37 middle-income apartments available at resort-like rental in Long Island City, from $1,990/month

October 2, 2020

Rendering by NEAT Agency

A housing lottery launched this week for 37 middle-income apartments at a new, amenity-packed rental in Long Island City, Queens. Dubbed The Cove and located at 43-12 Hunter Street, the 18-story tower contains 123 apartments and boasts ground-floor retail, an outdoor roof terrace, a game room, a library, and a fitness center. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which include $1,990/month studios, $2,345/month one-bedrooms, and $3,072/month two-bedrooms.

Developed by Rockrose, the group responsible for a number of other residential properties in Long Island City including Linc LIC, 47-05 Center Boulevard, Hayden, and the Eagle Lofts, The Cove measures about 90,000 square feet, with 4,000 square feet of that consisting of ground-floor retail.

SLCE Architects handled the design of the reinforced concrete tower, with interiors by Slade Architecture. Residences feature hardwood flooring, stainless steel appliances, quartz countertops, and in-unit washer/dryers. Amenities include a fitness center, “Cove Club” lounge, a library, a game room, a sun lounge, and an outdoor roof deck with barbecue grills.

Photos of model one-bedroom units courtesy of Rockrose

According to the city’s lottery advertisement, the building is currently offering one-month free on a one-year lease and two months free on a two-year lease, with free RCN cable for one year. Aside from the current concessions, the income-restricted lottery won’t save you a ton on rent in the neighborhood, with the median rental price in Long Island City currently $2,835/month across 256 available apartments, according to CityRealty.

The building sits within the Court Square neighborhood of Long Island City, which is home to cultural spaces like MoMA PS1 and SculptureCenter, celebrated restaurants and breweries, and multiple subway lines. Commuters are near the E, M, 7, and G trains at Court Square, the N and W at Queensboro Plaza, and the E, M, and R at Queens Plaza.

Qualifying New Yorkers can apply for the affordable units until December 4, 2020. Complete details on how to apply are available here. 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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