Skip to page content

492 Thomas S Boyland Street in Brownsville: 18 Affordable Apartments on Housing Connect, From $1,770 a Month

22 min readBy VoucherMatch Editorial Team
Quick answerAs of October 18, 2026, NYC Housing Connect lists lottery 7654, "492 Thomas S Boyland Street Apartments," in Brownsville, Brooklyn. It has 18 apartments, all at 80% AMI: one studio at $1,770 a month, eleven one-bedrooms at $2,198 and six two-bedrooms at $2,542. Applications are not open yet. The listing has no deadline. With a voucher, the minimum income does not apply, and every rent is under the 2026 CityFHEPS maximum.

Last checked: October 18, 2026, against the Housing Connect listing for lottery 7654, read twice that day, and Housing Connect's open-lottery search, which did not list it either time; the Housing Connect FAQ; HPD's 485-x page and guide Applying for Affordable Housing; CityFHEPS form DSS-8r (dated October 14, 2026); Department of Buildings filings (job B00716440), BIS jobs and certificates of occupancy; HPD's Affordable Housing Production by Building data; PLUTO; ACRIS records for Brooklyn block 3518; City Planning's GeoSearch; HUD's Small Area Fair Market Rents; and the MTA's station data. The listing sets the rules; confirm there before you apply. How VoucherMatch reports these guides and corrects errors: how we report.

492 Thomas S Boyland Street in numbers
  • 18apartments on Housing Connect
  • 87apartments in the building, per its certificate of occupancy
  • $1,770the rent for the one studio
  • $2,542the highest rent, for each of six two-bedrooms
  • 6stories in the building permit
  • Not openno deadline posted as of October 18, 2026
Words used in this report
  • 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.
  • Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.
  • 485-xA property tax break for new apartment buildings in New York City, run by HPD. HPD's page says "All Affordable Housing Units will be permanently affordable."
  • 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 standardAn 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.
  • 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.
Photograph of a long six-story apartment building under a clear blue sky, with a dark patterned brick ground floor, five upper floors of pale gray and dark gray panels with rows of dark windows and wall air-conditioner grilles, a blue entrance door, young street trees, and parked cars along a street with a double yellow line, shown at its original size on a plain light background
492 Thomas S Boyland Street in a photograph from the Housing Connect listing for lottery 7654. It shows the finished six-story building from across the street. Photo: NYC Housing Connect listing for lottery 7654, lottery listing photograph, via NYC Housing Connect, 492 Thomas S Boyland Street Apartments (lottery 7654) (set at original size on a plain background).

What Was Built at 492 Thomas S Boyland Street

492 Thomas S Boyland Street is a new six-story building with 87 apartments. The City issued its certificate of occupancy on July 29, 2026.

  • Permit: job B00716440 was filed June 21, 2022. It reads "PROPOSED 6 STORY RESIDENTIAL BUILDING TOTAL OF 87 DWELLING UNITS."
  • Size: 6 stories, 64 feet and 87 dwelling units, with 69,678 square feet of construction floor area.
  • Owner: the permit names BBM Construction Corp. PLUTO and the 2022 deed name Thomboy Facilities LLC.
  • Plans: filed by Jay Architect & Engineering DPC under a professional engineer's license. No record opened names an architect or a developer by role.
  • Certificate: issued July 29, 2026, for 87 dwelling units. The City's data lists it as an "Initial" certificate, not a "Final" one.
Two photographs side by side: at left, a lobby with beige stone-look walls, black mailboxes, black metal railings, a few steps up and an illuminated sign reading 492; at right, the same lobby looking toward a glass entrance door with an exit sign, brown stone panels and mailboxes on the right wall
The lobby of 492 Thomas S Boyland Street, with the building number on the wall, in photographs from the Housing Connect listing for lottery 7654. Photo: NYC Housing Connect listing for lottery 7654, lottery listing photograph, via NYC Housing Connect, 492 Thomas S Boyland Street Apartments (lottery 7654) (two photographs set side by side at original size on a plain background, the black side bars built into each listing file left off).
Where the records disagree
QuestionOne recordAnother record
AddressListing, permit and certificate: 492 Thomas S Boyland StreetPLUTO: 482 Thomas S Boyland; an older filing: 486
OwnerPermit: BBM Construction Corp.PLUTO and ACRIS: Thomboy Facilities LLC
Street frontPLUTO: about 163 feetA 2022 pavement filing: "TOTAL STREET FRONTAGE 200'"

What it means: all of these records point to one lot, Brooklyn block 3518, lot 46. GeoSearch finds 482, 486 and 492 Thomas S Boyland Street on that lot.

