The Muller Residences

555 Nereid Avenue , New York City, NY 10470

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey

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

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.

Muller Residences is a 4 story affordable apartment complex that has 90 units, with 54 units reserved for formerly homeless military veterans and the remaining 35 units for low income individuals. One unit is set aside for a live in superintendent. The Muller Residences provides onsite supportive services to tenants, including comprehensive case management, linkages to health care, and other critical services, such as job preparedness, employment training, and drug/alcohol prevention services.

Dave's Thoughts On The Muller Residences

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 The Muller Residences 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

The Muller Residences Amenities

Fitness Center
Basketball Court
Laundry Room
Bicycle Storage
Community Media Center
On-Site Social Services
Energy Efficient Appliances
On-Site Security

Units at The Muller Residences

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

Income Qualification for The Muller Residences

*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 The Muller Residences

Does The Muller Residences have a waiting list?

The Muller Residences 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 The Muller Residences ?

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.

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

In addition to The Muller Residences , we list 2599 other affordable properties in New York City. Learn about these properties here. Our data research shows that there are a total of 393588 affordable units in New York City.

When was the The Muller Residences listing last updated?

The Muller Residences listing on Affordable Housing Online was last updated on 09/19/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.