The affordable housing lottery has launched for 27-23 27th Street, a four-story residential building in Astoria, Queens. Designed by Gerald J. Caliendo and developed by BXP LLC, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,086 to $165,230.
Residences come with dishwashers, air conditioning, intercoms, high-speed internet, hardwood floors, patios or balconies, and name-brand kitchen appliances, countertops, and finishes. Amenities include an outdoor terrace, a rooftop terrace, security cameras, elevator, and package lockers. Tenants are responsible for electricity which includes heat, hot water, and stove.
At 130 percent of the AMI, there is one studio with a monthly rent of $2,890 for incomes ranging from $99,086 to $146,900, and two one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 to $165,230.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than November 22, 2023.
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Insane prices for that section of Astoria. How is this affordable to live near Astoria blvd and the freeway?
Yeah. Not an expert on that area but even for market rate this feels high…