111 East 172nd Street Apartments

111 E. 172nd St., New York City, NY 10452

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 2 Beds	1 Bath	-

Call (212) 780-1400

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.

111 East 172nd Street is an affordable apartment community that includes 57 affordable 2-bedroom apartments, 8 affordable studios, and 60 studio apartments for tenants referred by the New York State Office of Mental Health, as well as a 2-bedroom superintendent’s apartment. OMH will provide funds for on-site social services to be provided by Community Access staff. The building features two large community rooms, a commercial kitchen, an exercise room, a computer lab and free Wi-Fi. Staff will be at the site 24 hours a day.

Dave's Thoughts On 111 East 172nd Street Apartments

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 111 East 172nd Street Apartments 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 Layfield, Founder of Affordable Housing Online

111 East 172nd Street Apartments Amenities

Elevator
Fitness Center
Community Room
Laundry Room
Extra Storage
Bicycle Storage
On-Site Social Services
Community Garden
Computer Room
Community Kitchen

Units at 111 East 172nd Street Apartments

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†

Income Qualification for 111 East 172nd Street Apartments

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

AMI*	1 person	2 people	3 people	4 people

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

FAQs for 111 East 172nd Street Apartments

Does 111 East 172nd Street Apartments have a waiting list?

111 East 172nd Street Apartments 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 111 East 172nd Street Apartments?

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 111 East 172nd Street Apartments?

111 East 172nd Street Apartments is managed by Community Access, Inc. headquartered in New York City, NY.

In addition to 111 East 172nd Street Apartments, how many other affordable housing properties (and units) are there in New York City?

In addition to 111 East 172nd Street Apartments, we list 2637 other affordable properties in New York City. Learn about these properties here. Our data research shows that there are a total of 402423 affordable units in New York City.

When was the 111 East 172nd Street Apartments listing last updated?

111 East 172nd Street Apartments listing on Affordable Housing Online was last updated on 05/24/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.