Low Income (LIHTC)Waitlist Closed

1501 Lexington Avenue

1501 Lexington Ave, New York, NY, 10029

Information verified September 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

Closed

Apply: Online

The website mentions how to apply for an apartment in public housing and how to check application status. Eligibility is based on family definition, safety, age, citizenship/immigration status, and income limits. Senior building eligibility has specific age requirements.

Last verified August 15, 2026

Section 8 (HCV) Waitlist

Closed

The website mentions a 'Partial Reopening of the Waitlist' in June 2020 and June 2022, but does not indicate if it is currently open. It also mentions that funding for the Emergency Housing Voucher (EHV) program will end in late 2026.

Last verified July 25, 2026

Waitlist data provided by section8waitlist.org

Updated September 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 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.

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