Source: Department of Buildings job B00716440, BIS job 340857585 and certificate CO-000097916; PLUTO; ACRIS; GeoSearch.

492 Thomas S Boyland Street, from a vacant lot to Housing Connect
  • March 11, 2022a deed moves the lot from Urban-Scape LLC to Thomboy Facilities LLC. It is recorded September 30, 2022.
  • June 21, 2022the six-story, 87-apartment building is filed.
  • October 28, 2022the plan is approved.
  • February 2025a zoning lot description and a certificate are recorded for the lot.
  • August 26, 2025the job's first permit date in the City's data. Two mortgages with Popular Bank are signed the same day.
  • July 29, 2026the certificate of occupancy is issued for 87 apartments.
  • October 18, 2026Housing Connect lists 18 apartments with rents and no deadline.

What it means: PLUTO's 26v2 data still lists the lot's land use as vacant. A change to the plans was approved October 14, 2026.

Source: Department of Buildings job B00716440; certificate of occupancy data; ACRIS.

What 485-x and "ANNY" Mean for These 18 Apartments

The listing's short description reads "(18) 485X ANNY units at 80% AMI." ANNY is HPD's own short name for the 485-x program.

The program, in HPD's words
  • The nameHPD's page says the law "adopted the Affordable Neighborhoods for New Yorkers Tax Incentive program (“ANNY Program Benefits”)."
  • What it is"a real property tax exemption for the construction of new Multiple Dwellings and Eligible Conversions, except for hotels."
  • How long"All Affordable Housing Units will be permanently affordable."
  • Same buildingthe apartments "must share the same common entrances and common areas as the market rate units."
  • Before a listingprojects send "the Notice of Intent to begin marketing to HPD Marketing" after HPD approves their workbook.
The 485-x rental options on HPD's page
OptionBuilding sizeWhat HPD's page requires
A100 or more apartments"25% of the units must be Affordable Housing Units at an average of 80% Area Median Income (AMI)"
B6 to 99 apartments"20% of the units must be Affordable Housing Units at an average of 80% AMI"
C6 to 10 apartments"At least half of the units must be rent stabilized."

What it means: no record opened names the option this building chose. The listing does not name the Universal Affordability Preference or any other program.

Source: HPD's 485-x page, read October 18, 2026.

Where 492 Thomas S Boyland Street Is

The building is in Brownsville, Brooklyn, in ZIP code 11212. It is on the block numbered 3518 by the City, lot 46.

What the records call the area
  • Department of Buildings"Brownsville," its neighborhood tag on the permit and the certificate.
  • City Planning's GeoSearchBrownsville, for 482, 486 and 492 Thomas S Boyland Street.
  • VoucherMatch's ZIP data11212 covers Brownsville and Ocean Hill. No record opened places this lot in Ocean Hill.
  • The listingno neighborhood name. It has no description text at all.
Record492 Thomas S Boyland Street
Block and lotBrooklyn block 3518, lot 46
Lot size19,673 square feet
ZoningR6 and C4-3 (a split lot)
Community boardBrooklyn 16
City Council district41
ZIP code11212

What it means: the lot is 100 feet deep, per PLUTO. See voucher apartments in ZIP code 11212 and Section 8 apartments in Brownsville.

Source: PLUTO; Department of Buildings data. The ZIP code is the same in the listing, the permit, the certificate, PLUTO and GeoSearch.

Rents and Income Ranges for 492 Thomas S Boyland Street on Housing Connect

The listing has three rents, from $1,770 to $2,542 a month. The lowest income it accepts without a voucher is $67,955 a year, for the studio.

ApartmentsRentPeopleYearly income
1 studio$1,7701 to 2$67,955 to $108,560
11 one-bedrooms$2,1981 to 3$84,960 to $122,160
6 two-bedrooms$2,5422 to 5$102,035 to $146,560

What it means: most of the lottery is one-bedrooms. There is one studio.

