New York Apartments

233 N New York Ave , Atlantic City, New Jersey 08401

New York Avenue Apartments is located directly outside the downtown area of Atlantic City, New Jersey, which is famous for its Boardwalk, Casinos, and tourist attractions and shopping. With the beach only a few blocks away it is a great way to spend a summer day strolling on the boardwalk, swimming in the ocean, or relaxing on the beach. New York Avenue Apartments is a 15 story, predominantly Senior High Rise, Section 8 HUD and Tax Credit property. In our active community you can enjoy the community library, complete a puzzle in the game room or have coffee with your neighbors in the community room. There is a large patio with tables and chairs where you can sit and relax with your neighbors and guests.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedrrom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

New York Apartments Details

  • 150 one and two bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Laundry Room
  • 24hr Emergency Maintenance
  • On-Site Parking
  • Secured Entry
  • Monthly Planned Activities
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Heat and Hot Water Included
  • Stove
  • Frost-Free Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools
  • Near Post Office

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Atlantic City HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Atlantic City but actual income limits may differ for units at New York Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,700 $20,200 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $29,500 $33,700 $37,900 $42,100 $45,500 $48,850 $52,250 $55,600
80% $47,150 $53,900 $60,650 $67,350 $72,750 $78,150 $83,550 $88,950

Atlantic City Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Atlantic City but actual income limits may differ for units at New York Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,500 $33,700 $37,900 $42,100 $45,500 $48,850 $52,250 $55,600
Low Income (60%) $35,400 $40,440 $45,480 $50,520 $54,600 $58,620 $62,700 $66,720

New York Apartments is managed by Community Realty Management.

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