Housing Lottery Launches for 33 Franklin Street in Greenpoint, Brooklyn

The affordable housing lottery has launched for 33 Franklin Street, a seven-story mixed-use building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch, the structure yields 80 residences, ground-floor retail, and a garage with 32 parking spaces. Available on NYC Housing Connect are 24 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $55,680 to $165,230.

Amenities include pet-friendly policies, elevator, gym, a garage with assigned parking spaces, bike storage lockers, a shared laundry room, and a rooftop terrace. Residences come with dishwashers, energy-efficient appliances, air conditioning, patio or balconies, hardwood floors, and name-brand kitchen appliances, countertops, and finishes.

At 80 percent of the AMI, there are two studios with a monthly rent of $1,546 for incomes ranging from $55,680 to $90,400; 11 one-bedrooms with a monthly rent of $1,620 for incomes ranging from $59,383 to $101,680; and three two-bedrooms with a monthly rent of $1,881 for incomes ranging from $70,286 to $122,000.

At 130 percent of the AMI, there is one studio with a monthly rent of $3,069 for incomes ranging from $105,223 to $146,900, and seven one-bedrooms with a monthly rent of $3,253 for incomes ranging from $111,532 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 May 20, 2024.

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