Real Estate

Affordable Condo For Sale In Armonk Is Now Accepting Applicants

The net affordable sale price of the 1,344-sq-ft, 2-bedroom, 3-bathroom home is estimated at $266,675, after a NYSAHC loan subsidy.

A 1,344-square-foot, 2-bedroom, 3-bathroom condo is available for re-sale in Armonk Commons, located at 22 Old Route 22, in Armonk.
A 1,344-square-foot, 2-bedroom, 3-bathroom condo is available for re-sale in Armonk Commons, located at 22 Old Route 22, in Armonk. (Google Maps)

ARMONK, 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 Armonk and applications are now being accepted.

A 1,344-square-foot, 2-bedroom, 3-bathroom condo is available for re-sale in Armonk Commons, located at 22 Old Route 22, in Armonk.

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Unit 7 amenities include crown molding; stainless steel appliances (new Bosch dishwasher and refrigerator, microwave); new countertops with classic white tile backsplash; a dining area with new built-in seating and hidden storage; cherry wood cabinets with ample storage space; wood flooring throughout main living areas; new light fixtues in kitchen/living room/bathrooms; an updated powder room with marble floors, a raised sink, a modern mirror, new hardwood, shelving; two hall closets/pantry, a master bedroom with two closets, a second bedroom with three closets; a carpeted stairway, window blinds and curtains.

Additional features include a renovated full bathroom with marble floors, a glass walk-in shower, an updated sink, and lighting; a second bathroom with a new toilet and lighting fixture; a finished basement with sliding doors to a backyard patio, a full bathroom with a glass walk-in shower; a washer/dryer; central heat & A/c; and two parking spots.

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As part of the Armonk Commons Development, snow removal and lawn care are included. Trash and recycling are collected on Mondays. Guest parking is available.

The net affordable sale price is estimated to be $266,675, after a NYSAHC loan subsidy of $40,000.

Estimated monthly real estate taxes will be $478, while estimated monthly common charges will be $440.

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, maximum income of $108,800
  • three-person household, maximum income of $122,400
  • four-person household, maximum income of $136,000
  • five-person household, maximum income of $146,900

Armonk Commons is zoned to the Byram Hills Central School District.

The development is located close to boutique shopping, diverse restaurants, specialty shops, and outdoor recreation. There is access to a Bee-Line bus stop two minutes away, and the Metro-North Railroad. In addition, the property is close to the Westchester County Airport.

A brochure and application, along with photos, can be found here. The submission deadline is May 14, 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.

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