Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Union Square

140 4th Ave, New York City, NY, 10003

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

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About This Property

Union Square is a 240-unit residential property in New York County that includes 52 low-income units financed through 4% Low-Income Housing Tax Credits and tax-exempt bonds. The property, which has been in service since 1998, contains 57 studio units, 152 one-bedroom units, and 31 two-bedroom units. This development provides housing options across multiple unit sizes for residents in New York City.

Waitlist Information

Waitlist managed by New York City Department of Housing Preservation and Dev

Public Housing Waitlist
Closed

The New York City Housing Authority (NYCHA) primarily administers public housing in New York City. No direct public housing waiting list is administered by HPD (PHA Code NY110).

Last verified February 8, 2026
Section 8 (HCV) Waitlist
Closed

The waiting list for the NYC Department of Housing Preservation & Development (HPD) Section 8 Housing Choice Voucher program is closed to the general public. Applications were last accepted in 2008. The waiting list is limited to participants of certain NYCHPC programs and homeless persons referred by the Department of Homeless Services (DHS) and Human Resources Administration (HRA). Emergency Housing Vouchers and Stability Vouchers are available by referral only for specific vulnerable populations.

Last verified February 19, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
240
Studio
57
1 Bedroom
152
2 Bedroom
31

Fair Market Rent - New York County, NY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,386
1 Bedroom$2,451
2 Bedroom$2,752
3 Bedroom$3,434
4 Bedroom$3,700

Income Limits - New York 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

Tax Credit Program Details

Year Placed in Service
1998
LIHTC Credit Type
4%
Low-Income Units
52 / 240
Funding Programs
Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in New York City, NY?+

The Fair Market Rent (FMR) for New York County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Union Square is typically 30% of household income or less.

What size apartments are available at Union Square?+

Union Square offers the following unit types: 57 Studio, 152 One-Bedroom, 31 Two-Bedroom units, for a total of 240 units.

Is there a waitlist for Union Square?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What is the price range for apartments in New York City, NY?+

Based on Fair Market Rent for New York County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752. Actual rent at Union Square may be lower for income-eligible households.

How do I apply for housing at Union Square?+

Union Square 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 New York County, NY?+

For a 4-person household in New York 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 manages Union Square?+

Union Square is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Walker's Paradise

100
Walk
100
Transit
95
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6,7,8,UG
9
0.8 mi
KG,1,2,3,4,5,6,UG
PK,KG,1,2,3,4,5,6,UG
KG,1,2,3,4,5,6,7,8

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

New York County, NY

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