By: Vanessa Londono 7:00 am on July 23, 2022
The affordable housing lottery has launched for 1101 President Street, a 15-story mixed-use building in Crown Heights, Brooklyn. Designed by Marvel Architects and developed by BFC Partners, the structure yields 355 residences and 118 parking spaces. Available on NYC Housing Connect are 160 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $18,515 to $99,300.
1101 President Street in Crown Heights, Brooklyn via NYC Housing Connect
1101 President Street in Crown Heights, Brooklyn via NYC Housing Connect
Residences come with name-brand finishes, ample closet space, and energy-efficient appliances including washers and dryers and dishwashers. Amenities include bike storage lockers, recreation room, security cameras, gym, business center, concierge, and outdoor areas including a rooftop terrace. Tenants are responsible for electricity.
1101 President Street in Crown Heights, Brooklyn via NYC Housing Connect
1101 President Street in Crown Heights, Brooklyn via NYC Housing Connect
At 30 percent of the AMI, there are 21 units with a monthly rent ranging from $465 to $800 for incomes ranging from $18,515 to $49,650. At 40 percent of the AMI, there are 19 units with a monthly rent ranging from $665 to $1,147 for incomes ranging from $25,372 to $66,200. At 50 percent of the AMI, there are 19 units with a monthly rent ranging from $866 to $1,494 for incomes ranging from $32,263 to $82,750. At 60 percent of the AMI, there are 101 units with a monthly rent ranging from $1,066 to $1,841 for incomes ranging from $39,120 to $99,300.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than September 19, 2022.
Subscribe to YIMBY’s daily e-mail Follow YIMBYgram for real-time photo updates Like YIMBY on Facebook Follow YIMBY’s Twitter for the latest in YIMBYnews
Your email address will not be published.
© COPYRIGHT New York YIMBY LLC, 2022