Greenpoint’s new ‘community-forward rental’ launches lottery for 60 affordable units

Posted On Wed, January 2, 2019 By

Posted On Wed, January 2, 2019 By In affordable housing, Greenpoint, housing lotteries

Image via Otto Greenpoint

Ranging from $1,045/month studios to $2,795/month three-bedrooms, 60 low- and middle-income units at Greenpoint’s new rental Otto have come online through the city’s affordable housing lottery. The block-long, 197-unit building boasts that it is “community-forward,” with amenities like a lounge, old-school game room, gym, and a large rooftop with a pool, hot tub, barbecues, and incredible Manhattan views. For comparison, market-rate apartments are renting from $2,279/month for studios to $4,704/month for three-bedrooms.

Located at 211 McGuinness Boulevard between Greenpoint Avenue and Calyer Street, the building is just two blocks to the G train at Greenpoint Avenue and a quick walk to the ferry at India Street. The building also provides a private shuttle to Court Square.

This image is for marketing purposes only; it does not represent the specific units available through the housing lottery

The units themselves have floor-to-ceiling windows, reclaimed oak floors, in-unit washer/dryers, and custom cabinetry and Caesarstone counters in the kitchen.

Qualifying New Yorkers can apply for the affordable apartments at Otto until March 6, 2018. Fifty percent of units are reserved for residents of Brooklyn Community Board 1. 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. And find market-rate listings for Otto here.

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All images via Otto Greenpoint

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