Lottery opens for 28 affordable apartments in Alphabet City, from $596/month

Posted On Thu, April 26, 2018 By

Posted On Thu, April 26, 2018 By In affordable housing, East Village, housing lotteries

Photo via Paul Sableman/Flickr

A 110-unit, mixed-use project in Alphabet City is nearing completion, and with that, has just launched its affordable housing lottery for 28 apartments. The mixed-income units are available to those earning 40, 60, and 130 percent of the area median income and range from $596/month studios to $2,519/month two-bedrooms. The 75/25 project at 79 Avenue D offers a terrace, landscaped roof deck, fitness center, lounge, bike room, and, of course, proximity to all the trendy spots in the East Village and Lower East Side.

L+M Development Partners bought the side at Avenue D and 6th Street in 2014 for $12.5 million with plans for a 12-story mixed-use building. It previously housed a Rite Aid, which already pre-leased retail space when the building opens.

Qualifying New Yorkers can apply for the affordable units at 79 Avenue D (also known as 751 East 6th Street) until June 26, 2018. 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. And find future market-rate listings for 79 Avenue D here.

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Neighborhoods : alphabet city,East Village

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