Lottery Launches for 30 Affordable Units in Large New Crown Heights Building, From $913/Month

Posted On Thu, May 26, 2016 By

Posted On Thu, May 26, 2016 By In affordable housing, Crown Heights, housing lotteries

The building itself, designed by Issac & Stern Architects, may be pretty unremarkable, the same for the block on which it’s located, but 505 Saint Mark’s Avenue is in a prime Crown Heights location and offers some great amenities. It has 147 brand new units and is just steps off foodie haven Franklin Avenue and right around the corner from trendy food/beer hall Berg’n.

While the market-rate apartments are pretty par for the course (a one-bedroom goes for about $2,500/month and a two-bedroom for around $3,600), a housing lottery has launched today for 30 affordable units, including $913 one-bedrooms and $1,065 two-bedrooms for individuals and households earning between $31,303 and $51,780 annually.

505 Saint Mark's Avenue, Crown Heights rentals, NYC affordable housing, Isaac and Stern

The aforementioned amenities include a furnished roof deck with life-size chess set, fitness center, laundry room, bicycle room, indoor parking, and a resident lounge with a billiard table and ping-pong. Residents of the affordable units may have to pay an extra fee for these.

505 Saint Mark's Avenue, Crown Heights rentals, NYC affordable housing, Isaac and Stern

505 Saint Mark's Avenue, Crown Heights rentals, NYC affordable housing, Isaac and Stern

Apartments feature stainless steel appliances including dishwashers, Cesearstone counters, central air, and hardwood floors.

505 Saint Mark's Avenue, Crown Heights rentals, NYC affordable housing, Isaac and Stern

The lottery officially opens today and applications will be taken until July 26, 2016. Apply here. And view market-rate listings for 505 Saint Mark’s Avenue on CityRealty.

RELATED:

Find below 6sqft’s map of other ongoing housing lotteries:

Images are general listing photos and do not represent the actual units available through the lottery

Tags : ,

Neighborhoods : Crown Heights

MOST RECENT ARTICLES

  • Driving Barron Trump to school won’t leave NYC in total traffic chaos

    Driving Barron Trump to school won’t leave NYC in total traffic chaos

    It appears the Secret Service and NYPD are indeed taking measures to minimize the disruption caused by Melania and Barron staying ...
  • Map: Here’s where you can afford to live in NYC in 2018

    Map: Here’s where you can afford to live in NYC in 2018

    For New York home buyers, a lot can change in a year. A neighborhood that was considered affordable can all ...
  • A photographer’s classic Soho loft complete with furniture and art asks $10K/month

    A photographer’s classic Soho loft complete with furniture and art asks $10K/month

    The most interesting thing about Soho lofts is often the people who inhabit them; all begin as hangar-sized white spaces with ...
  • Get a free Shake Shack burger via their new app

    Get a free Shake Shack burger via their new app

    Even when all hope seems lost—there’s nothing like a free cheeseburger to raise morale. Shake Shack is celebrating the launch ...
  • Amtrak tearing down Penn Station departure board; Billy Bush lost $1.4M on his Chelsea house

    Amtrak tearing down Penn Station departure board; Billy Bush lost $1.4M on his Chelsea house

    Penn Station’s archaic-yet-iconic Amtrak departure board is officially coming down today to make way for a series of updated, smaller ...
  • De Blasio to allocate $300 million and accelerate construction of third NYC water tunnel

    De Blasio to allocate $300 million and accelerate construction of third NYC water tunnel

    City Water Tunnel No. 3, one of the largest capital projects in the city’s history; Images: NYC DEP Mayor Bill ...
  • Central Park South co-op of the late Doris Roberts lists for $3.3M

    Central Park South co-op of the late Doris Roberts lists for $3.3M

    Emmy-winning actress and animal-rights activist Doris Roberts (you probably know her best as Marie Barone from “Everybody Loves Raymond”) passed away ...
  • The Horse Plague of 1872 brought New York City to a screeching halt

    The Horse Plague of 1872 brought New York City to a screeching halt

    In the fall of 1872, an unfortunate horse plague swept across New York City after making its way through Toronto, ...
  • There are more skyscrapers in NYC than in the next 10 cities combined

    There are more skyscrapers in NYC than in the next 10 cities combined

    Given our growing obsession with skyscrapers–and our growing collection of them–we’re pleased to find that New York City has more skyscrapers than ...
  • Oscar-winning director Steven Soderbergh sells stylish Chelsea pad for $4.8M

    Oscar-winning director Steven Soderbergh sells stylish Chelsea pad for $4.8M

    All the way back in August 2014, 6sqft featured the $5 million listing for this stylish co-op at 147 West 22nd ...
  • Socialite Georgette Mosbacher lists luxurious full-floor, Fifth Avenue co-op for $29.5M

    Socialite Georgette Mosbacher lists luxurious full-floor, Fifth Avenue co-op for $29.5M

    This grand Fifth Avenue co-op belongs to the socialite and political fundraiser Georgette Mosbacher, who has hosted everyone from King ...
  • SPACE T2: A 1959 hunting shack transformed into an off-grid studio by Stephen Holl

    SPACE T2: A 1959 hunting shack transformed into an off-grid studio by Stephen Holl

    Space T2 is a minimal artist studio located in Rhinebeck, NY. Stephen Holl Architects built the off-grid cabin using what remained of ...

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.