Save up to 85% on Rent, Join the VIP List Today!

Rent-Stabilized Homes, Lottery Opens Soon

Brand new Murray Hill rent-stabilized apartments coming soon! The upcoming housing lottery for 534 3rd Ave will offer studios, one-bedroom, and two-bedroom residences for income-qualified households*.

Located in the heart of Murray Hill, 534 3rd Ave blends elegant Art Deco-inspired design with thoughtfully curated amenities and modern city living. Future residents will enjoy refined interiors, skyline views, wellness-focused amenities, co-working spaces, rooftop lounges, and more.
Join the VIP list today to be among the first to receive updates and details once the housing lottery officially opens.

*You may qualify if your household earns between $38,983 and $238,160 per year. Don’t miss this opportunity to elevate your living experience while saving up to 85% on rent!

Lottery Begins In:

Apartments Features

Save up to 85% on rent! 1 Bedroom from $3,758 for 130% AMI

  • New Rent-Stabilized Apartments
  • Nine-Foot Ceilings
  • In-Home Washer & Dryer
  • Wide-Plank White Oak Flooring
  • Custom Millwork Details
  • Condo-Level Finish
  • Premium Stainless Steel Kitchen Appliances
  • Italian Porcelain-Clad bathrooms with Spa-Inspired Finishes
  • Private Outdoor Space in Select Residents
  • Walk-in Closet in Select Residents

Building Amenities

Discover Indoor & Outdoor Amenities

534 3rd Ave is not just your standard Murray Hill Living; it features an impressive array of amenities* designed to elevate your everyday living. Experience vibrant, thoughtfully curated spaces that bring comfort and energy to your lifestyle.

    • State-of-the-Art Fitness Studio
    • Starry-Sky Infrared Sauna
    • Picky’s Pet Wash
    • Secure Bike Storage
    • 22nd Floor Terrace with BBQ Grills
    • Social Co-Working Lounge
    • Billiards and Video Gaming Lounge
    • Library Lounge
    • Speakeasy-Inspired Lounge
    • Rooftop Sun Terrace
    • Private Phone Booths

*Fee applies

Neighborhood

Experience the Energy and Convenience of Murray Hill

Surrounded by some of Manhattan’s best dining, nightlife, and everyday conveniences, Murray Hill offers a seamless blend of classic New York charm and modern city living. Enjoy close proximity to Grand Central, the East River waterfront, Trader Joe’s, Equinox, and a variety of acclaimed restaurants, cafés, and cultural destinations. Convenient access to the 4, 5, 6, 7, and S trains makes commuting throughout Manhattan and beyond effortless.

40% Area Median Income

Unit Size Monthly Rent 1 Units Available Household Size 2 Annual Household Income 3
Studio$969161 Person$38,983-$47,520
2 People$38,983-$54,280

60% Area Median Income

Unit Size Monthly Rent 1 Units Available Household Size 2 Annual Household Income 3
Studio$1,50331 Person$57,292-$71,280
2 Person$57,292-$81,420
Studio$1,53621 Person$58,423-$71,280
2 Person$58,423-$81,420
1 Bedroom$1,60121 Person$61,475-$71,280
2 Person$61,475-$81,420
3 Person$61,475-$91,620
1 Bedroom$1,63271 Person$62,538-$71,280
2 Person$62,538-$81,420
3 Person$62,538-$91,620
2 Bedroom$1,90122 Person$74,023-$81,420
3 Person$74,023-$91,620
4 Person$74,023-$101,760
5 Person$74,023-$109,920

130% Area Median Income

Unit Size Monthly Rent 1 Units Available Household Size 2 Annual Household Income 3
1 Bedroom$3,75831 Person$135,429-$154,440
2 Person$135,429-$176,410
3 Person$135,429-$198,510
2 Bedroom$4,48452 Person$162,583-$176,410
3 Person$162,583-$198,510
4 Person$162,583-$220,480
5 Person$162,583-$238,160

1 Tenant responsible for electricity including stove and cold climate split system heating.
2 Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3 Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change.
4 Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.

40% Area Median Income

Studio

16 Unit Avail
1 Person
2 Person

$969
$38K - 47K
$38K - 54K

60% Area Median Income

Studio

3 Unit Avail
1 Person
2 Person

$1,503
$57K - 71K
$57K - 81K

Studio

2 Unit Avail
1 Person
2 Person

$1,536
$58K - 71K
$58K - 81K

1 Bedroom

2 Unit Avail
1 Person
2 Person
3 Person

$1,601
$61K - $71K
$61K - $81K
$61K - $91K

1 Bedroom

7 Unit Avail
1 Person
2 Person
3 Person

$1,632
$62K - $71K
$62K - $81K
$62K - $91K

2 Bedroom

2 Unit Avail
2 Person
3 Person
4 Person
5 Person

$1,901
$74K - $81K
$74K - $91K
$74K - $101K
$74K - $109K

130% Area Median Income

1 Bedroom

3 Unit Avail
1 Person
2 Person
3 Person

$3,758
$135K - $154K
$135K - $176K
$135K - $198K

2 Bedroom

5 Unit Avail
2 Person
3 Person
4 Person
5 Person

$4,484
$162K - $176K
$162K - $198K
$162K - $220K
$162K - $238K

1 Tenant responsible for electricity including stove and cold climate split system heating.
2 Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3 Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change.
4 Minimum income listed may not apply to applicants with Section 8 or other qualifying rental subsidies. Asset limits also apply.

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FAQ

This FAQ is for summary, informational purposes only and is not intended to be a comprehensive guide to eligibility. In the event of any inconsistencies between these FAQs and HPD’s Marketing Handbook https://www.nyc.gov/site/hpd/services-and-information/marketing.page, HPD’s Marketing Handbook shall control in each instance. In all instances, there may be exceptions or additional legal criteria not set forth herein, and HPD will ultimately determine an applicant’s eligibility. HPD’s rules may be subject to change, and interested applicants should consult the HPD website for the most up-to-date information.