2721 Colden Avenue, Allerton: 13 Affordable Apartments on Housing Connect, From $1,546 a Month
Quick answer2721 Colden Avenue is a new 8-story building with 43 apartments in Allerton, the Bronx, near Williamsbridge. NYC Housing Connect advertised 13 of them at 80% AMI: two studios at $1,546, eight one-bedrooms at $1,620 and three two-bedrooms at $1,881 a month. Applications were due January 14, 2026. Every rent is under the 2026 CityFHEPS maximum for its size. As of October 23, 2026, VoucherMatch found no open application or waiting list.
Last checked: October 23, 2026, against the Housing Connect listing for lottery 7351, its rent table and Housing Connect's open-lottery search, each read at the start and end of the day's work; the Housing Connect FAQ; HPD's Inclusionary Housing page, 485-x page, re-rental page and guide Applying for Affordable Housing; CityFHEPS form DSS-8r; Department of Buildings job filings (new building job 210181569), DOB NOW filings and certificates of occupancy; HPD's production data (project 70368); the City's lottery data; PLUTO; ACRIS records for Bronx block 4516, lot 46; HUD's Small Area Fair Market Rents; the MTA's station data; and reports by New York YIMBY (June 2020 and December 2025) and the Bronx Times. How VoucherMatch reports these guides and corrects errors: how we report.
- 13apartments in the Housing Connect lottery, all at 80% AMI
- 43apartments in the building, in city records
- $1,546the lowest rent, for a studio
- $1,881the highest rent, for a two-bedroom
- January 14, 2026the application deadline
- September 16, 2026the final certificate of occupancy
Source: Housing Connect listing for lottery 7351, read October 23, 2026; Department of Buildings job 210181569 and its certificate of occupancy records.
- Area median income (AMI)The middle income for the area, adjusted for household size. A lottery apartment "at 60% AMI" is for households earning up to about 60% of it. The agency's income chart turns each level into dollar limits.
- Lottery (NYC Housing Connect)Every complete application gets a random log number. The marketing agent works through applications in log-number order within each preference group, so applying early does not help.
- Minimum incomeThe lowest yearly income the listing accepts for an apartment, so the rent is not too large a share of income. Housing Connect does not apply it to households with a voucher or rental subsidy.
- Marketing agentThe company the building hires to run its lottery and check applicants' papers.
- Housing Choice Voucher (Section 8)Rental help run by a housing authority. You find a home, and the agency checks the unit, rent and your household before it approves payment.
- CityFHEPS (New York City)The City Fighting Homelessness and Eviction Prevention Supplement: a City-funded rent supplement that the Department of Social Services (DSS) pays straight to the landlord.
- Payment standard (the CityFHEPS maximum in this report)An amount the agency uses to work out housing assistance for a unit size and area. It does not mean that any home at that rent will be approved.
- Utility allowanceThe agency's estimate of the cost of utilities you must pay. It is not a promise to pay your actual bills.
- FMR and SAFMRHUD rent estimates for an area (Fair Market Rent) or ZIP code (Small Area Fair Market Rent). They include rent and most tenant-paid utilities. Your agency may use a different payment standard.
- Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.

What Was Built at 2721 Colden Avenue
2721 Colden Avenue is a new 8-story building with 43 apartments and shop space. It replaced a one-story building.
- Names: the lottery is "2721 Colden Avenue Apartments". HPD's data names the project "2721 COLDEN AVE_MIH70356".
- Permit: Department of Buildings job 210181569 is a new building of 8 stories and 75 feet, with 43 dwelling units. The job was signed off September 16, 2026.
- Certificates of occupancy: the first, for 43 dwelling units, was issued July 31, 2025. The final one followed September 16, 2026.
- Owner: the filings, PLUTO and the 2015 deed name 2712 Radcliff Yates Realty LLC. The new building filing spells it "REALITY".
- Architect: the filings name a registered architect as applicant. YIMBY wrote that the building was "Designed by OCV Architects and developed by J. Pilla Group".
- Before construction: job 220740296 was a "COMPLETE DEMOLITION OF THE EXISTING STRUCTURE", one story and 14 feet tall. It was signed off December 28, 2021.
