Live in new ‘hipster haven’ Washington Heights for $1,705/month

Posted On Thu, July 5, 2018 By

Posted On Thu, July 5, 2018 By In affordable housing, housing lotteries, Washington Heights

Coogan’s Restaurant in Washington Heights, via CityRealty

A recent Post article dubbed Washington Heights “the new Williamsburg,” referencing census data that shows the upper-Manhattan ‘hood has more millennials than any other area in the entire city. Noting that New Yorkers age 20 to 34 have been priced out of places like Bushwick, NYU adjunct professor of urban planning Michael Keane said, “they’re thinking, ‘Hey, Washington Heights is in Manhattan, it’s easy to get to Midtown, crime is down and the rent is several hundred dollars less.’” And this new middle-income housing opportunity at 516 West 162nd Street, is even less, with five one-bedrooms up for grabs for $1,705 a month and one two-bedroom for $2,055. By comparison, market-rate one-beds in the building go for $2,300 and two-beds for $3,050.

The new, six-story building has just 20 units and offers a bike room and laundry room. It’s on the same block as the 163rd Street station of the C train (though it’s closed until next month for repairs) and is just one block away from the Morris-Jumel Mansion and Highbridge Park.

Qualifying New Yorkers can apply for the affordable units at 516 West 162nd Street until July 26, 2018. 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 find future market-rate listings for 37 Montrose Avenue here.

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Neighborhoods : washington heights

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