A new long Island City luxury rental, 46-09 Eleventh Street is a 60,000 SF building with 59 units. The buildings amenities include a virtual doorman, laundry facilities, fully-equipped fitness center, package room, and bicycle storage.
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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.
46-09 Eleventh Street Apartments is managed by Ekstein Development Group.