Low Income (LIHTC)Waitlist Open

1501 Lexington Avenue

1501 Lexington Ave, New York, NY, 10029

Information verified November 7, 2026·We re-check waiting list status daily

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About This Property

1501 Lexington Avenue offers 32 units of affordable housing in New York, NY. The property is managed to provide residential options in New York County. This multifamily building serves as an affordable housing resource for the community.

Waitlist Information

Waitlist managed by New York City Housing Authority

Public Housing Waitlist

Open

Apply: Multiple

The head of household must be 18 or older (or an emancipated minor), at least one household member must be a U.S. citizen or have eligible immigration status, and household income must be at or below 80% of the Area Median Income. Applicants select a first and second borough choice and cannot pick a specific development. Applications are active for two years and must be renewed every two years to remain on the waitlist. Priority is given to New York City residents.

Last verified October 28, 2026

Section 8 (HCV) Waitlist

Closed

The website mentions that if a voucher expires and a rental package has not been submitted, the household will be removed from the waiting list and required to reapply when NYCHA is accepting applications. This implies the waiting list is not currently open for new applications.

Last verified July 25, 2026

Waitlist data provided by section8waitlist.org

Updated November 7, 2026

Property Details

Total Units

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.

Bedrooms	FMR
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

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

8888

Low-Income Units

0 / 32

Frequently Asked Questions

What is the average rent for affordable housing in New York, 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 1501 Lexington Avenue is typically 30% of household income or less.

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 1501 Lexington Avenue?+

1501 Lexington Avenue is managed by . You can reach them at .

Is there a waitlist for 1501 Lexington Avenue?+

Public Housing waitlist is currently Open. 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.

How do I apply for housing at 1501 Lexington Avenue?+

1501 Lexington Avenue is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.

Begin Application Now