Affordable Housing

Senior housing lottery launches for 39 rent-stabilized apartments in East Flatbush

  • Your household must have at least one person who is 62 years old or older to apply
  • The four-story building has a community center, bike lockers, and a greenhouse
  • New Yorkers who qualify for Section 8 and make no more than $69,900 are eligible
Celia Young Headshot
By Celia Young  |
September 12, 2024 - 12:30PM
A rendering of the four-story development at 604 East 40th Street.

A rendering of the four-story development at 604 East 40th St.

NYC Housing Connect

Housing lottery applications are open for 39 rent-stabilized apartments at a new development in East Flatbush, Brooklyn. Senior New Yorkers who earn up to $69,900 and qualify for a Section 8 housing voucher are eligible to apply, depending on the size of their household. Rents are capped at 30 percent of a household’s income.

The building at 604 East 40th St. has a community center, bike lockers, and a greenhouse. It’s located about half a mile from the Newkirk Avenue–Little Haiti subway stop, serving the 2 and 5 trains.

The inside of one of the kitchens at 604 East 40th Street, dubbed the Bethany Senior Terraces.
Caption

The inside of one of the kitchens at 604 East 40th St., dubbed Bethany Terraces.

Developed by RiseBoro Community Partnership, the four-story building is reserved for New Yorkers who are 62 years of age or older, or live with a family member of that age. Applicants also need to qualify for Section 8, a housing voucher program that pays a tenant’s rent.

The apartments are set aside for New Yorkers earning from 50 percent of the area median income (AMI)—a metric that depends on how many people you live with. The AMI for New York City is $108,700 for a single person. The apartments available include studios as well as one-bedroom apartments. 

There are 31 one-bedroom apartments available for households earning up to $62,150. Another 18 units are set aside for formerly homeless individuals.

A view into a living room of one of the units at 604 East 40th Street.
Caption

A view into a living room of one of the units at 604 East 40th Street.

The developers have set aside 5 percent of the apartments for residents with mobility needs, and another two percent for those with vision and hearing needs. 

Applications must be submitted online or postmarked no later than Oct. 23rd.

If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”

For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.

Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.

Celia Young Headshot

Celia Young

Senior Writer

Celia Young is a senior writer at Brick Underground where she covers New York City residential real estate. She graduated from Brandeis University and previously covered local business at the Milwaukee Business Journal, entertainment at Madison Magazine, and commercial real estate at Commercial Observer. She currently resides in Brooklyn.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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