Streetview of Gouverneur Gardens; © 2022 Google
Applications are currently being accepted for newly-opened waitlist spots for studios and two-bedroom middle-income units at the Gouverneur Gardens co-op at 305 Madison Street. New Yorkers earning 125 percent of the area median income can apply to purchase apartments in the post-war development on Manhattan’s Lower East Side, priced from $19,677 for a studio to $35,418.60 for a two-bedroom.
Built in 1965 under the state’s Mitchell-Lama policy, the six-building, 782-unit co-op development features terraces, laundry rooms, and overnight security.
Qualifying New Yorkers can apply for 500 spots on the studio waitlist and 250 spots on the two-bedroom waitlist until March 30, 2022. Find more details on how to apply here (pdf).
Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
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Tags : 305 madison street, affordable housing, co-ops, Gouverneur Gardens, mitchell-lama, Mitchell-Lama Housing
Neighborhoods : Lower East Side