750 spots open on waitlist for Mitchell-Lama Lower East Side co-ops, for sale from $19,677

March 14, 2022

Applications are currently being accepted for newly-opened waitlist spots for studios and two-bedroom middle-income units at the Gouverneur Gardens co-op at 305 Madison Street. New Yorkers earning 125 percent of the area median income can apply to purchase apartments in the post-war development on Manhattan’s Lower East Side, priced from $19,677 for a studio to $35,418.60 for a two-bedroom.

Built in 1965 under the state’s Mitchell-Lama policy, the six-building, 782-unit co-op development features terraces, laundry rooms, and overnight security.

Qualifying New Yorkers can apply for 500 spots on the studio waitlist and 250 spots on the two-bedroom waitlist until March 30, 2022. Find more details on how to apply here (pdf).

Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

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Tags: 305 Madison Street, Co-ops

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222 LES Tower + Lofts

222 East Broadway

Lower East Side

Art Deco romance meets 21st-century convenience

Studios starting at $799,000
1 bed starting at $1,100,000
2 beds starting at $1,955,000
3 beds starting at $2,875,000

Learn More

750 spots open on waitlist for Mitchell-Lama Lower East Side co-ops, for sale from $19,677

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This $839K co-op in an Upper West Side mansion has a presidential connection

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750 spots open on waitlist for Mitchell-Lama Lower East Side co-ops, for sale from $19,677

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