Source: Housing Connect listing for lottery 7654, read October 18, 2026. All 18 apartments are at 80% AMI. The top of each range is for the largest household allowed.

Apartments at 492 Thomas S Boyland Street by size, all at 80% AMI, October 18, 2026
View the data table
Apartment typeApartments
Studio1
One-bedroom11
Two-bedroom6

What it means: 11 of the 18 apartments are one-bedrooms.

Source: the listing's 18 unit records. HPD's production data, updated September 30, 2026, had no row for this lot.

Maximum yearly income by household size, 80% AMI
Household sizeMaximum incomeApartments that allow this size
1 person$95,04012
2 people$108,56018
3 people$122,16017
4 people$135,6806
5 people$146,5606

What it means: income before taxes must be at or under the figure for the household's size. No apartment allows six or more people.

Source: the same listing; apartment counts by VoucherMatch from the household-size ranges.

Where a household's income leads to no apartment, without a voucher
  • Under $67,955below every minimum.
  • One person$67,955 to $95,040 fits the studio. Only $84,960 and up fits a one-bedroom.
  • Three people under $84,960the studio allows two people at most, so nothing fits.
  • Four or five peopleonly the two-bedrooms fit, from $102,035 up to $135,680 for four or $146,560 for five.
  • Six or more peopleno apartment allows that many.
  • Above $146,560over every limit in the listing.

The FAQ says minimum incomes exist "To ensure that households are not paying more than one third of their incomes in rent." The listing does not say how its figures were set.

Key pointthe asset limit is $135,680 for every apartment, in the listing's rent table. The FAQ sets it at "the maximum income limit for a four (4)-person household" at the apartment's level.
Two photographs side by side: at left, a kitchen along one wall with wood-look lower cabinets, dark upper cabinets, a stainless steel refrigerator, a stainless electric range with a smooth top, a microwave above it and white doors on each side; at right, a long room with light wood-look floors leading to an open kitchen with a peninsula counter, dark cabinets and a stainless refrigerator
Kitchens in photographs from the Housing Connect listing for lottery 7654. The listing's caption calls the right image "Kitchen 2." Both ranges are electric. The listing does not say which apartment types are shown. Photo: NYC Housing Connect listing for lottery 7654, lottery listing photograph, via NYC Housing Connect, 492 Thomas S Boyland Street Apartments (lottery 7654) (two photographs set side by side at original size on a plain background, the black side bars built into each listing file left off).

Can You Use CityFHEPS or Section 8 at 492 Thomas S Boyland Street?

Yes. Housing Connect accepts vouchers, and a voucher holder does not have to meet the minimum income. All three rents are under the 2026 CityFHEPS maximum for their size, by $455 to $834.

The Housing Connect 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."

Lowest and highest listed monthly rent at 492 Thomas S Boyland Street against the 2026 CityFHEPS maximum for that apartment size, in dollars
Lowest rentHighest rentCityFHEPS maximum
View the data table
Apartment sizeLowest rentHighest rentCityFHEPS maximum
Studio$1,770$1,770$2,604
1 bedroom$2,198$2,198$2,734
2 bedrooms$2,542$2,542$2,997

What it means: the studio is $834 under, the one-bedrooms $536 and the two-bedrooms $455, by VoucherMatch's subtraction.

Source: rents from the Housing Connect listing; maximums from DSS-8r, effective April 1, 2026, "if all utilities are included in the lease."

Watch outthe listing does not say which utilities are in the rent. It has no description text, so it gives no utility rule. No utility allowance is subtracted here. Ask HRA and the marketing agent before you sign a lease.
What else changes the CityFHEPS amount
  • Family sizeDSS-8r lists one person with a studio at $2,604, one or two people with one bedroom at $2,734, and three or four people with two bedrooms at $2,997.
  • Size limits differthe listing allows two people in the studio and five in a two-bedroom. DSS-8r lists five or six people with three bedrooms at $3,753. Ask HRA which figure applies.
  • Credit check"Applicants qualifying with rental subsidy are not subject to a credit check or review of rental history."
  • Section 8the FAQ names "Section 8 Housing Choice Vouchers (HPD or NYCHA)" among accepted subsidies. See the New York City Housing Authority page and the 2026 payment standards.
  • GuidesCityFHEPS vs Section 8 and Section 8 utility allowances in NYC.

