Affordable Condo For Sale In Larchmont Is Now Accepting Applicants

LARCHMONT, NY — A great deal on a new home in a desirable location could be in the cards for those who qualify and have a little bit of good luck on their side.

Westchester Residential Opportunities announced that there is a new chance for fair and affordable homeownership in Larchmont and applications are now being accepted.

A 1,546-square-foot, "immaculately kept" two-bedroom, two-bathroom condominium is available for re-sale in The Pinebrook Condominium, located at 2103 Palmer Ave. The community has two garden-style buildings. Each floor has a meeting room, and a small gym containing a treadmill and an elliptical.

Unit 202 is "the ideal blend of comfort, and convenience."

Amenities include a balcony, a ceiling fan, an attached main bedroom bathroom, granite countertops, stainless steel appliances, a dishwasher, tiled flooring, recessed lighting, natural lighting, plenty of storage space (a large walk-in closet, a coat closet, a linen closet, a storage closet), an in-unit washer/dryer, a hot water heater, HVAC, central air conditioning and heating, yard space, one garage spot, and visitor parking.

The gross affordable sale price of the condo is estimated to be $331,667. The net affordable sale price, after a NYSAHC loan subsidy, is estimated to be $291,667.

Estimated monthly real estate taxes will be $347, while estimated monthly common charges will be $605.

The occupancy for this condo is two to five people. It is required that the home be the purchaser's principal place of residence.

The condo is available to those with a household income below 80 percent of the average monthly income in the region. In order to qualify, the household sizes and maximum incomes are as follows:

• two-person household, maxium income of $99,950
• three-person household, maximum income of $112,500
• four-person household, maximum income of $124,950
• five-person household, maximum income of $134,950

The Pinebrook Condominium buildings are zoned to the Mamaroneck Union Free School District.

The building is located close to the Bee-Line bus route, and is a 5-minute walk to the Metro-North station. There are several downtown shops, restaurants, schools and a park nearby.

A brochure and application, along with photos, can be found here. The submission deadline is March 7, 2025 at 4 p.m. Completed applications will be accepted on a first come, first served basis. Any applications received after the deadline will be waitlisted.

For additional information, contact Westchester Residential Opportunities at 914-428-4519 or email this address.