223 mixed-income units available at new South Bronx rental, from $389/month

Posted On Thu, March 14, 2019 By

Posted On Thu, March 14, 2019 By In affordable housing, Bronx, housing lotteries

Rendering via L+M Development

A housing lottery has just launched for 223 mixed-income apartments in the new South Bronx building located at 1520 Story Avenue, known as Story Avenue West. The rental building is one of two new structures at the site, part of the Lafayette-Boynton residential complex in the Soundview neighborhood, developed by Nelson Management Group and L+M Development Partners. Qualifying New Yorkers earning 30, 50, 60, 90 and 110 percent of the area median income can apply for the units, which range from $389/month studios to $2,066/month three-bedrooms.

Amenities at the building include an on-site superintendent, a fitness center, a laundry room, parking, bike storage, playground, and lockers for packages. The building at 1520 Story Avenue is connected to the other rental building in the complex via a one-story structure that holds the fitness center.

Residents can also enjoy proximity to Soundview Park, 205 acres of green space that sit where the Bronx River opens into the East River. Recreational activities at the park include six baseball fields, a cricket pitch, running track, soccer field, basketball courts, walking paths, and a performance lawn.

Transit options include the 6 train and BX5 bus, as well as the newly launched ferry route from Clason Point Park. While it’s located about 20 minutes from the Story Avenue residences, the new route will get you to Wall Street’s Pier 11 in roughly 45 minutes.

1520 Story Avenue, affordable housing, lottery, south bronx, soundview, rentals

Qualifying New Yorkers can apply for the affordable apartments at 1520 Story Avenue until May 13, 2019.  Applicants who live in New York City receive a general preference for apartments. 50 percent of units are set aside for residents of Bronx Community Board 9. 7 percent of units are set aside for applicants with vision, hearing or mobility disabilities. 5 percent of units are set aside for municipal employees. 40 of the affordable units are set aside for seniors aged 62 or older.

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.

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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Neighborhoods : Bronx,sound view,South Bronx

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