White Castle-replacing Williamsburg rental launches lotto, affordable units from $867/month

Posted On Fri, May 19, 2017 By

Posted On Fri, May 19, 2017 By In affordable housing, housing lotteries, Williamsburg

371 Humboldt Street via A&D Engineering

Back in late 2014, East Williamsburg‘s much-loved White Castle outpost shuttered suddenly after the site sold the year before to an investment group for $6.72 million. Burgeoning Brooklyn developer Adam America then stepped in to create, in his own words, “the next hottest development in the area” thanks to its location “just minutes away from an endless amount of cool hangouts.” Architects Issac & Stern designed his vision as a six-story brick and metal rental that makes a nod to the area’s industrial past. Now that the building at 781 Metropolitan Avenue is nearing completion, twenty percent of its 58 units have come online through the city’s affordable housing lottery. These 16 units are reserved for those earning 60 percent of the area median income and range from $867/month studios to $1,123/month two-bedrooms.

The building is conveniently located directly above the Graham Avenue L station. Amenities will include washer/dryers, a gym, tenant lounge, and roof deck.

Qualifying New Yorkers can apply for the affordable apartments at 781 Metropolitan Avenue starting Monday, May 22 until June 13, 2017. Complete details on how to apply are available here (pdf).Residents of Brooklyn Community Board 1 will be given preference for 50 percent of the units. 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’s no-fee rentals page for other apartment deals in the city. And view future market rate listings for 781 Metropolitan Avenue here.

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Neighborhoods : Williamsburg

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