The affordable housing lottery has launched for 524 Ocean View Avenue, a five-story residential building in Brighton Beach, Brooklyn. Designed by Zproekt Architects and developed by Raymond Guindi, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Residential amenities include gated access, elevator, recreation room, bike storage lockers, and a garage. Units come equipped with smart controls for heating and cooling, washers and dryers, dishwashers, name brand appliances and finishes in the kitchen, air conditioning, high-speed internet, and balconies. Tenants are responsible for electricity.
At 130 percent of the AMI, there are five one-bedrooms with a monthly rent of $1,850 for incomes ranging from $63,429 to $139,620; and three two-bedrooms with a monthly rent of $2,200 for incomes ranging from $75,429 to $167,570.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than January 24, 2022.