Housing Lottery Launches for 1510 Broadway in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 1510 Broadway, an eight-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by Gluck+ and developed by MacQuesten Development, the structure yields 108 residences. Available on NYC Housing Connect are 90 units for residents at 30-80 percent of the area median income (AMI), ranging in eligible income from $19,578 to $154,080.

Amenities include pet-friendly policies, recreation room, bike storage lockers, a shared laundry room, common area Wi-Fi, package lockers, outdoor terraces, and an on-site resident manager. Residences come with energy-efficient appliances, air conditioning, and hardwood floors.

At 30 percent of the AMI, there are two studios with a monthly rent of $486 for incomes ranging from $19,578 to $37,290; four one-bedrooms with a monthly rent of $617 for incomes ranging from $24,480 to $41,940; three two-bedrooms with a monthly rent of $727 for incomes ranging from $29,315 to $50,310; and one three-bedroom with a monthly rent of $829 for incomes ranging from $33,875 to $57,780.

At 50 percent of the AMI, there are two studios with a monthly rent of $910 for incomes ranging from $34,115 to $62,150; 12 one-bedrooms with a monthly rent of $1,146 for incomes ranging from $42,618 to $69,900; ten two-bedrooms with a monthly rent of $1,363 for incomes ranging from $51,120 to $83,850; and three three-bedrooms with a monthly rent of $1,563 for incomes ranging from $59,040 to $96,300.

At 60 percent of the AMI, there are four one-bedrooms with a monthly rent of $1,411 for incomes ranging from $51,703 to $83,880; three two-bedrooms with a monthly rent of $1,681 for incomes ranging from $62,023 to $100,620; and one three-bedroom with a monthly rent of $1,930 for incomes ranging from $71,623 to $115,560.

At 80 percent of the AMI, there are three studios with a monthly rent of $1,546 for incomes ranging from $55,920 to $99,440; 18 one-bedrooms with a monthly rent of $1,941 for incomes ranging from $69,875 to $111,840; 18 two-bedrooms with a monthly rent of $2,316 for incomes ranging from $83,795 to $134,160; and six three-bedrooms with a monthly rent of $2,664 for incomes ranging from $96,789 to $154,080.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than July 18, 2024.

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