How the Rents Compare With HUD's Figures for ZIP Code 11212

All three rents are under HUD's estimate for ZIP code 11212, but the two-bedroom gap is small. HUD's figure includes utilities, and the listing does not say which ones are in the rent.

Lowest and highest listed monthly rent at 492 Thomas S Boyland Street against HUD's fiscal year 2027 fair market rent for ZIP code 11212, in dollars
Lowest rentHighest rentHUD fair market rent, ZIP 11212
View the data table
Apartment sizeLowest rentHighest rentHUD fair market rent, ZIP 11212
Studio$1,770$1,770$2,280
1 bedroom$2,198$2,198$2,390
2 bedrooms$2,542$2,542$2,620

What it means: the studio is $510 below HUD's figure, the one-bedrooms $192 below and the two-bedrooms $78 below, by VoucherMatch's arithmetic.

Source: rents from the Housing Connect listing; HUD's Small Area Fair Market Rents for fiscal year 2027, in effect since October 1, 2026, utilities included.

Two photographs side by side of empty rooms with light wood-look floors and pale walls: at left, a long living area with recessed lights, a baseboard heater and a window with a wall air conditioner at the far end; at right, a room with a large window over rooftops and trees and a wall air conditioner below it
An empty living area and a room with a window in photographs from the Housing Connect listing for lottery 7654. The listing does not say which apartments they are in. Photo: NYC Housing Connect listing for lottery 7654, lottery listing photograph, via NYC Housing Connect, 492 Thomas S Boyland Street Apartments (lottery 7654) (two photographs set side by side at original size on a plain background, the black side bars built into each listing file left off).

How 492 Thomas S Boyland Street Is Financed

Property records show two mortgages from Popular Bank, signed August 26, 2025, for $22,860,000 in all. No record names HPD or the Housing Development Corporation as a lender.

Recorded documents for Brooklyn block 3518, lots 44 and 46
DocumentDate signedPartiesAmount
DeedMarch 11, 2022Urban-Scape LLC to Thomboy Facilities LLCnone listed
MortgageAugust 26, 2025Thomboy Facilities LLC and Popular Bank$19,349,113
MortgageAugust 26, 2025Thomboy Facilities LLC and Popular Bank$3,510,887

What it means: the two mortgages add up to $22,860,000, by VoucherMatch's addition. No regulatory agreement or HPD document was found in the index.

Source: ACRIS, Brooklyn block 3518, lots 44 and 46.

No announcement of the building or its financing by HPD, the developer or a news outlet was found on October 18, 2026.

Preferences, Building Features and Transit at 492 Thomas S Boyland Street

The listing posts no preferences or set-asides yet. It lists 18 amenities, but no text on utilities, fees or a website.

Who gets preference: what is posted and what HPD says in general
  • In this listingno preference or set-aside rows as of October 18, 2026.
  • Disabilitythe FAQ says "Federal disability statutes give preference to five percent (5%) of units" for mobility disabilities. "Another two percent (2%)" go to hearing or vision disabilities.
  • Community boardthis preference "does not apply to developments that do not receive City financing, e.g., those that only receive a tax exemption."
  • Where the final list appearsproject preferences "are listed in the advertisement for the development."
What the building has, in the listing
  • Pets"Pet-friendly," "Large dogs allowed" and "Multiple pets allowed."
  • Building"Elevator," "Shared laundry room," "Bike storage lockers," "Security cameras" and "Intercommunication device."
  • Apartments"Air-conditioning," "Energy-efficient appliances," "High-speed internet" and "Cable or satellite TV." The kitchen photos show electric ranges.
  • Other"Electric car charging stations" and online options for leasing and rent.
  • Not statedwhich utilities are in the rent, whether any amenity costs extra, apartment sizes, and a building website. The listing marks no deposit or fee.
StationLines in the MTA's dataStraight-line distanceAccessible in the MTA's data
Rockaway Av30.48 milesNo
Saratoga Av30.51 milesNo
Sutter Av-Rutland Rd30.54 milesNo
Sutter AvL0.61 milesNo
Livonia AvL0.75 milesYes
Broadway JunctionA, C0.80 milesNo

What it means: no station is closer than about half a mile. The listing shows the 3 and 4 at the three Eastern Parkway line stations; the MTA's data lists daytime 3 service there.

