The affordable housing lottery has launched for 388 Vernon Avenue, a five-story residential building in Bedford Stuyvesant, The Bronx. Designed by Issac & Stern Architects and developed by Farhad Bokhour, the structure yields 27 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 $104,572 to $181,740.
Amenities include a dog park, garage with assigned parking spaces and electric vehicle charging stations, a shared laundry room, common area wifi, gym, recreation room, fated access, package lockers, elevator, and outdoor terraces included a rooftop terrace. Tenants are responsible for electricity and gas.
At 130 percent of the AMI, there are three one-bedrooms with a monthly rent of $3,050 for incomes ranging from $104,572 to $181,740.
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 8, 2024.
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Nice building