Hero Image

Rent Stabilized
Waterfront Apartments
in Long Island City

LOTTERY OPENING SOON

Create an account on NYC Housing Connect and apply for 5203 Center Blvd Apartments.
The Lottery will open on June 16, 2021.

Program Overview

Qualified applicants will be selected through a lottery to lease rent stabilized affordable units that are rent restricted and priced for low and middle income households. The lottery is run in cooperation with TF Cornerstone, the NYC Department of Housing Preservation and Development, and NYC Housing Development Corporation.

5203 Center Blvd:Accepting applications from 6/16/2021 to 8/16/2021

Create your account and apply for 5203 Center Blvd Apartments.

5203 Center Blvd

STUDIOS – 1 BEDROOMS – 2 BEDROOMS

If your total Household Income is between $20,606 – $212,685, you could qualify for a rent-stabilized apartment in a brand new, full service luxury building in a prime location on the Long Island City waterfront. In order to apply you must first create an account on NYC Housing Connect. Apply now, and save later!

Studios (174 available) 1-Bedroom (145 Available) 2-Bedroom
(215 Available)
$537 – $2,028 $683 – $2,544 $1,071 – $3,065

AMENITIES

  • + Terrace with BBQ Grills*
  • + Clubroom with Billiards, Wet Bar & Wraparound Terrace*
  • + Co-working Spaces*
  • + Landscaped Roof Deck*
  • + Children’s Playroom*
  • + Fitness Center*
  • + Yoga Studio*
  • + Sundeck & Lounge*
  • + Laundry Room
  • + Bike Storage
  • + Parking Garage (managed by 3rd party)

* Subject to a monthly community fee

Do You Qualify?

Available Units & Income Requirements for 5203 Center Blvd Apartments will be available for review on June 16, 2021.

% Area Median Income
(AMI) Units
Unit Size Monthly Rent 1 Units Available Household Size 2 Annual Household
Income 3
Minimum – Maximum 4
% Area Median Income
(AMI) Units
Unit Size Monthly Rent 1 Units Available Household Size 2 Annual Household
Income 3
Minimum – Maximum 4
40%*
Studio
$537
24
1 Person
2 People
$20,606 – $33,440
$20,606 – $38,200
40%*
1-Bedroom
$683
6
1 Person
2 People
3 People
$25,886 – $33,440
$25,886 – $38,200
$25,886 – $42,960
50%
Studio
$698
30
1 Person
2 People
$26,126 – $41,800
$26,126 – $47,750
50%
1-Bedroom
$883
8
1 Person
2 People
3 People
$32,743 – $41,800
$32,743 – $47,750
$32,743 – $53,700
50%
2-Bedroom
$1,071
22
2 People
3 People
4 People
5 People
$39,909 – $47,750
$39,909 – $53,700
$39,909 – $59,650
$39,909 – $64,450
50%*
Studio
$698
56
1 Person
2 People
$26,126 – $41,800
$26,126 – $47,750
50%*
1-Bedroom
$883
14
1 Person
2 People
3 People
$32,743 – $41,800
$32,743 – $47,750
$32,743 – $53,700
130%
Studio
$1,787
45
1 Person
2 People
$63,463 – $108,680
$63,463 – $124,150
130%
1-Bedroom
$2,244
13
1 Person
2 People
3 People
$79,406 – $108,680
$79,406 – $124,150
$79,406 – $139,620
130%
2-Bedroom
$2,704
32
2 People
3 People
4 People
5 People
$95,898 – $124,150
$95,898 – $139,620
$95,898 – $155,090
$95,898 – $167,570
165%
Studio
$2,028
19
1 Person
2 People
$71,726 – $137,940
$71,726 – $157,575
165%
1-Bedroom
$2,544
104
1 Person
2 People
3 People
$89,692 – $137,940
$89,692 – $157,575
$89,692 – $177,210
165%
2-Bedroom
$3,065
161
2 People
3 People
4 People
5 People
$108,272 – $157,575
$108,272 – $177,210
$108,272 – $196,845
$108,272 – $212,685

1. Rent includes gas for cooking.
2. Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3. Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change.
4. Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.
* Units designated for applicants whose households include at least one person aged 62 or older at the time of application

No Broker Fee. No Application Fee. No Guarantors. Rent Stabilized. Equal Housing Opportunity, ADA Compliance

 

Download Chart

Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 130% AMI and rent a studio apartment, your savings increase the longer you stay:

Over 5 years: $ $55,177
Over 10 years: $123,202
Over 15 years: $206,620

Market Rate
Stabilized Rent


Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 130% AMI and rent a one-bedroom apartment, your savings increase the longer you stay:

Over 5 years: $83,139  
Over 10 years: $184,618
Over 15 years: $307,984

Market Rate
Stabilized Rent


Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 130% AMI and rent a two-bedroom apartment, your savings increase the longer you stay:

Over 5 years: $122,432
Over 10 years: $268,865
Over 15 years: $443,623

Market Rate
Stabilized Rent


Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 165% AMI and rent a studio apartment, your savings increase the longer you stay:

Over 5 years: $40,021
Over 10 years: $91,024
Over 15 years: $155,323

Market Rate
Stabilized Rent


Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 165% AMI and rent a one-bedroom apartment, your savings increase the longer you stay:

Over 5 years: $64,273  
Over 10 years: $144,562
Over 15 years: $244,130

Market Rate
Stabilized Rent


Financial Benefits

Securing a rent-stabilized apartment not only means you’ll pay a much lower monthly rent: You’re also guaranteed a stabilized rent for the duration of your lease, unlike a market rate apartment.

