PROPERTY AT A GLANCE
West 135th Street Apartments is a 198-unit multifamily property with a Project-Based Section 8 Housing Assistance Payment (HAP) Contract covering 99% of the units. The current HAP contract, originally set to expire in May 2039, has been extended through MRG’s acquisition to a new expiration date of May 2044, guaranteeing continued affordability for the next two decades. Built in 1910, West 135th Street Apartments has a storied past and has benefited from numerous renovations over the years. Planned improvements include brand-new kitchens and bathrooms, a refreshed entryway, enhanced security with new camera installations, as well as a material upgrade for the elevators, with marble finishes to enhance the aesthetic appeal of the property.
Key Amenities and Connectivity
Residents of West 135th Street Apartments enjoy unparalleled access to public transportation, with the 135th Street subway station just a block away, providing easy connectivity to the rest of New York City. The property is situated near a variety of cultural landmarks, retail options, and parks, making it a prime location that fosters a vibrant and inclusive community atmosphere.