Program Overview
If your combined household income is between $34,731 and $62,120 you could qualify to lease a rent-stabilized apartment at one of Fetner’s high-rise luxury buildings. Eligible applicants will be selected on a first-come, first-served basis. The development was financed by The Low Income Housing Tax Credit Program under New York State Housing Finance Agency (NYSHFA).*
Interested in living here? Click below to download an application. Please return your application by November 8, 2024.
*Rent stabilized tenants are protected from large rent increases. See FAQ for additional information.
minimum-maximum
Apartment
Type
monthly rent1
Household Size2
Gross Combined Household
Annual Income3&4
Studio
$1,013
1 Person
$34,731 – $43,480
1 Bed
$1,081
1 Person
2 PERSONS
$37,063 – $43,480
$37,063 – $49,720
2 Bed
$1,289
2 PERSONS
3 persons
4 persons
$44,194 – $49,720
$44,194 – $55,920
$44,194 – $62,120
Studio
Apartment
1 Person 2
$859
monthly rent1
$25,303 - $37,360
gross combined annual hosehold income3
1 Bed
Apartment
1 Person 2
$917
monthly rent1
$26,914 - $37,360
gross combined annual hosehold income3
2 Person 2
$26,914 - $42,720
gross combined annual hosehold income3
2 Bed
Apartment
1 Person 2
$1,091
monthly rent1
$32,057 - $42,720
gross combined annual hosehold income3
2 Person 2
$32,057 - $48,040
gross combined annual hosehold income3
3 Person 2
$32,057 - $53,360
gross combined annual hosehold income3
1 Includes gas for cooking. Subject to occupancy criteria.
2 Household size includes everyone who will live with you, including parents and children.
3 Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change. Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies.
Our Communities
The Perfect Place For You
Fetner brings you reputable apartment living in New York City through service with a personal touch.
If your idea of home is a luxury apartment in Midtown, Fetner has just what you’re looking for.
With a unique pet-friendly apartment building in one of the most desirable locations in Manhattan, you can find the rental custom-tailored to your needs.
*The property is located at 125 West 31st Street in Manhattan.
24-Hour Concierge
Fitness Center
Resident Lounge
Pet Friendly
Outdoor Terrace
The Epic
It’s All Right Here
With absolutely everything you could ever desire from New York City living right at your fingertips, NoMad is your convenient, trendy sanctuary in the center of it all.
Find yourself in a luxury apartment where the way you like to live comes alive.
Amenities:
- Residents’ lounge*
- State-of-the-art fitness center*
- Indoor basketball court*
- 3,200-square-foot landscaped terraces
- 24-hour attended lobby
- Pet-friendly
*Membership fees applicable
125 West 31st St, New York, NY, 10001
FAQ's
At Fetner Properties, we don’t just build apartments, we build communities and our mission is to ensure that our residents feel welcome and comfortable in their homes. We value diversity, encourage relationships among our residents and strive to provide a home to fit your lifestyle.
Applicants are invited to sign up now to receive a notice when the lottery is open.
Only qualified applicants will be eligible to lease rent stabilized units.
Q. What are the steps to apply?
A. You can apply by downloading an application or sending a self-addressed envelope to: Epic Affordable Operator, LLC FDR Station P. O. Box 69 New York, NY 10150
Q. What if I don’t have access to a printer to download the application from the site?
A. We will mail you an application when you send a self-addressed envelope to Epic Affordable Operator, LLC FDR Station P. O. Box 69 New York, NY 10150 or by calling 212-257-6857.
Q. Who should apply?
A. Everyone who is within the income brackets! If your household income and size are within $34,731- $62,120 you could qualify.
Q. WHAT IS A HOUSEHOLD?
A. A household is everyone who will be living with you in the apartment, including parents and children.
Q. ARE THERE AMENITIES IN THE BUILDING INCLUDING A FITNESS CENTER AND LOUNGE?
A. Yes. You will be able to enjoy the fitness center and lounge for an additional membership fee.
Q. WHAT DOCUMENTS WILL I NEED IF I’M SELECTED?
A. Be prepared to present copies of recent years’ federal tax returns, recent pay stubs and copies of financial statements.
Q. WHAT INCOME SOURCES ARE CONSIDERED IN DETERMINING ELIGIBILITY?
A. Household earnings include salary, hourly wages, tips, Social Security, Child Support, Unemployment and other earned and unearned sources.
Q. HOW LONG WILL THE APPLICATION PROCESS TAKE?
A. The length of time depends on a number of factors. Some of the factors affecting the processing time are the total number of applications received and when your application is received.
Q. WHEN CAN I MOVE INTO THE APARTMENT?
A. The waiting list is currently open to fill vacant studio and 1 bedroom apartments and for future vacancies as they become available.
Q. DO I HAVE TO PAY A BROKER FEE?
A. No. Broker’s fees or application fees are not permitted for these apartments.
Q. WHY DO I HAVE TO PROVIDE SUCH DETAILED INFORMATION ABOUT MY FINANCES?
A. It is important that apartments be rented to residents who qualify under the program. In order to ensure fairness to all applicants, the owner needs to certify that an applicant’s income falls within the income guidelines. All information is confidential and will be treated with the utmost discretion. It will only be used to determine eligibility and will not be shared with anyone.
