The affordable housing lottery has launched for 52 Fourth Avenue, a nine-story residential building in Boerum Hill, Brooklyn. Designed by Gertler & Wente Architects and developed by Metropolitan Realty Exemptions under the RJ 4th Avenue LLC, the structure yields 52 residences. Available on NYC Housing Connect are 19 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $39,189 to $189,540.
Amenities include bike storage lockers, package lockers, recreation room, virtual doorman, elevator, dog washing station, gym, storage, and a rooftop terrace. Residences include washers and dryers. Tenants are responsible for electricity, including stove, heat, and hot water.
At 40 percent of the AMI, there are five one-bedrooms with a monthly rent of $869 for incomes ranging from $39,189 to $58,320, and two two-bedrooms with a monthly rent of $976 for incomes ranging from $47,966 to $70,000.
At 60 percent of the AMI, there are eight one-bedrooms with a monthly rent of $1,399 for incomes ranging from $57,360 to $87,480.
At 130 percent of the AMI, there are three one-bedrooms with a monthly rent of $3,253 for incomes ranging from $120,926 to $189,540, and one one-bedroom with a monthly rent of $3,674 for incomes ranging from $135,360 to $189,540.
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 5, 2026.
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A time machine to the mid-2000s?
In Twenty years when you go back to visit the neighborhood area you won’t recognize it. Everything will be different. Re developed. It is like being in a time capsule when you think of it. Only if you have been around for a while before the massive building changes.
Who is the Management Company for this building?