- January 2, 20152712 Radcliff Yates Realty LLC buys the lot for $850,000.
- August 6, 2021the demolition job is filed. It is signed off December 28, 2021.
- April 26, 2022a $13,355,000 mortgage is signed, and HPD's project starts.
- July 31, 2025the first certificate of occupancy.
- December 15, 2025the Housing Connect lottery opens.
- January 14, 2026applications are due.
- June 11, 2026HPD's project completion date.
- September 16, 2026the final certificate of occupancy.
What it means: all 43 apartments had a certificate before the lottery opened.
Source: DOB jobs 210181569 and 220740296 and the certificate records; ACRIS; HPD project 70368; the City's lottery data.
- Floor area45,639 square feet in the DOB NOW filings and in YIMBY's 2020 report. The signed-off new building record says 45,629. PLUTO says 41,358.
- Shop spaceYIMBY wrote 3,627 square feet "for commercial space". PLUTO lists 8,502 square feet of commercial area.
- UnitsPLUTO counts 46 units in all, 43 of them homes.
- Neighborhoodthe listing says "Williamsbridge". The filings, the certificates and YIMBY say Allerton.
What it means: YIMBY's 2020 figures describe the plans as filed.
Source: the records and reports named.
The Two Programs the Listing Names
The listing says: "This building is being constructed through the Inclusionary Housing Program and is anticipating to receive a Tax Exemption through the 458-X Tax Incentive Program". HPD's program is named 485-x. No record opened shows the exemption was granted.
- Mandatory Inclusionary HousingHPD's page says it "requires a share of new housing in medium- and high-density areas that are rezoned to promote new housing production" to be "permanently affordable". The building filing lists the special district "MIH".
- 485-xHPD's page says it was adopted "to provide a real property tax exemption for the construction of new Multiple Dwellings and Eligible Conversions, except for hotels."
- 485-x rental optionsOption A, 100 or more apartments: "25% of the units must be Affordable Housing Units at an average of 80% Area Median Income (AMI)". Option B, 6 to 99 apartments: "20% of the units must be Affordable Housing Units at an average of 80% AMI". Option C, 6 to 10 apartments: "At least half of the units must be rent stabilized."
- Not statedthe listing names no MIH option and no 485-x option. No record opened says which ones apply.
What it means: HPD's 485-x page says "All Affordable Housing Units will be permanently affordable".
Source: HPD's Inclusionary Housing and 485-x pages, read October 23, 2026; DOB job 210181569.
Where 2721 Colden Avenue Is
The building is in Allerton, the Bronx, in ZIP code 10469. It is in Bronx Community District 11 and City Council District 13.
- The blockYIMBY wrote that the lot is "Located between Allerton Avenue and Arnow Avenue".
- The lotBronx block 4516, lot 46, 8,700 square feet, zoned R7A with a C2-3 overlay in PLUTO.
- On VoucherMatchthe site files ZIP code 10469 under Baychester and Eastchester. It has no Allerton page.
What it means: apartments near the building are on the page for voucher apartments in ZIP 10469.
Source: the records and reports named.

| Station | Lines | Distance | Accessible |
|---|---|---|---|
| Allerton Av | 2, 5 | about 0.40 miles | No |
| Burke Av | 2, 5 | about 0.52 miles | No |
| Pelham Pkwy (Dyre Av line) | 5 | about 0.55 miles | No |
| Gun Hill Rd (Dyre Av line) | 5 | about 0.73 miles | Yes |
| Pelham Pkwy (White Plains Rd line) | 2, 5 | about 0.75 miles | Yes |
| Morris Park | 5 | about 0.82 miles | No |
What it means: the nearest station listed as accessible is about three quarters of a mile away.
Source: the MTA's station data, "Accessible" from its ADA field; straight-line distances by VoucherMatch from the listing's map point, so the walk is longer.

- Buses, per the listing: the nearest stops it names are Allerton Ave/Laconia Av, about 0.24 miles away, and Williamsbridge Rd/Mace Av, about 0.25 miles.
