Photo of Coney Island by Shinya Suzuki on Flickr

Here’s a chance to live a block from Coney Island‘s beloved beach and boardwalk of  at a discount. A housing lottery launched this week for 138 affordable apartments at a new complex on Surf Avenue and West 20th Street in the Brooklyn neighborhood. Dubbed Raven Hall, the development has on-site laundry, a community center, a fitness center, and a rooftop terrace with ocean views. New Yorkers earning 40, 50, 60, and 100 percent of the area median income can apply for the units, priced from $558/month studios to $2,229/month three-bedrooms.

Find out if you qualify

In 2009, former Mayor Bloomberg rezoned the Coney Island waterfront to accommodate new residential and commercial development. While the city has moved ahead to build more amusement park rides at this popular summer destination, there hasn’t been an explosion of new residential development since the rezoning.

But plans are moving ahead for a nine-story building designed to hold 135 affordable and supportive housing apartments right along the boardwalk. In April, developers Georgica Green Ventures and Concern for Independent Living filed plans for the new building at 2002 Surf Avenue, reports CityRealty.com. Called Surf Vets Plaza, the building will totally transform the corner of West 21st Street and Surf Avenue, which is now a 170,000-square-foot vacant lot.

Read more about the development plans