Lottery launches for middle-income units at new Clinton Hill rental, from $2,431/month
Rendering courtesy of NYC Department of Housing Preservation & Development
A housing lottery opened this week for about a dozen apartments in Brooklyn’s charming Clinton Hill neighborhood. Located at 445 Vanderbilt Avenue, the development is part of a larger complex that also includes seven three-story townhouses currently under construction on the other side of the property. The “affordable” units available through the housing lottery don’t provide much of a discount, with apartments set aside for New Yorkers earning 130 percent of the area median income. Units include three $2,431/month studios, $2,592/month one-bedrooms, and $3,090/month two-bedrooms. The current median rental price in the neighborhood is $2,825/month, according to data from CityRealty.
Designed by Marvel Architects, 445 Vanderbilt Avenue rises five stories and contains 43 units. There are 25 parking spaces and storage for 22 bicycles.
Additional amenities include in-unit laundry, dishwashers, and high-end appliances. There is also a rooftop terrace and gym. The nearest transit stop is the A,C subway at the Clinton-Washington Avenue station.
As Brownstoner reported, the new development replaces three buildings, including a stand-alone mansion and a pair of two-story buildings, one being a carriage house. The property was owned by Adult & Teen Challenge, a Christian group with a focus on drug and alcohol addiction treatment. The organization sold the property to 444 Clinton LLC for $17 million in July 2019, the website noted.
Qualifying New Yorkers can apply for the affordable units until August 10, 2021. Complete details on how to apply are available here. 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.
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