Source: the MTA's subway station data; distances by VoucherMatch in a straight line from the listing's map point (40.6685761, -73.9136321).

  • Close by, per the listing: P.S. 327 Dr. Rose B. English, about 0.08 miles away, Dr. Green Playground, 0.37 miles, and Betsy Head Park, 0.42 miles, by VoucherMatch's measure.
  • Along the line: see apartments near the 3 train and the L train.
Two photographs side by side: at left, a bathroom with large marble-look wall tiles, a white tub with a shower rod, a small white vanity, a mirror cabinet and a toilet; at right, an empty room with doors open on each side to two smaller rooms, a ceiling light and a window with a wall air conditioner at the end
A bathroom and a room with doors to two smaller rooms in photographs from the Housing Connect listing for lottery 7654. The listing does not say which apartments they are in. Photo: NYC Housing Connect listing for lottery 7654, lottery listing photograph, via NYC Housing Connect, 492 Thomas S Boyland Street Apartments (lottery 7654) (two photographs set side by side at original size on a plain background, the black side bars built into each listing file left off).

How to Be Ready When the 492 Thomas S Boyland Street Lottery Opens

Applications are not open yet. A household can finish its Housing Connect profile, check its income and gather papers now.

On two reads on October 18, 2026, the listing had no deadline. It was not among the 16 rental lotteries in the open-lottery search. Brooklyn's 7 open rental lotteries were other buildings.

Getting ready for the 492 Thomas S Boyland Street lottery
  1. 1Make or update a profileat housingconnect.nyc.gov. Housing Connect gives a log number only to profiles that are complete.
  2. 2Watch the listinga deadline will show on the page for lottery 7654.
  3. 3Find your rowcompare household size and income with the tables above, and again when the deadline is posted.
  4. 4Apply once"Submit ONLY one application per household." HPD's guide says chances are the same "no matter when you submit your application, as long as it is before the deadline."
  5. 5Paper routeHousing Connect's "Apply by Mail" section says "To request an application by mail, send a self-addressed envelope to:" 109 East 9th Street, New York, NY 10003, for this listing.

What it means: that address is where to ask for a paper form. The listing gives no return address or postmark rule yet.

Source: Housing Connect FAQ and listing; HPD, "Applying for Affordable Housing" (June 2020).

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.
What happens after a Housing Connect deadline, in HPD's words
  • Log numbers"Within a few weeks after the lottery application deadline, Housing Connect randomly assigns log numbers."
  • Two to twelve monthsthe wait HPD's guide gives for hearing "about the status of your application."
  • If your number is reached"you will only have a few business days to submit your documents."
  • Before a leasea credit and rental-history review, except for applicants "qualifying with rental subsidy."
  • Later openingsHPD's 2020 guide says apartments that open at turnover, "called re-rental units," are posted on Housing Connect. The current FAQ says that during "a temporary waiver period" they "may be made available for applicants outside of Housing Connect."

What it means: a household may wait months after a deadline, and later openings may be posted elsewhere.

Source: HPD, "Applying for Affordable Housing"; Housing Connect FAQ.

Documents to gather now
  • 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"
  • Voucher. "proof of the subsidy and the amount of rent it covers"

What Is Known and Not Yet Known About the Lottery

The rents, incomes, asset limit and amenities are posted. The deadline, the preferences and the utility rules are not.

Known and not yet known on October 18, 2026
  • Knownthree rents with income ranges for 18 apartments, one asset limit, 18 amenities, 12 interior photos and a mail address for paper forms.
  • Not posteda deadline, preferences and set-asides, a marketing agent's name and any description text.
  • Not statedwhich utilities are in the rent, apartment sizes and floors, amenity fees, a move-in date, and which 485-x option applies.
  • Whom to askthe Housing Connect hotline, 212-863-7990, "from 9am to 5pm on weekdays," or nychousingconnect@hpd.nyc.gov.

If You Need an Apartment Sooner

Nothing is open at 492 Thomas S Boyland Street yet. A household that must move soon needs another route.

