New Affordable Condominiums for Sale 200 East 95th Street
95th and Third LLC, is pleased to announce that applications are now being accepted for 21 newly constructed Condominium units at 200 East 95th Street, New York, NY, 10128 Upper East Side
Amenities: Lobby attendant, on-site resident manager, on-site laundry, children’s playroom, outdoor courtyard, resident lounge, grand salon, bike room, fitness room*, pool*, music room*, dog spa*, stroller valet* (*additional fees apply)
Transit: Trains – Q, 4, 5, 6 and Buses – M15, M15-SBS, M96, M98, M101, M102, M103, BXM1
No application fee • No broker’s fee • Owner Occupancy Required
This building is being constructed through the 421-A Program of the New York City Department of Housing Preservation and Development and the New York State Affordable Housing Corporation.
Who Should Apply?
Individuals or households who meet the income requirements listed in the table below may apply. Qualified applicants will be required to meet additional selection criteria. General preference will be given to New York City residents
A percentage of units is set aside for people with disabilities:
- Mobility (5%)
- Vision/ hearing (2%)
Preference for a percentage of units goes to:
- Residents of Manhattan Community Board 8 (50%)
- Municipal employees (5%)
Eligible buyers should have [10%] of the purchase price available for down payment. Please note that the quoted sales prices, maximum household income, asset limit, etc., are estimated and are subject to change.
EACH BUYER MUST OCCUPY 200 EAST 95TH CONDOMINIUM AS THEIR PRIMARY RESIDENCE.
ANY PROSPECTIVE APPLICANT WHO CURRENTLY OWNS OR PREVIOUSLY HAS PURCHASED A RESIDENTIAL PROPERTY IS INELIGIBLE.
The estimated sales prices, unit sizes, and income requirements are as follows:
* Subject to occupancy Criteria
** Income guidelines subject to change; larger down payments may allow for lower minimum incomes.
*** Asset limit subject to change
**** This monthly payment includes Com Charges, R.E Taxes, Principal and Interest assuming a 10% down payment, 30yr fixed rate mortgage @ 4% rate.
How Do You Apply?Download Application
To request an application by mail, send a self-addressed envelope to: 200 East 95th Condo, c/o Housing Partnership Development Corporation, 242 West 36th Street, 3rd floor, New York, NY 10018. Only send one application per development. Do not submit duplicate applications. Applicants who submit more than one application may be disqualified.
Completed applications must be returned by regular mail only (no priority, certified, registered, express, oversized, or overnight mail will be accepted) to a post office box number that will be listed on the application.
Informational sessions will be held on: April 4, 2018 and April 18, 2018 from 6:00 pm to 7:00 pm at Our Lady of Good Counsel – St.Thomas More Church, 230 East 90th Street, New York, NY 10128.
Seminar attendance is not mandatory to purchase at 200 East 95th Street
When is the Deadline?
Applications must be postmarked May 17, 2018
What Happens After You Submit an Application?
After the deadline, applications are selected for review through a lottery process.
If yours is selected and you appear to qualify, you will be invited to an appointment to review your documents and to continue the process of determining your eligibility. Appointments are usually scheduled from 2 to 10 months after the application deadline. You will be asked to bring documents that verify your household size, identity of members of your household, and your household income.
This advertisement is not an offering. The complete offering terms are in an offering plan available from Sponsor. File No. CD15-0238. Sponsor: 95th and Third LLC. 805 Third Avenue, Seventh Floor, New York, NY 10022. Equal Housing Opportunity.
Mayor Bill de Blasio • HPD Commissioner Maria Torres-Springer