Application and Waiting List

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A Mitchell-Lama Housing Cooperative in NYC 

APARTMENT PRICES AND INCOME REQUIREMENTS

Studio, 1-Bedroom, 2-Bedroom, 3-Bedroom & 4-Bedroom Duplex

Cooperative Apartments


No. of Bedrooms

2013 Equity Plus Amortization

(SALES PRICE)

Maintenance Range

(30% of Gross Household Income or Fair Market Value-Whichever is Greater)

January

February

March

Studio

$6,473.00

$6,473.00

$6,474.00

$527.00 - $712.00

Studio w/Terrace

$7,004.00

$7,004.00

$7,006.00

$604.00 - $816.00

One Bedroom

$8,631.00

$8,631.00

$8,633.00

$680.00 - $918.00

One Bedroom w/ Terrace

$9,624.00

$9,624.00

$9,627.00

$773.00 - $1,044.00

Two Bedroom

$11,083.00

$11,083.00

$11,085.00

$860.00 - $1,162.00

Two Bedrooms w/Terrace

$11,639.00

$11,639.00

$11,642.00

$916.00 - $1,237.00

Three Bedrooms

$13,238.00

$13,238.00

$13,241.00

$1,010.00 - $1,365.00

Three Bedrooms w/Terrace

$13,530.00

$13,530.00

$13,533.00

$1,070.00 - $1,445.00

Four Bedroom

$13,996.00

$13,996.00

$13,999.00

$1,169.00 - $1,580.00

Four Bedrooms w/Terrace

$14,230.00

$14,230.00

$14,234.00

$1,206.00 - $1,629.00


New Applicants: Once your application has been processed and approved by the NYC-Department of Housing Preservation & Development (HPD), the above equity & amortization payment is required within seven (7) business days.

Internal Transfers: After a shareholder accepts a unit, the above Equity and Amortization payment is required within seven (7) business days.

Failure to make said payment within the required time frame will result in the apartment being assigned to the next eligible shareholder/applicant on the list.

No. of Bedrooms

Family Size

Basic Maintenance

Fair Market Value

Equity

Minimum Income Req’d

Studio

2

$527.00

$712.00

$1,571.00

$17,240.00

Studio w/Terrace

2

$604.00

$816.00

$1,700.00

$19,760.00

One Bedroom

3

$680.00

$918.00

$2,095.00

$22,240.00

One Bedroom w/ Terrace

3

$773.00

$1,044.00

$2,336.00

$25,280.00

Two Bedroom

4

$860.00

$1,162.00

$2,690.00

$28,120.00

Two Bedrooms w/Terrace

4

$916.00

$1,237.00

$2,825.00

$29,960.00

Three Bedrooms

7

$1,010.00

$1,365.00

$3,213.00

$33,040.00

Three Bedrooms w/Terrace

7

$1,070.00

$1,445.00

$3,284.00

$35,000.00

Four Bedroom

8

$1,169.00

$1,580.00

$3,397.00

$38,240.00

Four Bedrooms w/Terrace

8

$1,206.00

$1,629.00

$3,454.00

$39,440.00


TO REQUEST AN APPLICATION BY MAIL:

Please send a written request and a self-addressed business size envelope (4x9 inches) with 0.68 cents postage to:
1199 Housing Corporation – Management Office
2120 First Avenue
New York, NY 10029
Attn: Application Request

Handicapped Accessible         Equal Opportunity Employer


 1199 Housing Corporation has waiting lists for all of our apartments. If you are a new applicant, click on the NYC Department of Housing Preservation & Development website for more information.

Current 1199 residents that wish to transfer to a new apartment should log into our Resident Portal, click on the Documents button and open the “Internal Apartment Transfer” folder to find the Transfer forms.