Housing Lottery for Two $918/Month Apartments Across From MoMA PS1 in LIC Starts Today

Posted On Thu, January 7, 2016 By

Posted On Thu, January 7, 2016 By In affordable housing, housing lotteries, Long Island City

The affordable housing lottery for 21-03 46th Avenue in Long Island City officially opens today, and the brand new one-bedroom luxury units will be a mere $918, according to the NYC HPD. Apartments have private terraces, ten-foot ceilings, Brazilian cherry floors, chef’s kitchens with stainless steel appliances, and in-unit washers/dryers. Plus, the address is right across from MoMA PS1 and just a block away from the E, M, 7 and G subways. The catch? The building only has eight units and only two of these are deemed affordable.

21-03 46th Avenue, Long Island City, NYC affordable housing

21-03 46th Avenue, Long Island City, NYC affordable housing

21-03 46th Avenue, Long Island City, NYC affordable housing

The bulk of construction on the building (which has ground-floor commercial space) wrapped up about a year ago, and this past fall, four of the six market-rate apartments were rented. This included two 2-bedrooms for $3,300/month, another 2-bed for $3,200, and a one-bed for $2,600. Currently, a one-bedroom is listed for $2,800.

21-03 46th Avenue, Long Island City, NYC affordable housing

As for the two affordable units, in order to qualify as an individual, you’ll need to make between $31,475 and $36,300. Interestingly, the earning levels are the same for a two-person household. Those who qualify can apply here.

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Interior photos are of an unspecified unit

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Neighborhoods : Long Island City

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