
"The building includes 74 apartments, a gym, and a community center, with 20 one- and two-bedroom units available in the lottery, all income restricted and rent stabilized."
"Sixteen truly affordable units are designated for families earning 40 to 60 percent of the Area Median Income, with income limits set between $42,343 and $105,000."
"Apartments feature white and light wood finishes, floor-to-ceiling windows, and include washers and dryers, dishwashers, and air conditioning, with various building amenities."
The new nine-story development at 2892 Nostrand Avenue offers 20 income-restricted apartments through a lottery. Sixteen units are truly affordable for families earning 40 to 60 percent of the Area Median Income, with rents ranging from $1,019 to $1,901. The building features amenities like a gym, community center, and outdoor terraces. Designed by Fischer Makooi Architects, the apartments include modern finishes and appliances. Tenants are responsible for electricity, while hot water is included in the rent. Pets are allowed with a deposit.
#affordable-housing #midwood #housing-lottery #income-restricted-apartments #real-estate-development
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