Although rental prices are dropping in Williamsburg due to the impending L-train shutdown, a recently launched lottery is offering up a can’t-miss deal. A brand new building located at 105 South Fifth Street has 38 affordable units up for grabs. In addition to the housing units, the Datter Architects-designed mixed-use project features roughly 4,000 square feet of retail and a 1,000-square-foot medical facility. Qualifying New Yorkers earning 60 percent of the area median income can apply for apartments ranging from an $865/month studio to a $1,121/month two-bedroom.
The 11-story, 64,000-square-foot building sits across from the Williamsburg Bridge. The site formerly housed the Landmarks Preservation Commission’s warehouse, where reclaimed hardware was stored. The L-shaped structure wraps the corner of Berry and South Fifth. Amenities include on-site laundry, a laundry room, bike storage, outdoor terrace and parking.
Qualifying New Yorkers can apply for the affordable units at 105 South 5th Street until June 22, 2018. Fifty percent of units will be set aside 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.
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.
- Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens
- 100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month
- Lottery launches for nine middle-income apartments near Marine Park, from $1,700/month
Neighborhoods : Williamsburg