Apply for 37 affordable units right near the Barclay’s Center and Fort Greene Park, from $867/month

Posted On Thu, May 10, 2018 By

Posted On Thu, May 10, 2018 By In affordable housing, Downtown Brooklyn, housing lotteries

Renderings courtesy of Hill West

If you don’t mind being in the center of all the action, this affordable housing opportunity is for you. The lottery is open for 37 apartments at Hill West Architects‘ brand new Downtown Brooklyn rental 1 Flatbush Avenue. Not only does the 19-story building offer amenities such as a landscaped roof terrace with BBQs and a gym with a yoga studio, but its location at the intersection of booming Flatbush Avenue and Fulton Street means it’s just a few blocks from BAM, the Barclay’s Center, almost all major subways at Atlantic Terminal, and Fort Green Park. The units up for grabs are reserved for households earning 60 percent of the area median income, or between $31,612 and $62,580 annually, and range from $867/month studios to $1,123/month two-bedrooms.

Developer Slate Property Group is behind the rental, which topped out construction this time last year. It has a total of 183 units, along with a double-height lobby and three levels of retail at its base. The market-rate apartments are expected to begin leasing this summer; these prices will range from $2,400/month studios to $4,400/month two-bedrooms.

Qualifying New Yorkers can apply for the affordable units at 145 Madison Avenue until July 11, 2018. Complete details on how to apply are available here (pdf). Fifty percent of units will be set aside for residents of Brooklyn Community Board 2. 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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Neighborhoods : Downtown Brooklyn

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