Affordable lottery launches at a new Bushwick building, but doesn’t save renters a whole lot

Posted On Wed, October 31, 2018 By

Posted On Wed, October 31, 2018 By In affordable housing, Bushwick, housing lotteries

Applications are now being accepted for eight middle-income apartments at a newly constructed building in Bushwick. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments at 18 Stanhope Street, which include four $2,175/month one-bedrooms and four $2,270/month two-bedrooms. The units do not offer that much of a discount from the market rate apartments at the building, with current listings starting at $2,500/month for a one-bedroom and $2,700/month for a two-bedroom.

18 Stanhope Street, Bushwick, Affordable Housing

The apartments feature spacious open layouts, big windows, and private balconies. Residents can enjoy amenities like a gym, on-site laundry, media room, bike storage, roof deck, and off-street parking.

Located in between Bushwick Avenue and Broadway, the building sits close to the M and J trains and a bunch of cafes, shops, and galleries.

18 Stanhope Street, Bushwick, Affordable Housing

Qualifying New Yorkers can apply for the affordable apartments at 18 Stanhope Street until November 23, 2018. 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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Images via Reside New York

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Neighborhoods : Bushwick

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