Cornerstone Sandy F. Ray Senior Housing

550 Greene Ave, Brooklyn, New York 11216

๐ŸŸ  Expiring Soon

Cornerstone Sandy F. Ray Senior Housing is a 151-unit multifamily property located at 550 Greene Ave in Brooklyn, New York 11216. Placed in service in 2014 under the LIHTC program, its 15-year compliance period expires in 2029. This property is approaching its Year-15 compliance milestone.

Year-15 Compliance Timeline

EXPIRING SOON
Placed in Service
2014
Current Year
2026
Expiration
2029
2014
2017
2020
2023
2026
2029
๐Ÿ“‹
Compliance expires in 3 years

This property is approaching its Year-15 compliance milestone. It is worth monitoring for changes in ownership intent and refinancing activity.

Compliance Period
15 Years
Years Elapsed
12 / 15
Years Until
3
Property Overview
HUD IDNYB20140020
Year Placed in Service2014
Year-15 Expiration2029
Acquisition Status๐ŸŸ  Expiring Soon
Unit Breakdown
Total Units151
Low-Income Units150
Low-Income Ratio99%
Tenant demographic data not available for this property.