Housing lottery launches for 26 rent-stabilized apartments in South Williamsburg
- Households that earn $117,738 to $218,010 are eligible to apply, and rents start at $3,434 for a studio
- The pet-friendly new development at 478 Kent Ave. has a pool and basketball court—for a fee
Housing lottery applications are open for 26 rent-stabilized apartments at a new development in South Williamsburg—but that doesn’t mean these units come cheap. Households that earn $117,738 to $218,010 are eligible to apply, depending on the number of people you live with, and rents start at $3,434 for a studio.
The pet-friendly building at 478 Kent Ave. has a gym, dog park, terrace, bike storage lockers, a shared laundry room, yoga studio, and pool—but renters will have to pay even more to access some of these amenities, according to NYC Housing Connect. It’s located just over half a mile from the Marcy Avenue subway station, serving the J, M, and Z lines.
Developed by the Naftali Group and Access Industries, the building is part of a multi-tower complex on the Williamsburg waterfront. The building at 478 Kent Ave. will hold 378 apartments total—including some condos—with tenants moving in this spring, according to Corcoran.
The apartments are set aside for New Yorkers earning 130 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a two-person household. The apartments available include studios as well as one-, two-bedroom apartments.
There are 13 one-bedroom apartments available for households earning from $125,966 to $181,740. The rent for these apartments is $3,674.
Applications must be submitted online or postmarked no later than April 14th.
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.
