A brand new development in Wakefield is now accepting applications via New York City’s Housing Connect lottery system.
Wakefield Yards, a 212 unit development right at the 241st and White Plains Road subway station, has rents that are well below market rate with starting rents as low as $465 a month for studio units, and is a rare, truly affordable development.
Located at 4641 Furman Avenue, the development offers such basic amenities like shared laundry rooms, green and outdoor spaces and even a rooftop terrace.
Available units and income requirements are as follows (See website for full details and further requirements):
30% of Area Median Income
- $465 a month for a studio for households making $19,235-$38,880
- $591 a month for 1 bedroom units for households making $24,000-$43,740
- $700 a month for 2 bedroom units for households making $28,938-$52,500
- $800 a month for 3 bedroom units for households making $33,532-$60,270
50% Area Median Income
- $866 a month for studio units for households making $32,983-$64,800
- $1,092 a month for 1 bedroom units for households making $41,178-$72,900
- $1,301 a month for 2 bedroom units for households making $49,543-$87,500
- $1,494 a month for 3 bedroom units for households making $57,326-$100,450
60% AMI
- $1,066 a month for studio units for households making $39,840-$77,760
- $1,342 a month for 1 bedroom units for households making $49,749-$87,480
- $1,601 a month for 2 bedroom units for households making $59,829-$105,000
- $1,841 a month for 3 bedroom units for households making $69,223-$120,540
80%
- $1,395 a month for studio units for households making $77,452-$140,000
- $1,710 a month for 1 bedroom units for households making $62,366-$116,640
- $2,115 a month for 2 bedroom units for households making $77,452-$140,000
- $2,534 a month for 3 bedroom units for households making $92,983-$160,720
Please note, for each unit, there are other requirements such as number of people per household and further income requirements based on household size so refer to the Housing Connect website for further details.
Besides the 2 train just a block away, future residents will also be able to take a short walk to the Wakefield Metro North station and easily access points south and midtown or reverse commute into Westchester and beyond making this development truly a commuter’s dream.
How to Apply
For those interested in applying, you have until September 23, 2025 and you can do so online or you can request an application by mail by sending a self-addressed envelope to:Wakefield Yards- C/O Housing Line, Inc., 109 East 9th Street, Ground Floor
New York, NY 10003
Remember, you can only apply ONCE and you may not apply both online and by mail. Applying more than once can and will disqualify you according to the lottery rules.
Also, please note: We are NOT connected with this or any other real estate developments and cannot assist you in obtaining an apartment so please do not contact us regarding these units.
Good luck to all who apply!