  • Open in Brooklyn now: the open-lottery search listed 1832 Fulton Street Apartments, due October 23, 2026; Sackett Apartments, 224 3rd Avenue, October 26; 803 Glenmore Avenue Apartments, October 28; Farragut Residences, October 30; Cantilever House, November 4; 228 North 7th Street Apartments, November 6; and 719 & 721 Snediker Avenue, November 9.
Brooklyn apartments on VoucherMatch that take vouchers, nearest to 492 Thomas S Boyland Street first

Listed by landlords who say which vouchers they accept. These are separate from the lottery. See all Brooklyn listings

Frequently Asked Questions

When can I apply for 492 Thomas S Boyland Street on Housing Connect?

Not yet. The building is Housing Connect lottery 7654, "492 Thomas S Boyland Street Apartments." On October 18, 2026, the listing showed rents but no deadline. It was not in the open-lottery search. No opening date is published. A household can finish its Housing Connect profile now and watch the listing for a deadline.

What is the rent at 492 Thomas S Boyland Street?

The rent is $1,770 a month for the one studio, $2,198 for each of eleven one-bedrooms and $2,542 for each of six two-bedrooms. These are the listing's rents as read on October 18, 2026. All are at 80% AMI. The listing does not say which utilities are in the rent, so ask before you sign.

How much do you have to earn for 492 Thomas S Boyland Street?

Without a voucher, from $67,955 a year for the studio, $84,960 for a one-bedroom and $102,035 for a two-bedroom. The most is $146,560, for five people in a two-bedroom. One person can earn up to $95,040. With a voucher or rental subsidy, the Housing Connect FAQ says the minimum income does not apply.

Does 492 Thomas S Boyland Street take Section 8 or CityFHEPS?

Yes. The Housing Connect FAQ accepts Section 8 and CityFHEPS, and minimum income does not apply with a voucher. All three rents are under the 2026 CityFHEPS maximum for their size, by $455 to $834. The listing does not say who pays utilities. The FAQ says the rent should be within your program's limits.

Is 492 Thomas S Boyland Street the same as 482 or 486 Thomas S Boyland Street?

Yes, they are one lot. Housing Connect, the building permit and the certificate of occupancy use 492 Thomas S Boyland Street. PLUTO lists the lot, Brooklyn block 3518, lot 46, as 482 Thomas S Boyland. A 2022 pavement filing uses 486. City Planning's GeoSearch finds all three addresses on the same lot, in Brownsville.

What does "485X ANNY" mean in the 492 Thomas S Boyland Street listing?

It names the program behind the 18 apartments. ANNY is HPD's short name for the Affordable Neighborhoods for New Yorkers Tax Incentive, also called 485-x. It is a property tax break for new buildings. HPD's page says its affordable apartments "will be permanently affordable." No record opened names which 485-x option the building uses.

Are the rents at 492 Thomas S Boyland Street below market?

Yes, by HUD's measure, but only slightly for two-bedrooms. The studio is $510 below HUD's fiscal year 2027 fair market rent for ZIP code 11212, the one-bedrooms $192 below and the two-bedrooms $78 below. HUD's figures include utilities. The listing does not say which utilities tenants pay here.

Sources for this article (16)
  1. Housing Connect listing for lottery 7654 (housingconnect.nyc.gov)
  2. open-lottery search (housingconnect.nyc.gov)
  3. Housing Connect FAQ (housingconnect.nyc.gov)
  4. 485-x page (nyc.gov)
  5. Applying for Affordable Housing (nyc.gov)
  6. DSS-8r (nyc.gov)
  7. filings (data.cityofnewyork.us)
  8. BIS jobs (data.cityofnewyork.us)
  9. certificates of occupancy (data.cityofnewyork.us)
  10. Affordable Housing Production by Building (data.cityofnewyork.us)
  11. PLUTO (data.cityofnewyork.us)
  12. ACRIS (a836-acris.nyc.gov)
  13. GeoSearch (geosearch.planninglabs.nyc)
  14. Small Area Fair Market Rents (huduser.gov)
  15. station data (data.ny.gov)
  16. housingconnect.nyc.gov (housingconnect.nyc.gov)
Share:

Stay Updated on Housing

Get the latest on fair market rents, voucher programs, and finding housing.

No spam, ever. Unsubscribe anytime.

VoucherMatch Editorial Team

Every rule, date and dollar amount in this article is checked against the agency document it comes from, and the sources are listed above. How VoucherMatch articles are researched and corrected

More new affordable buildings

See all new developments in NYC →Other cities →

Find Your Next Home

Explore voucher housing options and local rental guidance.