cooperative offering:

Live-in superintendent
Fitness center
Bike storage
Community room & playroom
Two central laundry rooms
Private, key-access courtyard with BBQ area
Garage parking directly across the street

Financials & HDFC Requirements

Maintenance: $1335/month (includes taxes)
Financing: Up to 90% permitted
Income cap: $284,250 (250% AMI, regardless of household size)
DTI requirement: Under 30%
Subletting: Allowed after 2 years (board approval required)
Flip tax: None

Opportunities like this are increasingly rare a true three-bedroom with this level of space, condition, and carrying cost is hard to replicate.

Reach out to schedule a private showing.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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