Bronx Commons

443 E 162nd St, New York City, NY 10451

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 3 Beds	1 Bath	-

Call (718) 865-1827

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.

Bronx Commons, developed by WHEDco and BFC Partners is a 420,000 square-foot new construction of 305 permanently affordable studio, 1-, 2- and 3- bedroom rental apartments, located at 443 East 162 Street, Bronx, NY 10451.

In addition to affordable housing, Bronx Commons will feature the 14,000 square foot Bronx Music Hall, featuring a concert hall with 250 seats, rehearsal spaces and an outdoor performance and recreational space, among other amenities.

Bronx Commons boasts a 428-panel rooftop Solar PV installation, one of the largest such installations on an affordable housing development in New York City, among other sustainability features.

Dave's Thoughts On Bronx Commons

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 Bronx Commons 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. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

~ Dave Layfield, Founder of Affordable Housing Online

Bronx Commons Amenities

Elevator
Fitness Center
Community Room
On-Site Manager
On-Site Parking
Bicycle Storage
Laundry Room(s)
Smoke Free
Courtyard

Units at Bronx Commons

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price^†
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†
Three Bedroom (3/1)	-	Call for Price^†

Income Qualification for Bronx Commons

*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

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

FAQs for Bronx Commons

Does Bronx Commons have a waiting list?

Bronx Commons 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 Bronx Commons?

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 Bronx Commons?

Bronx Commons is managed by Lemle & Wolff Property Management headquartered in Bronx, New York.

In addition to Bronx Commons, how many other affordable housing properties (and units) are there in New York City?

In addition to Bronx Commons, 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.