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FRANKLIN DEVELOPMENT

1000 PRESIDENT ST

BROOKLYN , NY 11225

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Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 57

Assisted housing category: Subsidized - Previously Insured

Owner organization name: Franklin President Associates

Management agent organization name: Star Realty Corporation

Management agent main phone number: (718) 260-9296

Management agent email address: starrealcorp@gmail.com

Hud Administered ind: N

Contract doc type: HAP

Program type: Sec 8 SR

Rent to FMR ratio: 118.3099386

Rent to FMR description: Between 101% & 120% FMR

Total 1bedroom units: 21

Total 2bedroom units: 31

Total 3bedroom units: 4

1bedroom: $1,714.00 per month

2bedrooms: $1,951.00 per month

3bedrooms: $2,472.00 per month



Inquiry & Reviews (1)

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2024 Fair Market Rents in BROOKLYN, NY 11225 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in BROOKLYN, NY 11225 offer diverse housing options, including those relevant to Section 8 assistance:

  Efficiency: $2,070 (low) to $2,530 (high) per month
  One-Bedrooms: $2,124 (low) to $2,596 (high) per month
  Two-Bedrooms: $2,385 (low) to $2,915 (high) per month
  Three-Bedrooms: $2,979 (low) to $3,641 (high) per month
  Four-Bedrooms: $3,204 (low) to $3,916 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the BROOKLYN, NY 11225 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the New York, NY HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.