Housing Lottery for Two $918/Month Apartments Across From MoMA PS1 in LIC Starts Today
The affordable housing lottery for 21-03 46th Avenue in Long Island City officially opens today, and the brand new one-bedroom luxury units will be a mere $918, according to the NYC HPD. Apartments have private terraces, ten-foot ceilings, Brazilian cherry floors, chef’s kitchens with stainless steel appliances, and in-unit washers/dryers. Plus, the address is right across from MoMA PS1 and just a block away from the E, M, 7 and G subways. The catch? The building only has eight units and only two of these are deemed affordable.
The bulk of construction on the building (which has ground-floor commercial space) wrapped up about a year ago, and this past fall, four of the six market-rate apartments were rented. This included two 2-bedrooms for $3,300/month, another 2-bed for $3,200, and a one-bed for $2,600. Currently, a one-bedroom is listed for $2,800.
As for the two affordable units, in order to qualify as an individual, you’ll need to make between $31,475 and $36,300. Interestingly, the earning levels are the same for a two-person household. Those who qualify can apply here.
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Interior photos are of an unspecified unit
