495 E 158th St

495 E 158th St, New York City, NY 10451

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (212) 348-3248

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.

495 East 158th Street is a modern mid-rise residential building which is located in the East Concourse neighborhood of the Bronx. The apartments have hardwood floors, cable ready, Energy Star appliances and the heat, hot water and gas are included in the rent. The Elevator building has On-Site Laundry, Keyless Entry System, Building includes a 24 Hour Emergency Maintenance, On-Site Superintendent that is close to public transportation and Shopping. Steps to the 2, 5 subway lines and Melrose stop on the Metro North. Learn more about these apartments by contacting our leasing team today.

Dave's Thoughts On 495 E 158th St

Because 495 E 158th St participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

495 E 158th St Amenities

Elevator
24hr Emergency Maintenance
On-Site Parking
Heat and Hot Water Included
Intercom System
On-Site Laundry

Income Qualification for 495 E 158th St

*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	5 people	6 people	7 people	8 people
50% AMI for LIHTC Units	$49,450 / year	$56,500 / year	$63,550 / year	$70,600 / year	$76,250 / year	$81,900 / year	$87,550 / year	$93,200 / year
50% AMI for PBRA Units	$49,450 / year	$56,500 / year	$63,550 / year	$70,600 / year	$76,250 / year	$81,900 / year	$87,550 / year	$93,200 / year
60% AMI for LIHTC Units	$59,340 / year	$67,800 / year	$76,260 / year	$84,720 / year	$91,500 / year	$98,280 / year	$105,060 / year	$111,840 / year

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

FAQs for 495 E 158th St

Does 495 E 158th St have a waiting list?

495 E 158th St 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 495 E 158th St?

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 495 E 158th St?

495 E 158th St is managed by C&C Apartment Management LLC headquartered in New York, NY.

In addition to 495 E 158th St, how many other affordable housing properties (and units) are there in New York City?

In addition to 495 E 158th St, 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.