72 middle-income units available at Hamilton Heights tower next to the Hudson River, from $2,350/month

March 24, 2023

Renderings courtesy of the NYC Department of Housing Preservation and Development

Applications are now being accepted for 72 middle-income units at a new residential development in Upper Manhattan. Located at 620 West 153rd Street in Hamilton Heights, Sunrose Tower Apartments contains 238 apartments and a wide variety of amenities, including a rooftop terrace with panoramic skyline views. New Yorkers earning 130 percent of the area median income, or between $80,572 annually for a single person and $187,330 annually for a household of five, can apply for the apartments, which range from $2,350/month studios to $3,550/month two bedrooms.

Developed by The Jay Group and designed by J. Frankl Associates, the 28-story rental tower includes a total of 238 apartments and a vast selection of both indoor and outdoor amenities. Indoor amenities include an elegant lounge area, co-working space, a fitness center, bike storage lockers, a dog washing station, a shared laundry room, a 95-car parking garage, and a high-end community facility, according to CityRealty.

Outdoor amenities include a dog park, a playground, outdoor kitchens, a communal dining area, and a rooftop terrace with 360-degree views. Apartments feature washers and dryers in every unit, as well as kitchens with state-of-the-art appliances.

In December 2021, The Jay Group closed on $83 million in construction financing for the property arranged by Meridian Capital Group, according to the Commercial Observer. The financing included a senior loan from Bank Hapoalim and a mezzanine loan from NYC-based debt fund Be Aviv.

Nearby public transit options include the 1 subway line at 157th Street and the A and C lines at 155th Street, as well as the M4 and M5 buses.

Qualifying New Yorkers can apply for the affordable units until May 23, 2023. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

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.

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Tags: 620 West 153rd Street, J. Frankl Associates, The Jay Group

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