Earn less than $30,560 annually? Apply for affordable units in East Harlem, from $613/month

Posted On Wed, January 24, 2018 By

Posted On Wed, January 24, 2018 By In affordable housing, Harlem, housing lotteries

1955 First Avenue, image via Aspen Management Office

An East Harlem building, dubbed the Aspen, is currently accepting applications for low-income studio and one-bedroom apartments and will also replenish its waitlist. Designed by Costas Kondylis and Magnusson Architecture and Planning, the building, located at 1955 First Avenue, rises seven stories and features 232 apartments. Qualifying New Yorkers earning between $22,903 and $26,720 can apply for $613/month studios, and those earning between $25,549 and $30,560 are eligible for $659/month one-bedrooms.

1955 First Avenue, image via Aspen Management Office; Marketing images do not reflect the specific units available through the lottery.

1955 First Avenue, image via Aspen Management Office

The building originally called for a traditional 80/20 building with 20 percent of the apartments reserved for low-income residents, with the rest as market-rate rentals. The city later changed the plan to a 50/30/20 financing program, allowing a broader range of income-restricted apartments. Fifty percent of the apartments are market-rate, which start at $2,215/month for a two-bedroom, one-bathroom and go up to $3,323 for a two-bedroom, two-bathroom.

The property formerly sat on a vacant city land which was once home to the Harlem RBI “Field of Dreams” baseball fields. The Aspen features amenities like a garage, fitness center, game room, laundry room and a second-floor courtyard.

Applications may be downloaded by email from [email protected] or requested via mail, along with a self-addressed envelope, by writing to:

Aspen Management Office
1955 1st Avenue
New York, NY 10029

Qualifying New Yorkers can apply for the affordable apartments at 1955 First Street until vacancies are filled and the waitlist has been replenished. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

Use 6sqft’s map below to find even more ongoing housing lotteries.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city. And view market-rate listings for 1955 First Street here.


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Neighborhoods : East Harlem



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