Magellan LIHTC New York, NY

Profile last updated · Data vintage: HUD LIHTC 2024

Magellan is a Low-Income Housing Tax Credit (LIHTC) community in New York, NY with 168 units. Rents are set relative to household income.

168
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address33 W 33rd St, New York, NY 10001 Map →
Tax-credit (LI) units34
Placed in service2003

How to apply at Magellan

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 33 W 33rd St, New York; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in New York

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
J.l. Elliot Public HousingNew York0.8 km
Sloan House LIHTCPB Section 8New York0.8 km
Manhattan Plaza PB Section 8New York1.1 km
Times Square Hotel LIHTCNew York1.1 km
Gershwin LIHTCNew York1.1 km
Gotham West LIHTCPB Section 8New York1.4 km
605 West 42nd St. LIHTCPB Section 8New York1.4 km
River Place Ii LIHTCNew York1.4 km

← All subsidized housing in New York

Frequently asked questions

What kind of subsidy does Magellan have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Magellan?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Magellan?
Contact the management office at 33 W 33rd St in New York. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.