New York City Apartments Selling for $9,600: New Housing Lottery Programs Pleasantly Surprise
'05.06.2026'
ForumDaily New York
New Yorkers now have the opportunity to purchase real estate at reduced prices thanks to the Mitchell-Lama affordable housing program. Apartments at the Jamie Towers complex in the Castle Hill neighborhood of the Bronx are now on sale, starting at $9,600.
The Mitchell-Lama program is designed for middle- and moderate-income families. It helps them buy or rent a home. housing on more accessible ones conditions.
What apartments are available?
Sales are now open at Jamie Towers, 633 Olmstead Avenue. See more details. here.
Studio:
- Purchase price: $20,101.
- Family composition: from 1 to 2 people.
- Annual family income: $90,000 to $281,923.20.
- Monthly service fee: $959,14 to $1,240.04.
One bedroom apartment:
- Purchase price: $20,101.
- Family composition: from 1 to 3 people.
- Annual family income: $90,000 to $281,923.20.
- Monthly service fee: from $1,007.43 to $1,693.33.
Two-bedroom apartment:
- Purchase price: $20,101.
- Family composition: from 2 to 5 people.
- Annual family income: $90,000 to $281,923.20.
- Monthly service fee: $2,279.13 to $2,443.20.
On the subject: New York City Mayor Mamdani cuts education and housing spending to balance the budget.
Three-bedroom apartment with a terrace:
- Purchase price: $20,101.
- Family composition: from 4 to 6 people.
- Annual family income: $90,000 to $281,923.20.
- Monthly service fee: $2,279.13 to $2,443.20.
How to apply
You can submit your application online here.
Additionally, a paper application form can be requested by phone at (718) 829-6912 or by email. [email protected].