- Along the lines: see apartments near the 2 train and the 5 train.

13 Apartments in the Lottery at 80% AMI
All 13 lottery apartments are at 80% AMI. Eight are one-bedrooms.
View the data table
| Apartment size | Apartments |
|---|---|
| Studio | 2 |
| One-bedroom | 8 |
| Two-bedroom | 3 |
What it means: HPD's production data and the City's lottery data give the same 13 apartments and the same mix.
Source: Housing Connect listing for lottery 7351, counted by VoucherMatch from its 13 unit rows, read October 23, 2026.
Rents and Income Ranges in the Housing Connect Listing for 2721 Colden Avenue
The 13 apartments rent for $1,546 to $1,881 a month. The lowest minimum income is $59,452 a year, and the highest maximum is $146,560.
| Apartment | Rent | Apartments | People |
|---|---|---|---|
| Studio, 80% AMI | $1,546 | 2 | 1 or 2 |
| One-bedroom, 80% AMI | $1,620 | 8 | 1 to 3 |
| Two-bedroom, 80% AMI | $1,881 | 3 | 2 to 5 |
What it means: a household of four or five fits only the two-bedrooms.
Source: Housing Connect listing for lottery 7351, read October 23, 2026.
| Household size | Studio | One-bedroom | Two-bedroom |
|---|---|---|---|
| 1 person | $59,452 to $95,040 | $64,183 to $95,040 | not listed |
| 2 people | $59,452 to $108,560 | $64,183 to $108,560 | $78,069 to $108,560 |
| 3 people | not listed | $64,183 to $122,160 | $78,069 to $122,160 |
| 4 people | not listed | not listed | $78,069 to $135,680 |
| 5 people | not listed | not listed | $78,069 to $146,560 |
What it means: income has to be inside the range for the household's size and the apartment.
Source: the same listing, yearly income before taxes.
- Under $59,452below every minimum, unless the household has a voucher or rental subsidy.
- One person$59,452 to $64,182 reaches the studios only. From $64,183 to $95,040, studios and one-bedrooms.
- Two people$59,452 to $64,182 reaches the studios. From $64,183 one-bedrooms are added, and from $78,069 to $108,560 two-bedrooms too.
- Three people$64,183 to $78,068 reaches the one-bedrooms only.
- Four or five peopleincome under $78,069 reaches no apartment.
- Assetsthe rent table lists a limit of $135,680 for every apartment.
What it means: the FAQ sets the asset limit at "the maximum income limit for a four (4)-person household" at the apartment's AMI level.
Source: VoucherMatch's arithmetic from the listing's incomes; asset limit from the listing's rent table.
- IncomesYIMBY and the Bronx Times printed $59,315 to $140,000. The listing read October 23, 2026 shows $59,452 to $146,560.
- Asset limitthe Bronx Times wrote $129,600. The rent table today says $135,680.
- Income levelYIMBY wrote "80 percent of the area median income" and, later in the same report, "At 130 percent of the AMI". The listing says 80% AMI.
- Apartment countthe Bronx Times headline says 13 units, but its text says "11 units" and "32 being at market rate". The listing, YIMBY and HPD's data give 13.
What it means: the rents match in all three. This report uses the listing as read today.
Source: New York YIMBY, December 20, 2025; Bronx Times, December 23, 2025; the listing.
Which Rents a CityFHEPS or Section 8 Voucher Reaches
All three rents are well under the 2026 CityFHEPS maximum for their size. They stay under it after utility allowances for electricity, cooking, heat and hot water are taken off.
This was a city lottery on NYC Housing Connect, run under HPD. The FAQ says: "Minimum income requirements do not apply if you have a voucher or a rental subsidy. However, rent should be within maximum limits allowed by your voucher or rental assistance program."
View the data table
| Apartment | Lottery rent | CityFHEPS maximum | Maximum less utility allowances |
|---|---|---|---|
| Studio | $1,546 | $2,604 | $2,404 |
| One-bedroom | $1,620 | $2,734 | $2,502 |
| Two-bedroom | $1,881 | $2,997 | $2,692 |
What it means: even the two-bedroom is $811 under the reduced amount.
