Chelsea
425 West 25Th/ 428 West 26Th, New York, New York 10014
🔴 Expiring Imminently
Chelsea is a 425-unit multifamily property located at 425 West 25Th/ 428 West 26Th in New York, New York 10014. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDNYC20110854
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units425
Low-Income Units332
Low-Income Ratio78%
Tenant demographic data not available for this property.