152 East 116th Street, second from right. Photo © Ondel Hylton/CityRealty
An affordable housing lottery has opened for seven income-restricted HDFC co-ops in East Harlem. The two-bedroom apartments, located at 152 East 116th Street, are available to those earning 90 percent of the area median income, which correlates to a two-person household earning between $70,672 and $85,950 annually up to a five-person household earning between $70,672 and $116,010. The estimated sale price of the units is $208,854 and those selected will have to put a minimum of three percent down.