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Cool Listings, East New York

Listing photos by Rachel Kumza

There are not too many places in Brooklyn where you can buy a two-family house complete with a private driveway and backyard for under $1 million. But this lovely home in East New York, located on a quiet dead-end street and renovated in 2016, is on the market for $995,000. The owner’s unit is a four-bedroom on the first and second floors, with access to bonus rooms in the basement, as well as the rear deck and patio. Also on the second floor is a three-bedroom apartment with a projected rent roll of $2,500/month.

Look around

affordable housing, East New York, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

Not far from Brooklyn’s Broadway Junction transit hub, a new building dubbed 50 Penn has launched an affordable housing lottery for 175 apartments, ranging from $354/month studios to $1,993/month three-bedrooms. Located at 2628 Fulton Street, it’s in the East New York neighborhood, close to both Atlantic and Jamaica Avenues and a quick walk to Forest Park. The ground floor offers retail space, including a grocery store. The units are open to those earning 30, 40, 50, 60, and 80 percent of the area median income.

See the requirements

affordable housing, Brooklyn, housing lotteries

Photo of the Harry T. Nance Apartments, Courtesy of NYC Department of Housing Preservation & Development

Applications are currently being accepted for 55 affordable apartments at a new sustainable development in Brooklyn’s Ocean Hill neighborhood. The Harry T. Nance Apartments, located at 1860 Eastern Parkway, stands 10 stories and includes a new home for the True Holy Church. New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the units, ranging from studios to three-bedrooms priced between $457/month and $1,485/month.

Find out if you qualify

affordable housing, Brooklyn, East New York, housing lotteries

Photo credit: The Arker Companies

A housing lottery launched this month for 112 affordable apartments at a new complex in the Spring Creek section of East New York. The building at 881 Erskine Street sits within The Fountains development, a mixed-use project of six buildings that will ultimately bring more than 1,100 affordable homes to the area. Qualifying New Yorkers earning 30, 40, and 60 percent of the area median income can apply for the apartments, which range from $331/month studios to $1,472/month three-bedroom apartments.

Find out if you qualify

affordable housing, East New York, housing lotteries

Photo by Tdorante10 on Wikimedia

A housing lottery launched on Monday for 69 affordable apartments for seniors in the Spring Creek section of East New York in Brooklyn. The building at 10 Schroeder’s Walk sits within the Fountains Development, an eight-building mixed-use complex currently under construction. The new Shirley Chisholm State Park and the Gateway Plaza Mall, which includes many restaurants and department stores, are located nearby. Applicants must be–or have at least one household member who is– 62 years of age or older and earn $45, 500 or less annually. Those who qualify will pay 30 percent of their income for the available one-bedroom apartments.

Find out if you qualify

affordable housing, East New York, housing lotteries

Magnusson Architecture and Planning, East New York, 2858 Linden Boulevard

Rendering by Nightnurse Images, courtesy of Magnusson Architecture and Planning

In East New York, a new affordable housing lottery has just launched for 206 units at a large new development at 2858 Linden Boulevard. Ranging from $375/month studios to $2,143/month two-bedrooms, the apartments are available to those earning 30, 40, 50, 60, and 100 percent of the area median income. The building was designed by Magnusson Architecture and Planning, which is responsible for three buildings on the mixed-use site. They all surround a landscaped courtyard terrace, and this building, site one, also has a community room, children’s playroom, bike room, on-site card-operated laundry room, and parking.

Find out if you qualify

affordable housing, Brooklyn, East New York, housing lotteries

Rendering of 911 Erskine Street, courtesy of Gov. Andrew Cuomo’s Office

There are nearly 200 affordable apartments up for grabs at a brand new development in the Spring Creek section of East New York in Brooklyn. Located at 911 Erskine Street, the complex is part of the mixed-use Fountains Development, which broke ground in 2017. The nine-story building sits between Betts Creek and Hendrix Creek of the Jamaica Bay and directly across from the massive shopping center, the Gateway Plaza Mall. Qualifying New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the apartments, which include studios from $328/month and three-bedroom apartments up to $1,504/month.

Here’s how to apply

affordable housing, East New York, housing lotteries

The nearby Sperandeo Brothers Playground and 315 Linwood Street under construction as of May; Map data © 2019 Google

Linwood Park Apartments, a new development at 315 Linwood Street in East New York, has just launched an affordable housing lottery. The 10-story complex is located in the rezoned Atlantic Avenue corridor and is made up entirely of affordable units, available to those earning 40, 50, and 60 percent of the area median income. 69 apartments are available in the lottery, ranging from $856/month studios to $1,504/month three-bedrooms. Eight of those units have been set aside for those who qualify for Section 8, meaning eligible residents will pay 30 percent of their income for rent.

Find out if you qualify

affordable housing, real estate trends

Rendering courtesy of Common and L+M Development Partners

A year ago, the city’s Department of Housing Preservation and Development announced plans for an affordable co-living pilot program. Known as ShareNYC, the initiative “lets developers seek public financing in exchange for creating affordable, shared-housing developments,” as 6sqft previously reported. The city has now selected three proposals that will create or preserve accommodations for roughly 300 residents. Two of the projects, including one by co-living giant Common, will be located in East Harlem, while the third will be in East New York.

Learn about all the projects

affordable housing, East New York, housing lotteries

Rendering courtesy of NYC HPD

A lottery opened this week for 41 affordable apartments in a newly constructed building in eastern Brooklyn. Located at 463 Livonia Avenue, the site is part of the city’s Livonia Avenue Initiative, a program aimed at revitalizing the Brooklyn neighborhoods of East New York and Brownsville. Qualifying New Yorkers earning 40, 50, and 60 percent of the area median income can apply for the units, which range from a $590/month one-bedroom to a $1,449/per month three-bedroom apartment.

Find out if you qualify

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