The affordable housing lottery has launched for 269 Wallabout Street, an eight-story mixed-use building in South Williamsburg, Brooklyn. Designed by Fischer + Makooi Architect and developed by Rabsky Group, the structure yields 159,098 square feet and 128 parking spaces. Available on NYC Housing Connect are 77 units for residents at 40 to 115 percent of the area median income (AMI), ranging in eligible income from $29,760 to $202,515.
Amenities include a garage, bike storage lockers, elevator, and a shared laundry room. Residences come equipped with dishwashers, intercoms, energy-efficient appliances, patios or balconies, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 40 percent of the AMI, there are 40 units with a monthly rent ranging from $770 to $1,157 for incomes ranging from $29,760 to $70,440. At 60 percent of the AMI, there are 22 units with a monthly rent ranging from $1,196 to $1,816 for incomes ranging from $44,366 to $105,660. At 115 percent of the AMI, there are 15 units with a monthly rent ranging from $2,200 to $3,250 for incomes ranging from $75,429 to $202,515.
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 9, 2023.
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