Housing Lottery Launches for Tryon North at 4778 Broadway in Inwood, Manhattan

 

The affordable housing lottery has launched for Tryon North, a 12-story mixed-use building at 4778 Broadway in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, the structure yields 80 residences. Available on NYC Housing Connect are 23 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $31,235 to $218,010.

Tryon North at 4778 Broadway in Inwood, Manhattan via NYC Housing Connect

Residents will have access to a shared laundry room, gym, and bike storage lockers. Units come with patios or balconies. Tenants are responsible for electricity.

At 40 percent of the AMI, there is one studio with a monthly rent of $784 for incomes ranging from $31,235 to $49,720; six one-bedrooms with a monthly rent of $828 for incomes ranging from $33,395 to $55,920; and two two-bedrooms with a monthly rent of $967 for incomes ranging from $39,875 to $67,080.

At 60 percent of the AMI, there are four studios with a monthly rent of $1,251 for incomes ranging from $47,246 to $74,580; one one-bedroom with a monthly rent of $1,328 for incomes ranging from $50,538 to $83,880; and four two-bedrooms with a monthly rent of $1,567 for incomes ranging from $60,446 to $100,620.

At 110 percent of the AMI, there are two one-bedrooms with a monthly rent of $2,579 for incomes ranging from $93,429 to $153,780, and one two-bedroom with a monthly rent of $3,068 for incomes ranging from $111,909 to $184,470.

At 130 percent of the AMI, there is one one-bedroom with a monthly rent of $3,298 for incomes ranging from $113,075 to $181,740, and one two-bedroom with a monthly rent of $3,939 for incomes ranging from $135,052 to $218,010.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than February 3, 2025.