Station 25

25 Delaware Ave , Albany, NY 12210

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter
RentBedsBathsSqFt
$513 - 1,336 per Month1 - 2 Beds1 Bath-
check_circle  Pets Allowed

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Located in the historic city of Albany, Station 25 offers affordable 1-bedroom and 2-bedroom apartment homes. Each unit features spacious floor plans, oversized bathrooms, washer and dryer hookups, luxury plank flooring, and modern finishes. Property amenities include a beautiful great room for gatherings and a fitness center outfitted with ample equipment.

Station 25 is located in the Park South neighborhood and has direct access to public transportation with a bus stop directly in front of the community. With many restaurants, shops, banks, and businesses close by, Station 25 offers a convenient location for everyone!

Dave's Thoughts On Station 25

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Station 25 does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Station 25 Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • Playground
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Gazebo
  • Dishwasher
  • Walk-in Closet(s)
  • Energy Star Appliances
  • Central Heat & Air
  • Fully Equipped Kitchen
  • Smoke Free

Units at Station 25

Unit (Bd/Ba)Ft2Rent
One Bedroom (1/1)736-741ft2$513 $1,108
Two Bedroom (2/1)962-970ft2$620 $1,336

Income Qualification for Station 25

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI*1 person2 people3 people4 people
50% AMI for LIHTC Units$39,300 / year$44,900 / year$50,500 / year$56,100 / year
50% AMI for PBRA Units$39,300 / year$44,900 / year$50,500 / year$56,100 / year
60% AMI for LIHTC Units$47,160 / year$53,880 / year$60,600 / year$67,320 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Station 25

Does Station 25 have a waiting list?

Station 25 probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Station 25?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Station 25?

Station 25 is managed by Conifer Realty, LLC headquartered in Rochester, New York.

In addition to Station 25, how many other affordable housing properties (and units) are there in Albany?

In addition to Station 25, we list 106 other affordable properties in Albany. Learn about these properties here. Our data research shows that there are a total of 5038 affordable units in Albany.

When was the Station 25 listing last updated?

Station 25 listing on Affordable Housing Online was last updated on 07/05/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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