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Belle Gardens (Homeownership)

Belle Gardens (Homeownership)

20 Suydam Place, 37 Rochester Avenue, 331 and 335 Ralph Avenue, Brooklyn, NY 11233

Don’t miss this exciting opportunity to own an affordable apartment in Bedford-Stuyvesant, Brooklyn! If you’re interested in affordable homeownership, complete the form today to get started. (First time homebuyers only)

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About Belle Gardens (Homeownership)

New York City is committed to the principle of inclusivity in all of its neighborhoods, including supporting New Yorkers to reside in neighborhoods of their choice, regardless of their neighborhood of origin and regardless of the neighborhood into which they want to move.

Amenities
  • Security cameras
  • Accessible entrance
  • Smoke-free building
Building Features
  • Washers and dryers in units
  • Outdoor terrace

Income Levels & Rent

Income and rent limits are set by government agencies and depend on household size.

90% AMI Units Available

Income and price limits by unit type and household size (90% AMI)
BedroomsTotal UnitsHousehold Size1Total Annual Income2
Minimum Maximum
Asset Limit3
($283,500+ required down payment amount)
Monthly MaintenanceEstimated Prices
1 bedroom11 Person$82,030 - $106,920$308,670.80$739$251,708
2 Person$82,030 - $122,130$308,670.80$739$251,708
3 Person$82,030 - $137,430$308,670.80$739$251,708

110% AMI Units Available

Income and price limits by unit type and household size (110% AMI)
BedroomsTotal UnitsHousehold Size1Total Annual Income2
Minimum Maximum
Asset Limit3
($283,500+ required down payment amount)
Monthly MaintenanceEstimated Prices
2 bedrooms122 Person$109,990 - $149,270$319,712.90–$326,229.70$898–$992$362,129–$427,297
3 Person$109,990 - $167,970$319,712.90–$326,229.70$898–$992$362,129–$427,297
4 Person$109,990 - $186,560$319,712.90–$326,229.70$898–$992$362,129–$427,297
5 Person$109,990 - $201,520$319,712.90–$326,229.70$898–$992$362,129–$427,297

130% AMI Units Available

Income and price limits by unit type and household size (130% AMI)
BedroomsTotal UnitsHousehold Size1Total Annual Income2
Minimum Maximum
Asset Limit3
($283,500+ required down payment amount)
Monthly MaintenanceEstimated Prices
1 bedroom51 Person$102,425 - $141,310$318,492.10–$321,646.10$746–$801$358,882–$396,615
2 Person$102,425 - $161,590$318,492.10–$321,646.10$746–$801$358,882–$396,615
3 Person$102,425 - $181,740$318,492.10–$321,646.10$746–$801$358,882–$396,615
2 bedrooms42 Person$128,327 - $168,480$326,496.40–$328,103.10$898–$992$443,430–$487,000
3 Person$128,327 - $189,540$326,496.40–$328,103.10$898–$992$443,430–$487,000
4 Person$128,327 - $210,600$326,496.40–$328,103.10$898–$992$443,430–$487,000
5 Person$128,327 - $227,448$326,496.40–$328,103.10$898–$992$443,430–$487,000

1 Subject to occupancy criteria.

2 Income guidelines subject to change; larger down payments may allow for lower minimum incomes.

3 Asset limit subject to change.

4 Prospective owner is responsible for electric heating/cooling and electric stove.

Next Steps

Applications are logged in the order in which they are received. Applicants who appear to qualify will be contacted to submit documents that verify their household size, identity of members of the household and household income.

Property Overview

Borough

brooklyn

Neighborhood

Bed-Stuy

AMI Level

90%110%130%

Address

20 Suydam Place, 37 Rochester Avenue, 331 and 335 Ralph Avenue, Brooklyn, NY 11233

Transit

AC34JZ

Bus: M55, M7, M20