About This Property
This 30-unit multifamily property at 518 W 204th St in New York includes 9 low-income units designated for families through the 4% LIHTC program. The building offers a unit mix of seven one-bedroom and two two-bedroom apartments. The property is managed to serve family households in New York County.
Waitlist Information
Waitlist managed by New York City Housing Authority
Eligibility is based on family definition, safety and welfare of residents, age, US citizenship or eligible immigration status, and income limits. Senior building eligibility has specific age requirements.
The website mentions 'Partial Reopening of the Waitlist' in June 2020 and June 2022, indicating past openings. No current open status is mentioned.
Waitlist data provided by section8waitlist.org
Updated May 13, 2026
Property Details
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.
- 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 |
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Tax Credit Program Details
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 518 W 204th St is typically 30% of household income or less.
What size apartments are available at 518 W 204th St?+
518 W 204th St offers the following unit types: 7 One-Bedroom, 2 Two-Bedroom units, for a total of 30 units.
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 518 W 204th St?+
518 W 204th St is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New York, NY?+
Based on Fair Market Rent for New York County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752. Actual rent at 518 W 204th St may be lower for income-eligible households.
Who is eligible to live at 518 W 204th St?+
518 W 204th St primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for 518 W 204th St?+
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 518 W 204th St?+
518 W 204th St 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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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