About This Property
260 Herkimer Street Lp is a 138-unit residential property in Brooklyn that includes 133 low-income units serving families. The development features a unit mix of 16 one-bedroom, 50 two-bedroom, 60 three-bedroom, and 12 four-bedroom apartments and has been in service since 2008. The property is funded through tax-exempt bonds and FHA financing and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Kings County, NY
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $2,386 |
| 1 Bedroom | $2,451 |
| 2 Bedroom | $2,752 |
| 3 Bedroom | $3,434 |
| 4 Bedroom | $3,700 |
Income Limits - Kings County, NY
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,100
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $28,650
- Very Low (50%)
- $47,750
- Low (80%)
- $76,400
- Extremely Low (30%)
- $32,250
- Very Low (50%)
- $53,700
- Low (80%)
- $85,950
- Extremely Low (30%)
- $35,800
- Very Low (50%)
- $59,650
- Low (80%)
- $95,450
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $64,450
- Low (80%)
- $103,100
- Extremely Low (30%)
- $41,550
- Very Low (50%)
- $69,200
- Low (80%)
- $110,750
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $74,000
- Low (80%)
- $118,400
- Extremely Low (30%)
- $47,300
- Very Low (50%)
- $78,750
- Low (80%)
- $126,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,100 | $41,800 | $66,850 |
| 2 Persons | $28,650 | $47,750 | $76,400 |
| 3 Persons | $32,250 | $53,700 | $85,950 |
| 4 Persons | $35,800 | $59,650 | $95,450 |
| 5 Persons | $38,700 | $64,450 | $103,100 |
| 6 Persons | $41,550 | $69,200 | $110,750 |
| 7 Persons | $44,400 | $74,000 | $118,400 |
| 8 Persons | $47,300 | $78,750 | $126,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Brooklyn, NY?+
The Fair Market Rent (FMR) for Kings County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like 260 Herkimer Street Lp is typically 30% of household income or less.
What size apartments are available at 260 Herkimer Street Lp?+
260 Herkimer Street Lp offers the following unit types: 16 One-Bedroom, 50 Two-Bedroom, 60 Three-Bedroom, 12 Four-Bedroom units, for a total of 138 units.
Who is eligible to live at 260 Herkimer Street Lp?+
260 Herkimer Street Lp primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages 260 Herkimer Street Lp?+
260 Herkimer Street Lp is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Kings County, NY?+
For a 4-person household in Kings County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Brooklyn, NY?+
Based on Fair Market Rent for Kings County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at 260 Herkimer Street Lp may be lower for income-eligible households.
How do I apply for housing at 260 Herkimer Street Lp?+
260 Herkimer Street Lp is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near 260 Herkimer Street Lp
Pacific Street Cluster
Brooklyn, NY
3 UnitsJefferson Cluster Atlantic Ave
Brooklyn, NY
16 UnitsJefferson Cluster (Macdonough St)
Brooklyn, NY
12 UnitsJefferson Cluster (446 Tompkins Ave)
Brooklyn, NY
3 UnitsJefferson Cluster (Atlantic Ave)
Brooklyn, NY
16 UnitsJefferson Cluster Macdonough St
Brooklyn, NY
12 Units