Affordable Housing Lottery Launches for 325 East 25th Street in Kips Bay, Manhattan

325 East 25th Street in Kips Bay, Manhattan. Image courtesy of NYC Housing Connect

The affordable housing lottery has launched for 325 East 25th Street, a nine-story residential building in Kips Bay, Manhattan. Designed by SLCE Architects, the structure yields 56 residences. Available on NYC Housing Connect are 55 units for residents at 80 to 165 percent of the area median income (AMI), ranging in eligible income from $48,755 to $177,210.

Amenities include bike storage lockers, a shared laundry room, storage, gym, and outdoor areas. Rent includes gas for cooking and heat and hot water, and tenants pay for basic electricity

At 80 percent of the AMI, there are 22 two-bedrooms with a monthly rent of $1,458 for incomes ranging from $49,989 to $103,120. At 120 percent of the AMI, there are 11 units ranging from studios to two-bedrooms, with a monthly rent ranging from $1,758 to $2,216 for incomes ranging from $60,275 to $154,680. At 145 percent of the AMI, there are 11 one-bedrooms with a monthly rent of $2,233 for incomes ranging from $76,560 to $155,730. At 165 percent of the AMI, there are 11 units ranging from studios to one-bedrooms with a monthly rent ranging between $2,412 and $2,612 for incomes ranging from $82,698 to $177,210.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than September 24, 2021.

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TFC Horizon
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5 Comments on "Affordable Housing Lottery Launches for 325 East 25th Street in Kips Bay, Manhattan"

  1. Hi is this project is affordable household if yes please I’m really interested it for the application even tomorrow I’ll like to move forward on

  2. How do I apply

  3. I’m interested in applying for a 1 or 2b 325 E. 25.
    You can reach me at 646-204-4689.
    Please call asap & if don’t reach me, leave a message.
    I am in desperate need of immediate 1/2b apt. as I’ve been trying to get an apt for 5 yrs.
    I greatly appreciate your help asap.
    Dennis

  4. Need a 1 bedroom apartment at 325 E 25th, Manhattan with an egible income of $48,755.
    Thanks and I can be reached by my email.

  5. 265 cherry apartment 8A NY 10002

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