NYC affordable housing

$2,544 for One-Bedroom Apartment in Greenpoint Affordable Housing Lottery

196 Freeman St. (Via NYC Housing Connect)

A handful of new “affordable” apartments have hit the market via the NYC Housing Connect lottery. The former three-story mixed-use building at 196 Freeman St. between Manhattan Avenue and Mcguinness Boulevard was demolished to make way for the construction of the new four-story building with 10 apartments; apply by May 6th.

At 196 Freeman St. a one-bedroom unit is available for $2,544 per month for one to two occupants with an annual household income between $87,223 – $108,550. Market rate one-bedroom units at the building are listed for $2,850 per month.

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Affordable Lottery Opens at McGuinness Boulevard Luxury Development

The former Pep Boys that is now home to Otto Greenpoint (Google Maps)

If you are dreaming of living in luxury directly on McGuinness Boulevard surrounded by gas stations in the footprint of a former Pep Boys Auto Shop, then you’re in luck. The city’s affordable housing lottery presents you the opportunity to apply for one of the 60 low and middle-income units at The Otto Greenpoint, a 197 unit “luxury” development at 211 McGuinness Blvd that markets itself as “community-forward.” The lottery is open through March 6.

According to Otto’s website, amenities include “a full time front desk concierge, a community lounge, library and co-working space, a resident’s gaming lounge, a state-of-the-art penthouse fitness center and an expansive rooftop with pool, hot tub, BBQs, lawn areas, outdoor TV and 360-degree views of New York City.”

Otto Greenpoint (Google Maps)

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