Source: rents from the Housing Connect listing; maximums from DSS-8r, effective April 1, 2026, which gives them "if all utilities are included in the lease"; the last column is VoucherMatch's arithmetic, taking off the DSS-8r "Electric with Cooking Range" and "Total (Electric Heat & Hot Water)" allowances.
Key pointthe listing says "Tenants are responsible for electricity, including stove, hot water, and heat." So this report took off "Electric with Cooking Range" ($111, $126, $167) and "Total (Electric Heat & Hot Water)" ($89, $106, $138), studio to two-bedroom.
- Studio, $1,546$1,058 under the maximum, and $858 under it after allowances.
- One-bedroom, $1,620$1,114 under, and $882 after allowances.
- Two-bedroom, $1,881$1,116 under, and $811 after allowances.
- Credit checkthe FAQ says "Applicants qualifying with rental subsidy are not subject to a credit check or review of rental history."
What it means: DSS decides the amount for a household. Ask your caseworker before you sign anything.
Source: DSS-8r; Housing Connect listing and FAQ; differences by VoucherMatch.
- Section 8: NYCHA and HPD set their own limits. See the New York City Housing Authority page and Section 8 payment standards in NYC for 2026.
- Utilities and vouchers: read how the Section 8 utility allowance works and CityFHEPS vs Section 8.
How the Rents Compare With HUD's Figure for ZIP Code 10469
All three lottery rents are far below HUD's estimate for their size in ZIP code 10469. The gaps run from $964 to $1,030 a month.
View the data table
| Apartment | Lottery rent | HUD fair market rent, ZIP 10469 |
|---|---|---|
| Studio | $1,546 | $2,510 |
| One-bedroom | $1,620 | $2,650 |
| Two-bedroom | $1,881 | $2,880 |
What it means: the lottery rents leave out electricity, which here covers heat and hot water, so a tenant's full cost is closer to HUD's figure than the rent alone.
Source: rents from the Housing Connect listing; HUD's Small Area Fair Market Rents for fiscal year 2027, in effect since October 1, 2026, which include most utilities.
How 2721 Colden Avenue Was Financed
Property records show a $13,355,000 mortgage from Orange Bank & Trust Company in 2022. An agreement between the bank and the City of New York is dated the same day.
| Date | Document | Parties | Amount |
|---|---|---|---|
| January 2, 2015 | Deed | 2712 Williamsbridge Realty Corp. to 2712 Radcliff Yates Realty LLC | $850,000 |
| April 26, 2022 | Mortgage, and an assignment of leases and rents | 2712 Radcliff Yates Realty LLC to Orange Bank & Trust Company | $13,355,000 |
| April 26, 2022 | Agreement | Orange Bank & Trust Company and the City of New York | none listed |
| June 2, 2022 | Certificate and zoning lot description | the owner and a title agency | none listed |
What it means: the index shows the parties and amounts, not the terms.
Source: ACRIS, Bronx block 4516, lot 46.
Preferences, Building Features and Fees at 2721 Colden Avenue
The listing set aside apartments for people with disabilities and gave preference to Bronx Community Board 11 residents and to City workers and veterans. Tenants pay for electricity, which covers the stove, hot water and heat.
- Mobilitya 5% set-aside for households with a mobility disability.
- Vision/Hearinga 2% set-aside.
- Community Board Resident (Bronx CB 11)20%.
- Municipal Employee/ Military Veteran10%.
- The FAQ's rulethe community preference applies "For developments financed by the City". It "does not apply to developments that do not receive City financing, e.g., those that only receive a tax exemption."
What it means: the listing includes the community preference, but no record opened names City financing. Ask HPD's hotline how it applied here.
Source: Housing Connect listing for lottery 7351, matched by the City's lottery data; Housing Connect FAQ.

- Listed on Housing Connectair-conditioning, high-speed internet, cable or satellite TV, security cameras, gated access, package lockers, a digital doorman, an elevator and an accessible entrance. The building is listed as smoke-free.
- Tenant pays"electricity, including stove, hot water, and heat."
- Pets"One pet is allowed per household. Pets must weigh under 25 lbs.; certain breed restrictions apply."
