401 W 25th St Apartments

401 W 25th St, New York City, New York 10001

401 W 25th St Apartments, located at 401 W 25th St in New York City, has studio, one, two and three bedroom apartments. 401 W 25th St Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
0 Bedroom (Studio/1) - Call for Price
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

401 W 25th St Apartments Details

  • 168 studio, one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Elevator
  • Bicycle Storage
  • Laundry Facility
  • Heat Included

Unit Amenities

  • Dishwasher
  • Heat and Hot Water Included
  • Intercom System
  • Stainless Steel Appliances

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm

About 401 W 25th St Apartments

401 W 25th St Apartments is a post-war rental building in downtown Manhattan's Chelsea neighborhood finished in 2011. Situated at 401 West 25th Street, between Ninth Avenue and Tenth Avenue , the building contains 168 units and rises 22 stories. The building has elevators and amenities include: bike room, laundry room, outdoor entertainment space, rooftop terrace, terraces / balconies, video intercom and virtual doorman.

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.

New York 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 New York City but actual income limits may differ for units at 401 W 25th St Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450
Low Income (60%) $44,820 $51,240 $57,660 $64,020 $69,180 $74,280 $79,440 $84,540

401 W 25th St Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

401 W 25th St Apartments is managed by K & R Realty Management.

Image of 401 W 25th St Apartments
Image of 401 W 25th St Apartments
Image of 401 W 25th St Apartments
Image of 401 W 25th St Apartments
Image of 401 W 25th St Apartments
Image of 401 W 25th St Apartments

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