Introducing an exciting opportunity to reside in the heart of East Harlem at 88 East 127th Street, a striking 19-story building that presents 40 mixed-income apartments.
This prime location is thoughtfully positioned near various public transportation options, the expansive Marcus Garvey Park, and many dining and shopping choices.
Prospective residents with incomes ranging from 40 to 130 percent of the area median income, corresponding to $29,109 annually for an individual and up to $198,250 for a household of five, are eligible to apply for these exceptional residences. The apartments span from comfortable $763 per month studios to spacious $3,773 per month two-bedroom units.
Developed by Artimus Construction and masterfully designed by GF55 Architects, the tower boasts an array of impressive amenities. Enjoy the 19th-floor residential lounge featuring a beautifully landscaped terrace, a dynamic game room, a well-equipped fitness center, a library with coworking spaces, and even a dedicated pet spa room. Each residence is furnished with modern conveniences such as dishwashers, premium countertops and finishes, energy-efficient appliances, and intelligent heating and cooling controls.
In March 2022, Artimus secured a $66 million construction loan with Bank Hapoalim to facilitate the tower’s construction. The property was initially acquired by Artimus in August 2012 for $1.35 million, according to official city records.
Residents will appreciate the immediate access to multiple public transit options, including the 2, 3, 4, 5, and 6 subway lines, along with the M1, M60-SBS, M98, M101, and M125 buses, as well as the MetroNorth service at Harlem-125th Street station.
Applications for these remarkable apartments will be accepted until October 9, 2023. Additional details on the application process can be found here. Furthermore, half of the units will be reserved for individuals residing in Manhattan Community Board 11, providing them with priority consideration. For inquiries related to this opportunity, kindly reach out to NYC’s Housing Connect department at 311.
Should you not meet the criteria for the aforementioned housing lotteries, we invite you to explore CityRealty.com’s no-fee rentals page comprehensive for other enticing apartment options across the city.
Photo credit: Soucre.
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