278 East 7th St.

278 E 7th St. is a six-story walk-up building on the Lower East Side neighborhood of Manhattan. This building has 17 units and is currently owned by UHAB, but will soon be a resident-owned and operated affordable co-op. Two apartments are available for purchase. The purhcase price and estimated maintenance fees are cited below. 

Applications will be randomly drawn. After the drawing, only complete applications will be  consideredOnly hard-copy applications received through the mail will be accepted. No emailed or hand-delivered applications will be accepted. Applications submitted by November 21, 2017 will be considered in the drawing. Applications submitted after November 21, 2017 may be considered, if necessary. Multiple applications will be found ineligible. No applicant is ineligible before the drawing. There is a NYC preference for this project.

 

Details

1B / 2B

Household 
Size

AMI Sq. Ft. Sales 
Price
 Maintenance
Fee
Income 
min

Income 
max 2017

1 person

165%

788

$328,364

$1,278

$90,684

$110,220

2 people

 165%

788

 $328,364

$1,278

$90,684

$126,060

3 people

165%

788

$328,364

$1,278

$90,684

$141,735

4 people

165%

788

$328,364

$1,278

$90,684

$157,410

 

5B

Household 
Size

AMI Sq. Ft. Sales 
Price
 Maintenance 
Fee
Income 
min

Income 
max 2017

1 person 120% 395 $125,375 $641 $41,731 $80,160
2 people 120% 395 $125,375 $641 $41,731 $91,680

 

 

Interested in applying for this opportunity?

For your application to be considered complete, you must submit the following documents:
PLEASE: NO PHONE CALLS OR EMAIL INQUIRIES.

This listing is not an offering. No offering can be made until an offering plan is filed with the Office of the Attorney General of the State of New York.

Click here for answers to some Frequently Asked Questions.

 

Listing Type: 
HDFC

 

Listing Type: 
HDFC