The NYC housing lottery is now open for 121 affordable units at 420 Kent Ave., the new luxury waterfront development from former Governor Eliot Spitzer; apply by May 29th.

The development has 857 units total spread among three incongruent 22-story towers with a landscaped esplanade on the East River.

420 Kent Ave.: looking South on Kent Avenue (via Google Maps)

70 studio apartments for $867 per month are available for one to two occupants with an annual household income between $31,680 and $43,860.

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27 one-bedroom apartments for $931 per month are available for one to two occupants with an annual household income between $33,943 and $50,100.

24 two-bedroom apartments for $1,123 per month are available for one to four occupants with an annual household income between $40,560 and $62,580.

420 Kent Ave., where an iron foundry and other commercial industries once-operated underwent an environmental cleanup through the NY Brownfield Cleanup Program, and “contaminants of concern” such as benzene and trichloroethene were removed and a vapor mitigation system installed.

Rendering of a model unit

The affordable lottery units are significantly cheaper than the market-rate units listed on 420 Kent’s site that advertises two-bedroom units going for as much as $6,600 per month.

Amenities for the building listed on NYC Housing Connect include gym access, lounge, laundry, and concierge service.

Half of the 121 affordable units will be reserved for Brooklyn Community Board 1 residents.

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  1. I have sent in a paper application this time! Hoping for something, as I am a single mom and paying $1603. And I only earn $2400 per month including child support. A tiny tiny one bedroom- my son has that- I have an IKEA sofa. Incredibly small and not nice – hoping to be called for one of these lottery apt. That would be an awesome blessing!!

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