Housing Lottery

Greenpoint And Williamsburg Housing Lotteries Open Now

434 Manhattan Ave.

The affordable housing gods have two current offerings in Greenpoint and Williamsburg for you to try your luck and apply for.

At 434 Manhattan Ave. there are two affordable apartments available. The one bedroom apartment is going for $985 per month and the two bedroom apartment is $1,114 per month. Income requirements range from $33,772 – $43,860 for single applicants for the one bedroom apartment, and from $38,195 – $50,100 for two applicants for the two bedroom apartment.

434 Manhattan Ave. income requirements

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“Affordable” Housing Lottery Now Open for $2100 Studio in Greenpoint

197 Freeman Street. via City Realty
197 Freeman Street. via City Realty

A studio apartment in a luxury Greenpoint building could be yours for the (low?) price of $2100, provided you make between $72k and $95k. The 4-floor 20 unit building boasts a gym, roof deck, laundry, and parking, but you’ll most likely have to fork over additional cash to make use of those sweet sweet amenities.

The housing lottery is now open for six units of varying sizes at 197 Freeman Street, with rents ranging from $2100 to $2715. A one bedroom with a private terrace in the building is currently listed at $3115 with no brokers fee. You can apply online for the units here, and the deadline is August 6th.

But with six figure income ranges for these “affordable” units, this housing lottery makes us wonder if the developer really should be entitled to any kind of tax benefit. What do you think, Greenpoint neighbors?

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Live by the Williamsburg Bridge for $865/month!

105 south 5th Street
105 South 5th Street

With the L-train shutdown on the horizon, living a stone’s throw from the Williamsburg Bridge might be your best bet for a livable commute. Now, such a living situation might be within reach! Applications are now open for 38 affordable units at 105 S. 5th Street.

The building boasts amenities including a rec room, laundry room, security system, electronic key entry, indoor bike parking, outdoor terrace, backyard and parking.

The lottery offers 9 studios for $865/month, 10 1-bedroom apartments for $929/month, and 19 2-bedroom apartments for $1,121/month.

The application deadline is June 22, 2018. Find out if you meet the lottery’s income requirements here!

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Live in a One-Bedroom on Manhattan Avenue for $1020/month

977 Manhattan Avenue
977 Manhattan Avenue via 6sqft

While many Greenpointers find it difficult to cheer constant “luxury” real estate development in the neighborhood, the situation may yield one perk: the housing lottery. The newest spot with apts on offer is 977 Manhattan Avenue, between India and Huron. The entire 14-unit building is going for a cool $14.25 Million, but New Yorkers earning 60% of the area median income can apply for 3 1-bedroom apartments, each asking $1,020/month, including utilities.

The environmentally conscious among us might be excited to know that the building is Green Certified, and sports energy-efficient elements, including solar panels. Other perks include a bike room, central air, and in-ceiling speakers.  Continue reading

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