The affordable housing lottery has launched for 881 Lexington Avenue, a six-story mixed-use building in Stuyvesant Heights, Brooklyn. Designed by Issac & Stern Architects and developed by Hung Pin Hung of Pro H Designs, the structure yields 24 residences, ground-floor commercial space, and 12 parking spaces. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $156,130.
Amenities include pet-friendly policies, assigned parking spaces, bike storage lockers, gym, yoga and dance studio, virtual doorman, gated access, storage, and outdoor areas including a rooftop terrace. Units include name-brand kitchen appliances, countertops, and finishes, washers and dryers, dishwashers, air conditioning, high-speed internet, and hardwood floors.
At 130 percent of the AMI, there is one studio with a monthly rent of $1,800 for incomes ranging from $61,715 to $138,840; and seven one-bedrooms with a monthly rent of $2,200 for incomes ranging from $75,429 to $156,130.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 31, 2022.
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