About This Property
Herkimer Street Residence is a 54-unit affordable housing property in Brooklyn that has served families and formerly homeless individuals since 2015. The building contains 26 studios, 27 one-bedroom units, and one two-bedroom unit, with 20 units designated as low-income housing. The property is non-profit owned and funded through the 9% Low-Income Housing Tax Credit program.
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 Herkimer Street Residence is typically 30% of household income or less.
What size apartments are available at Herkimer Street Residence?+
Herkimer Street Residence offers the following unit types: 26 Studio, 27 One-Bedroom, 1 Two-Bedroom units, for a total of 54 units.
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. Actual rent at Herkimer Street Residence may be lower for income-eligible households.
How do I apply for housing at Herkimer Street Residence?+
Herkimer Street Residence 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.
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.
Who is eligible to live at Herkimer Street Residence?+
Herkimer Street Residence primarily serves families, formerly homeless individuals, serious persistent mental illness. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Herkimer Street Residence?+
Herkimer Street Residence is managed by . You can reach them at . Visit their website for more information.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Herkimer Street Residence
Pacific Street Cluster
Brooklyn, NY
8 UnitsJefferson Cluster (224 Macon St)
Brooklyn, NY
3 UnitsKingston Heights L.P.
Brooklyn, NY
132 UnitsJefferson Cluster 224 Macon St
Brooklyn, NY
3 UnitsPacific Street Cluster
Brooklyn, NY
8 Units
Albany I & Ii
Brooklyn, NY
140 Units