Cavu Property Group

550 Prospect Place in Crown Heights, Brooklyn. All images courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 550 Prospect Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for 550 Prospect Place, a seven-story residential building in Crown Heights, Brooklyn. Designed by IMC Architecture with interiors by StudiosC and developed by Cavu Property Group, the structure yields 45,119 square feet and 41 units. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,395 to $167,570.

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