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.
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.
Apartments feature stainless steel appliances including dishwashers, Cesearstone counters, central air, and hardwood floors.
- Lottery Launches for 181 Affordable Units in Pacific Park’s Modular Tower
- Lottery Launches for 29 Affordable Units at Extell’s 70 Charlton in West Soho, From $833/Month
- 7,500-Name Waitlist Opens for 975 Affordable Units at Harlem’s Riverton Complex
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
Neighborhoods : Crown Heights