Affordable Housing Hub
Low Income (LIHTC)

Oceanhill Ii Llc

1740 Prospect Pl, Brooklyn, NY, 11233

Information verified May 8, 2026ยทWe re-check waiting list status daily

Default photo for Oceanhill Ii Llc
Example Photo
Share

About This Property

Oceanhill II LLC contains 149 units in Brooklyn, with 148 designated as low-income housing serving families. The property includes 17 one-bedroom, 111 two-bedroom, and 21 three-bedroom units and has been in service since 2017. The development receives funding through HOME, HOPE VI, and FHA programs and utilizes 4% Low-Income Housing Tax Credits.

Property Details

Total Units
149
1 Bedroom
17
2 Bedroom
111
3 Bedroom
21

Fair Market Rent - Kings County, NY

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$2,386
1 Bedroom$2,451
2 Bedroom$2,752
3 Bedroom$3,434
4 Bedroom$3,700

Income Limits - Kings County, NY

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$25,100
Very Low (50%)
$41,800
Low (80%)
$66,850
2 Persons
Extremely Low (30%)
$28,650
Very Low (50%)
$47,750
Low (80%)
$76,400
3 Persons
Extremely Low (30%)
$32,250
Very Low (50%)
$53,700
Low (80%)
$85,950
4 Persons
Extremely Low (30%)
$35,800
Very Low (50%)
$59,650
Low (80%)
$95,450
5 Persons
Extremely Low (30%)
$38,700
Very Low (50%)
$64,450
Low (80%)
$103,100
6 Persons
Extremely Low (30%)
$41,550
Very Low (50%)
$69,200
Low (80%)
$110,750
7 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
8 Persons
Extremely Low (30%)
$47,300
Very Low (50%)
$78,750
Low (80%)
$126,000

Advertisement

Tax Credit Program Details

Year Placed in Service
2017
LIHTC Credit Type
4%
Low-Income Units
148 / 149
Target Population
Families
Funding Programs
HOMEFHA InsuredHOPE VIRental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Brooklyn, NY?+

The Fair Market Rent (FMR) for Kings County, NY is: $2386 (Studio), $2451 (1BR), $2752 (2BR), $3434 (3BR), $3700 (4BR). Actual rent at subsidized properties like Oceanhill Ii Llc is typically 30% of household income or less.

What size apartments are available at Oceanhill Ii Llc?+

Oceanhill Ii Llc offers the following unit types: 17 One-Bedroom, 111 Two-Bedroom, 21 Three-Bedroom units, for a total of 149 units.

What are the income limits for affordable housing in Kings County, NY?+

For a 4-person household in Kings County, NY, the income limits are: Extremely Low Income (30% AMI): $35,800, Very Low Income (50% AMI): $59,650, Low Income (80% AMI): $95,450. These limits are set by HUD and updated annually.

Who is eligible to live at Oceanhill Ii Llc?+

Oceanhill Ii Llc primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the price range for apartments in Brooklyn, NY?+

Based on Fair Market Rent for Kings County, the estimated price range is: 1-bedroom: $2451, 2-bedroom: $2752, 3-bedroom: $3434. Actual rent at Oceanhill Ii Llc may be lower for income-eligible households.

Who manages Oceanhill Ii Llc?+

Oceanhill Ii Llc is managed by . You can reach them at .

How do I apply for housing at Oceanhill Ii Llc?+

Oceanhill Ii Llc is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Begin Application Now

Contact Information

Walk Score

Walker's Paradise

90
Walk
100
Transit
75
Bike

Nearby Schools

KG,1,2,3,4,5,6,7,8,UG
PK,KG,1,2,3,4,5,6,7,8,UG
8,9,10,11,12,UG

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Kings County, NY

View on Google Maps

More Affordable Housing Near Oceanhill Ii Llc

Housing Resources in Brooklyn, NY

HUD-Approved Counseling Agencies

BROOKLYN NEIGHBORHOOD IMPROVEMENT ASSOCIATION

Mortgage Delinquency and Default Resolution CounselingRental Housing CounselingRental Housing Workshops

BEDFORD STUYVESANT RESTORATION CORPORATION

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial

COMMUNITY ORGANIZATION OF SOUTHERN BROOKLYN

Mortgage Delinquency and Default Resolution CounselingPre-Purchase Counseling