Contact
421a Marketing by
City5 Consulting
1115 Broadway
10th Floor
New York, NY 10010
(p) 212.571.3003
421a Marketing by
City5 Consulting
1115 Broadway
10th Floor
New York, NY 10010
(p) 212.571.3003
37 Montrose is a boutique residential property in Williamsburg featuring an industrial warehouse vibe with high end finishes, original art throughout, and a clear view of Manhattan from the common roof top patio. Conveniently located a block away from the J,M and G trains and 5 blocks from the L train. Qualifying New Yorkers can apply for the affordable units at 37 Montrose Avenue from July 5th 2018 until July 25th 2018.
Right now 3 one bedroom units are available for rent for $2,250.00/month. Families making from $77,143 to $122,070 per year with the household size 1-3 people are welcome to apply.
The J51 Tax Program is for rehabilitation or conversion to multiple dwellings.
Learn MoreDevelopers must follow HPD marketing & tenant selection procedures.
Learn MoreApplicant evaluation, post lottery is highly regulated and complex.
Learn MoreProperties which receive 421a benefits must demonstrate HPD compliance.
Learn MoreApproximately 90% of applicants for 130% AMI projects are ineligible. CompliBuddy identifies such conditions and automates required notices to applicants.
Swift applicant eligibility processes post lottery and workflow automation to ensure compliance with HPD regulations, combined with real time reporting of statistics developers want to know.
Document requirements for applicants are extensive. CompliBuddy provides applicants a login to view document requests, upload documents, and be alerted of missing documents.
HPD requires frequent audits from approved marketing agents. CompliBuddy provides one-click reporting in specified formats to ensure quick HPD Compliance approvals.
Developers are required to start the 421a application processes with HPD at a minumum nine months before the anticipated Certificate of Occupancy issuance. However, most seasoned developers understand the benefits of taking tax incentive programs and regulations into consideration in the early stages of architectural plans.
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The seven-story building will rise between Troy and Schenectady Avenues in East Flatbush and will have 93 units in total. The ground floor will host 13,916 square feet of commercial space and a 968-square-foot medical office.
The affordable rentals here 6 studios, 19 one-bedrooms and 3 two-bedrooms. The former will be renting at $2,201/month and the latter are asking $2,320 and $2,795 per month. The apartments are open to those making 130 percent of the area median income.
329 Broadway will be a new 16-story, mixed-use development with 63 apartments and commercial spaces on the first two floors. The property will have 19 affordable apartments that will be rented out through Affordable New York Housing Program later this Fall.
Apply Find out if I qualify
A new five-story building in Long Island City will have 37 units in total. 21-34 Broadway will have six one bedrooms and six two bedrooms assigned to affordable housing. The rents will range from $2,211 to $2,666 and will be accepting application from qualifying New Yorkers earning 130 percent of the area median income.
Apply Find out if I qualify
This property is a new development. The developer(s) filed plans to build a 20,138-square-foot building at 804 Jefferson Ave in the Bedford-Stuyvesant neighborhood of Brooklyn. The plans call for 28 total units and an occupancy classification of R-2 - RESIDENTIAL: APARTMENT HOUSES. The building is under construction.
Find out if I qualify
This property is a new development with 30 units. 9 units are assigned to affordable housing and was accepting applications from September 11th 2018 until October 2nd 2018. Qualifying New Yorkers earning 130 percent of the area median income could apply for one $2,544/month one-bedroom and two $3,050 two-bedroom apartments.
Amenities will include on-site parking for 15 vehicles, gym, laundry and a bike room. Apartments will have balconies and high ceilings.
A new four-story, eight-unit residential building at 2825 Snyder Avenue in the borough’s East Flatbush neighborhood. It’s about a block from the Church Av 2/5 stop. The filing is for a four-story building. Average units of about 708 square feet.
Apply Find out if I qualify
This property is a new development. The developer(s) filed plans in October of 2015 to build a 5,667-square-foot building at 2823 Snyder Ave in the East Flatbush neighborhood of Brooklyn. The plans call for 8 total units.
Apply Find out if I qualify
This newly constructed Greenpoint rental has 20 units. Seven affordable units are a mix of studios, one and two bedrooms that cater to individuals and families that earn 130 percent of the area median income. Rent prices go from $2,100/month for a studio, $2,555/month for a one bedroom and $2,715/month for a two bedroom. Among the amenities within the building are a laundry room, roof deck, gym and parking.
Apply Find out if I qualify
Does your development qualify for a 421a Tax Abatement? Are you looking for affordable unit marketing, lottery, & lease-up? Are you looking for proprietary software to ensure success?
We can help.
