8 marcy avenue

affordable housing, housing lotteries, Williamsburg

Rendering courtesy of the NYC Department of Housing Preservation and Development

On the site of a former bank and large parking lot, a new 123-unit rental is rising in Williamsburg. Located at 416 Metropolitan Avenue, the eight-story building opened an affordable housing lottery this week for 37 mixed-income apartments. Qualifying New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, ranging from $1,576/month for studios to $3,733/month for two-bedroom units.

Find out if you qualify

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