The affordable housing lottery has launched for 1661 Madison Avenue, an eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure yields 14 residences. Available on NYC Housing Connect are five units with a 2.5-month concession for residents at 130 percent of the area median income (AMI), ranging in eligible income from 101,143 to $156,130.
Amenities include pet-friendly policies, bike storage lockers, shared laundry room, elevator, virtual doorman, and a rooftop terrace. Residences come with air conditioning, high-speed internet, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are five one-bedrooms with a monthly rent of $2,950 for incomes ranging from $101,143 to $156,130.
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 30, 2023.