Bay Park II

3395 Neptune Ave, New York City, New York 11224

Bay Park II is a mixed-income apartment community offering 338 units for both market rate and low-income residents. Each unit comes with hardwood floors and heating.

Eligibility for Bay Park II

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in New York City but actual income limits may differ for units at Bay Park II.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$29,650	$33,900	$38,150	$42,350
50%	$49,450	$56,500	$63,550	$70,600
80%	$79,200	$90,500	$101,800	$113,100

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New York City but actual income limits may differ for units at Bay Park II.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$49,450	$56,500	$63,550	$70,600
Low Income (60%)	$59,340	$67,800	$76,260	$84,720

Bay Park II Details

338 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Voucher (PBV)

Property Amenities

Heat Included

Unit Amenities

Hardwood Floors

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.