Co-op City House for Sale

Co-Op City in the Bronx is the world's largest cooperative housing community, featuring over 15,000 residential units with affordable, limited-equity apartments. Completed in 1973 under the Mitchell-Lama program, this neighborhood is unique in that residents own a share of the co-op rather than individual units, with income restrictions for qualification. The community includes high-rise buildings and low-rise townhouses, with apartments ranging from one to three bedrooms. Residents pay an initial equity deposit and a monthly carrying charge that covers maintenance, heat, and hot water. On-site amenities are abundant, including multiple grocery stores, a movie theater, restaurants, and medical offices. Bay Plaza Mall, with over 150 stores, serves as a major shopping hub. Outdoor features include the Rivers Run Community Garden, the Greenway with walking paths, baseball fields, and basketball courts, and the upcoming walking path in Givans Creek Woods. The neighborhood hosts various events, such as the Annual Co-op City Community Fair and Caribbean Heritage Month Celebration. Schools in the area include the highly rated P.S. 153 Helen Keller and I.S. 181 Pablo Casals. Public transportation options include several bus routes and access to the 5 train, although it is nearly 2 miles away. Co-Op City is known for its stability and resistance to rapid gentrification, making it a popular choice for long-term residents and retirees.