124 chances to live in the burgeoning South Bronx, from $822/month

June 19, 2017

The South Bronx is arguably the city’s largest hotbed of new affordable housing development, and the latest chance to live in the up-and-coming ‘hood for less than market rate starts today for 124 units at 530 Exterior Street in Mott Haven. Here, New Yorkers earning 60 percent of the area median income can apply for apartments ranging from $822/month studios to $1,224/month three-bedrooms. The 13-story building is part of a larger, mixed-use project, right near Mill Pond Park on the Harlem River and the 145th Street Bridge to Harlem. The other two components are a similarly low- and moderate-income housing building at 491 Gerard Avenue and a 152-room Hampton Inn hotel with commercial space and ground-floor retail.

The other affordable housing building at 491 Gerard Avenue

The Hampton Inn at 110 East 149th Street

The entire complex was designed by affordable housing gurus Dattner Architects and developed by Monadnock. It’s conveniently located right near the 149th Street stop of the 2, 4, and 5 trains and right near all the shopping and dining options at Bronx Terminal Market.

In addition to amenities including a fitness room, bike storage, laundry room, exterior recreation space, and parking lot, 530 Exeter Street has a solar roof to generate power. Apartments have stainless steel kitchen appliances, granite countertops and backsplashes, and LVP flooring.

Qualifying New Yorkers can apply for the affordable apartments at 530 Exterior Street until August 18, 2017. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

Use 6sqft’s map below to find even more ongoing housing lotteries.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.


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