- Fees to applythe listing's field for deposits or application fees is set to no.
- Not statedapartment sizes, bathrooms, which breeds are restricted, and whether internet or TV costs extra.
What it means: the listing names no building website of its own.
Source: Housing Connect listing.
Watch outall eight listing photos, checked October 23, 2026, carry a large "Global Realty Development" logo across the middle. No building record opened names that company, so VoucherMatch left every listing photo out. The pictures in this report show the area, not the building.
What Happens After the Housing Connect Lottery for 2721 Colden Avenue
Applications for the 13 apartments were due January 14, 2026. On the City's lottery data, last updated October 5, 2026, the lottery's status is "Tenant Selection".
- 1Log numbers"Within a few weeks after the lottery application deadline, Housing Connect randomly assigns log numbers".
- 2Review"The developer reviews them in log number order (starting with those who meet preference categories) and contacts applicants."
- 3Documents"If your log number comes up, the developer will contact you to submit documents."
- 4TimingHPD's guide says "It may take 2 to 12 months for applications to be processed."
What it means: the guide also warns "you will only have a few business days to submit your documents". The lottery data does not say how many apartments are leased.
Source: step one from the Housing Connect FAQ; steps two to four from HPD's guide Applying for Affordable Housing.
- ID for every adult. the FAQ accepts "drivers’ licenses, non-driver state ID cards, and IDNYC cards"
- Children under 18. "Birth certificates or other forms of documentation like a school letter"
- Income, address and assets. "pay stubs, tax returns, proof of address, and asset documentation"
What it means: the request for documents lists the exact papers.
Source: Housing Connect FAQ.
Check before you payapplying through NYC Housing Connect is free. Its FAQ says "There is no fee to apply for housing using Housing Connect"; a marketing agent may charge a credit or background check fee of no more than $20 per household. No payment app, wire or gift card buys a place in a lottery, and no one should charge you to see or hold an apartment. Apply only at housingconnect.nyc.gov or by mail to the address in the official listing.
- Housing Connectlottery 7351 was not among the 23 rentals in the open-lottery search, at the start or end of the day, and no newer listing for the building was. New lotteries are posted at housingconnect.nyc.gov.
- Re-rentalsthe FAQ says vacant units "may be made available for applicants outside of Housing Connect". HPD's re-rental page lists Affordable for New York among the companies to contact.
- Marketing agentthe listing's "Apply by Mail" section says "To request an application by mail, send a self-addressed envelope to:" 2721 Colden Ave, C/O Affordable for NY, 365 Flushing Avenue, Suite 505, Brooklyn, NY 11205.
- Postmarkthe listing gives no return address or postmark rule. YIMBY and the Bronx Times wrote that applications had to be "postmarked or submitted online" by January 14, 2026.
What it means: as of October 23, 2026, VoucherMatch found no open application or waiting list for these apartments.
Source: Housing Connect's open-lottery search and borough count (4 Bronx rentals); the City's lottery data; HPD's re-rental page; the listing; YIMBY and the Bronx Times.
What Is Known and Not Yet Known About 2721 Colden Avenue
The rents, incomes and deadline are published. How many apartments are leased is not.
- Not publishedhow many lottery apartments have been offered or leased, and whether the building keeps a waiting list.
- Not confirmedwhich program options apply, whether the tax exemption was granted, and how the 30 other apartments are rented.
- Whom to askthe Housing Connect hotline, 212-863-7990, "from 9am to 5pm on weekdays", or nychousingconnect@hpd.nyc.gov.
What it means: 43 apartments less 13 in the lottery leaves 30, by VoucherMatch's count. Check each line again before acting on it.
Source: Housing Connect listing and FAQ; city records named above.
If You Need an Apartment Now
No waiting list is posted, so look at other buildings.
- Open in the Bronx now: Housing Connect's search listed 1677 Eastburn Avenue, due October 29, 2026; 3180 Villa Avenue, due October 30, 2026; and One River Park, 355 Exterior Street, due November 6, 2026.
