About This Property
Ocean Park offers 602 units of affordable housing in Far Rockaway, Queens, with 423 units designated for low-income families. The property contains 300 one-bedroom, 252 two-bedroom, and 50 three-bedroom units. The community has been in service since 2005 and is financed through tax-exempt bonds and 4% LIHTC credits.
Property Details
Fair Market Rent - Queens 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 - Queens 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 Far Rockaway, NY?+
The Fair Market Rent (FMR) for Queens County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Ocean Park is typically 30% of household income or less.
What size apartments are available at Ocean Park?+
Ocean Park offers the following unit types: 300 One-Bedroom, 252 Two-Bedroom, 50 Three-Bedroom units, for a total of 602 units.
Who is eligible to live at Ocean Park?+
Ocean Park primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Ocean Park?+
Ocean Park is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Queens County, NY?+
For a 4-person household in Queens 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.
How do I apply for housing at Ocean Park?+
Ocean Park 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 is the price range for apartments in Far Rockaway, NY?+
Based on Fair Market Rent for Queens County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Ocean Park may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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