For example, if you make 165% AMI and rent a two-bedroom apartment, your savings increase the longer you stay:

Over 5 years: $99,730  
Over 10 years: $220,664
Over 15 years: $366,784

Market Rate
Stabilized Rent


Chart
Chart
Chart
Chart
Chart
Chart

News

Hero

Explore The Community

The park starts at your door. Anchored by a new half-acre park and a stone’s throw from the Hunter’s Point South Ferry Terminal, 5203 & 5241 Center Blvd are conveniently located along the newly revitalized parklands and shoreline of the Long Island City waterfront in Hunter’s Point South. Your new home is steps away from pedestrian bridges and bike pathways, a kayak launch, exercise and picnic terraces, a 30 foot high cantilevered look-out platform offering views of the Manhattan skyline and East River, new playgrounds, dog runs, volleyball and basketball courts, and a growing collection of Public Art.

0.4 mi
8 min
11th Street/48 Ave (B32 Bus)
0.2 mi
3 min
Academy for Careers in Television & Film
0.3 mi
5 min
American Brass Restaurant
0.4 mi
9 min
Andrews Grove
0.5 mi
10 min
Blend on the Water
0.4 mi
8 min
BLVD Wine Bar
0.2 mi
4 min
Brighter Babies
1.1
23 min
Brooks 1890
0.5
10
Cafe Henri
0.5
9 miles
Casa Enrique
0.3 mi
6 min
Chinelos Birria Tacos
0.9 mi
18 min
Citi Bike – 45th Rd & 11th St
0.6 mi
11 min
Citi Bike – 46th Ave & 5th St
0.4 mi
8 min
Citi Bike – 47th Ave & 31st St
0.3 mi
6 min
Citi Bike – 51st Ave & 5th St
0.3 mi
6 min
Citi Bike – Center Blvd & 48th Ave
0.1 mi
3 min
Citi Bike – Center Blvd & 51st Ave
0.6 mi
11 min
Citi Bike – Vernon Blvd & 47th Rd
0.5 mi
9 min
Citi Bike – Vernon Blvd & 50th Ave
1 mi
20 min
Court Square Diner
1.0 mi
19 min
Court Square Station (7/G)
1.0 mi
20 min
Court Square-23 St Station (E/M)
0.2 mi
4 min
CVS
0.3 mi
6 min
Doggie Dates LIC
0.5 mi
9 min
Duane Reade
1.3 mi
28 min
Dutch Kills
0.5 mi
10 miin
E & I Deli & Grocery
0.3 mi
7 min
Earth + Sky Healing Arts
0.4 mi
8 min
Food Cellar Market
1.2 mi
26 min
Foodcellar & Co.
0.3 mi
6 min
Gantry Plaza State Park
0.1 mi
2 min
Gaston Lachaise’s Floating Woman
0.3
6 min
Happy Dogs Long Island City
0.6 mi
12 min
Hibino LIC
500 ft
2 min
Hunter’s Point South Ferry
0.7 mi
16 min
Hunter’s Point Ave Station (7)
0.1 mi
3 min
Hunter’s Point Community Middle School
0.3 mi
5 min
Hunter’s Point South Kayak Launch
0.1
2 min
Hunter’s Point South Park
0.3 mi
7 min
Icon Parking
0.6 mi
13 min
Jora
1.0 mi
21 min
Key Food
0.4 mi
8 min
Kitchen Plus More
0.6 mi
13 min
Kumon
0.7 mi
14 min
LIC Dog House
0.6 mi
11 min
LIC Flea & Food
0.3 mi
6 miin
LIC Kids Gymnastics
1.1 mi
22 min
LIC Market
0.4 mi
7 min
Little Man Parking
0.3 mi
5 min
Little Ones LIC
0.3 mi
5 min
LM Powerhouse Garage
0.5 mi
10 min
Lolly’s Early Childhood Center
0.5 mi
10 min
Long Island City Ferry
0.4 mi
9 min
Long Island City Veterinary Center
0.1 mi
2 min
Luminescence
0.5 mi
9 min
Maiella
0.8 mi
16 min
Manducatis
0.8 mi
17 min
Moma PS1
0.2 mi
3 min
MPG Parking
0.7 mi
17 min
Mu Ramen
0.9 mi
18 min
Murray Playground
0.5 mi
9 min
NY Kids Club
0.4 mi
8 min
Pepsi Cola Sign
0.2 mi
3 min
Piatto
0.3 mi
6 min
Pooches LIC
0.5 mi
9 min
Prudent Parking
0.2 mi
4 min
PS/IS 78Q | District 30
0.2 mi
3 min
PS/IS 78Q | District 30 | Tentative K-5
0.2 mi
5 miin
Queens Public Library at Hunters Point
0.4 mi
7 min
Queens West Parking
0.5 mi
10 miin
Queens West Sports Field
0.5 mi
11 min
Quik Park
0.3 mi
6 min
SacredWaters
0.4 mi
8 min
SHI
500 ft
1 min
Tetherball Monument
1.0 mi
19 min
The Cliffs at LIC
0.6 mi
13 min
The Creek and the Cave
0.5 mi
9 min
Tournesol
1.0 mi
20 min
Trader Joe’s (Expected Opening Fall 2021)
0.5 mi
10 min
Tuk Tuk
0.2 mi
5 min
Urban Market
0.3 mi
6 min
Vernon Blvd/Borden Ave (Q103 Bus)
0.4 mi
8 min
Vernon Blvd/Jackson Ave Station (7)
0.6 mi
12 min
Woodbines

Explore the Community

  • Transportation
  • Education
  • Parks and Green Spaces
  • Parking
  • Dining and Nightlife
  • Essentials
  • Wellness
  • Arts and Culture
  • Pet Care

Stay Updated

Enter your details below to receive announcements regarding the Hunter’s Point South Affordable Housing Lottery.

Subscribe