Low Income (LIHTC)

Classon Ave Cluster

592 Franklin Ave, Brooklyn, NY, 11238

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Classon Ave Cluster offers 4 low-income units in Brooklyn, New York. The property has been in service since 1998 and receives 9% Low-Income Housing Tax Credit financing.

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $25,100
Very Low (50%): $41,800
Low (80%): $66,850

2 Persons

Extremely Low (30%): $28,650
Very Low (50%): $47,750
Low (80%): $76,400

3 Persons

Extremely Low (30%): $32,250
Very Low (50%): $53,700
Low (80%): $85,950

4 Persons

Extremely Low (30%): $35,800
Very Low (50%): $59,650
Low (80%): $95,450

5 Persons

Extremely Low (30%): $38,700
Very Low (50%): $64,450
Low (80%): $103,100

6 Persons

Extremely Low (30%): $41,550
Very Low (50%): $69,200
Low (80%): $110,750

7 Persons

Extremely Low (30%): $44,400
Very Low (50%): $74,000
Low (80%): $118,400

8 Persons

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

Year Placed in Service

1998

LIHTC Credit Type

Low-Income Units

4 / 4

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 Classon Ave Cluster is typically 30% of household income or less.

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.

How do I apply for housing at Classon Ave Cluster?+

Classon Ave Cluster 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.

Who manages Classon Ave Cluster?+

Classon Ave Cluster is managed by . You can reach them at . Visit their website for more information.

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