The affordable housing lottery has launched for 540 Graham Avenue, a five-story mixed-use building in Greenpoint, Brooklyn. Designed by Issac & Stern Architects and developed by Greenline Real Estate, the structure yields 25 residences, 13 parking spaces, and ground-floor retail space. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,086 to $165,230. One-bedroom tenants get one month free rent and studio tenants get two months free rent.
540 Graham Avenue in Greenpoint, Brooklyn via NYC Housing Connect
540 Graham Avenue in Greenpoint, Brooklyn via NYC Housing Connect
Amenities include pet-friendly policies, a garage with electric car charging stations, gym with yoga/dance studio, spa, storage, and a rooftop terrace. Residences come equipped with washers and dryers, name-brand kitchen appliances, countertops, and finishes, air conditioning, high-speed internet, intercoms, and patios or balconies. Tenants are responsible for electricity.
At 130 percent of the AMI, there is one studio with a monthly rent of $2,890 for incomes ranging from $99,086 to $146,900; and seven one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 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 August 25, 2023.
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not affordable housing but
INCOME LINKED HOUSING FOR UPPER MIDDLE AND UPPER INCOME ONLY at 130% AMI
What a joke
421A is dead
At 130 percent of the AMI, there is one studio with a monthly rent of $2,890 for incomes ranging from $99,086 to $146,900; and seven one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 to $165,230.