3 bedrooms, $3,700 a monthBronxAccepts Section 8 (HCV) · VASH · EHV
2 bedrooms, $2,593 a monthBronxAccepts HASA · NYCHA
3 bedrooms, $3,600 a monthWakefield, BronxAccepts FHEPS
Listed by landlords who say which vouchers they accept. These are separate from the lottery. See all Bronx listings
- Voucher in hand: browse Section 8 apartments in the Bronx, CityFHEPS apartments in the Bronx and one-bedroom voucher apartments in the Bronx.
- No voucher yet: read how to get a housing voucher in NYC, or see low-income apartments in New York City.
Frequently Asked Questions
Was 2721 Colden Avenue on NYC Housing Connect?
Yes. 2721 Colden Avenue was lottery 7351 on NYC Housing Connect, named "2721 Colden Avenue Apartments". It offered 13 apartments at 80% AMI, from $1,546 to $1,881 a month. Applications were due January 14, 2026. As of October 23, 2026, it was not in the open-lottery search, and no waiting list was posted.
What is the rent at 2721 Colden Avenue?
The lottery rents are $1,546 for a studio, $1,620 for a one-bedroom and $1,881 for a two-bedroom, each a month. Tenants also pay for electricity, which covers the stove, hot water and heat. One pet under 25 pounds is allowed per household, and certain breeds are restricted.
How much do you have to earn for 2721 Colden Avenue?
From $59,452 a year for a studio, $64,183 for a one-bedroom and $78,069 for a two-bedroom. The top limit runs from $95,040 for one person to $146,560 for five people. With a voucher or rental subsidy, the Housing Connect FAQ says the minimum income does not apply.
Does 2721 Colden Avenue take Section 8 or CityFHEPS?
Housing Connect accepts both, and every rent here is under the 2026 CityFHEPS maximum for its size. After allowances for electricity, cooking, heat and hot water, the studio is $858 under and the two-bedroom $811 under. DSS and the housing authority decide the final amount, so ask them before you sign a lease.
Is 2721 Colden Avenue in Allerton or Williamsbridge?
Both names are used. The listing and the Bronx Times say Williamsbridge. The Department of Buildings filings, the certificates of occupancy and YIMBY say Allerton. The building is in ZIP code 10469 and Bronx Community District 11. VoucherMatch's own pages file that ZIP code under Baychester and Eastchester.
Are the rents at 2721 Colden Avenue below market?
Yes, well below HUD's figures. HUD's fiscal year 2027 figures for ZIP code 10469 are $2,510 for a studio, $2,650 for a one-bedroom and $2,880 for a two-bedroom. The lottery rents are $964, $1,030 and $999 under. HUD's figures include most utilities; these rents leave out electricity, heat and hot water.
Who owns and built 2721 Colden Avenue?
City records name 2712 Radcliff Yates Realty LLC as owner. It bought the lot for $850,000 in 2015. YIMBY wrote that OCV Architects designed the building and that J. Pilla Group developed it. The lottery's marketing agent was Affordable for NY, at 365 Flushing Avenue in Brooklyn.
Sources for this article (21)
- Housing Connect listing for lottery 7351 (housingconnect.nyc.gov)
- open-lottery search (housingconnect.nyc.gov)
- Housing Connect FAQ (housingconnect.nyc.gov)
- Inclusionary Housing page (nyc.gov)
- 485-x page (nyc.gov)
- re-rental page (nyc.gov)
- Applying for Affordable Housing (nyc.gov)
- DSS-8r (nyc.gov)
- job filings (data.cityofnewyork.us)
- DOB NOW filings (data.cityofnewyork.us)
- certificates of occupancy (data.cityofnewyork.us)
- production data (data.cityofnewyork.us)
- lottery data (data.cityofnewyork.us)
- PLUTO (data.cityofnewyork.us)
- ACRIS (a836-acris.nyc.gov)
- Small Area Fair Market Rents (huduser.gov)
- station data (data.ny.gov)
- June 2020 (newyorkyimby.com)
- December 2025 (newyorkyimby.com)
- Bronx Times (bxtimes.com)
- housingconnect.nyc.gov (housingconnect.nyc.gov)
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