Affordable Housing

Rent in a new East Williamsburg development for as low as $985/month—if you qualify

By Virginia K. Smith  | March 28, 2017 - 2:59PM

For prospective East Williamsburg renters on a budget, a post on NYC Housing Connect announcing that applications have just opened for eight affordable rentals in a brand new building on Montrose Avenue might be an answer.

But first, you have to meet income caps: There are four $985/month one-bedrooms and four $1,114/month two-bedrooms, for renters with annual household incomes between $33,772 and $54,360, depending on apartment and family size.

Check out the full list of apartment options and financial requirements below:

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According to YIMBY, 73 Montrose is a five-story, 36-unit development built on the site of a former neighborhood liquor store, and while StreetEasy notes amenities such as a fitness center and roof deck, none are mentioned in the Housing Connect listing, so it's unclear if they'll be available to renters in the cheaper apartments. (Currently, a market-rate three-bedroom is available in the building asking $4,250/month.)

As usual for this type of listing, preference for half of the apartments will be given to current neighborhood residents, which in this case means residents of Brooklyn Community Board 1.

If you're interested and think you qualify, you can create a profile and apply online via NYC Housing Connect, or request a paper application by mailing a self-addressed envelope to MONTROSE PARK LLC C/O Metropolitan Reality Exemptions, 118 Middleton Street, Brooklyn NY, 11206. (Don't apply more than once, or you could be disqualified altogether.)

Applications are due by April 17th.

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 this or other affordable housing developments, please go to the NYC Housing Connect website for information and instructions.

 

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