All renderings courtesy of NYC Department of Housing Preservation and Development
August 21, 2025
Huge Coney Island complex opens lottery for 150 middle-income apartments, from $2,449/month
A three-tower luxury development in Coney Island opened a lottery last week for 150 middle-income apartments. Less than half a mile from the Riegelmann Boardwalk and beach, the sprawling development at 532 Neptune Avenue includes 499 apartments across three buildings and a whopping 95,000 square feet of amenities, including a rooftop, swimming pool, and a running track that encircles the property. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, priced from $2,449/month for studios and going up to $3,495/month for a two-bedroom.
do you qualify?
do you qualify?
