The affordable housing lottery has launched for Prosper Brooklyn, a 17-story residential building at 1042 Atlantic Avenue in Crown Heights, Brooklyn. Designed by Issac & Stern and developed by Elie Pariente of EMP Capital Group, the structure yields 193 residences. Available on NYC Housing Connect are 65 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $34,492 to $227,500.
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Amenities include pet-friendly policies, a garage with electric vehicle charging stations, bike storage lockers, a shared laundry room, common area Wi-Fi, media room, children’s playroom, game room, movie theater, pet washing station, coworking lounge, rooftop terrace, storage, gym, a sauna with a cold plunge pool, a pickleball court, doorman, and an on-site resident manager. Residences are equipped with washers and dryers, dishwashers, air conditioning, intercoms, patios or balconies, and name-brand kitchen countertops and finishes. Tenants are responsible for electricity including stove, heat, and hot water.
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
At 40 percent of the AMI, there are ten studios with a monthly rent of $844 for incomes ranging from $34,492 to $51,840; 28 one-bedrooms with a monthly rent of $869 for incomes ranging from $36,652 to $58,320; and 11 two-bedrooms with a monthly rent of $976 for incomes ranging from $43,475 to $70,000.
At 60 percent of the AMI, there are three studios with a monthly rent of $1,483 for incomes ranging from $56,400 to $77,760.
At 130 percent of the AMI, there is one studio with a monthly rent of $2,400 for incomes ranging from $72,000 to $124,150; nine one-bedrooms with a monthly rent of $2,790 for incomes ranging from $76,149 to $139,620; and three two-bedrooms with a monthly rent of $3,250 for incomes ranging from $121,440 to $227,500.
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prosper Brooklyn at 1042 Atlantic Avenue in Crown Heights, Brooklyn via NYC Housing Connect
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than April 13, 2026.
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It’s unfortunate that none of the trees in this rendering exist, neither on the street nor on the building. This stretch of Atlantic Ave needs a lot of work to become more pedestrian-friendly. I hope we’re learning from the mistakes of 4th Ave.
Let’s cut the renderer some slack. They had to use something to cover up that Cube Smart building (which from a smart land use perspective in a city short on housing, should no longer get built). Hopefully, the recently approved AAMUP rezoning will result in self-storage buildings being replaced by housing along this TOD corridor.
BTW: This building looks like a nice riff on One Boerum Place.
Wouldn’t be the first time I&S has ripped off another design.
Man this is a great looking project.
Atlantic Ave the next 4th avenue depressing and ugly stretch
Are you blind?
Drop in induction cooktop OMG
I love it. To live there will be one of my dreams coming true