The affordable housing lottery has launched for 1641 Andrews Avenue, a five-story residential development in Morris Heights, The Bronx. Built in 1925 and most recently renovated in 2016, the 55,750-square-foot building yields 61 units. Available on NYC Housing Connect are 21 units for residents at 120 percent of the area median income, ranging in eligible income from $28,663 to $180,120.
Residential amenities include a shared laundry room, security cameras, and an n-site resident manager. Units include energy-efficient appliances and hardwood floors.
At 120 percent of the AMI, there is one studio with a $750 monthly rent for incomes ranging from $28,663 to $109,200; seven one-bedrooms with a $1,050 monthly rent for incomes ranging from $39,326 to $122,880; and four one-bedrooms with a $1,060 monthly rent for incomes ranging from $39,669 to $122,880.
At 120 percent of the AMI, there is six two-bedrooms with a $1,350 monthly rent for incomes ranging from $50,435 to $147,360; one two-bedroom with a $1,397 monthly rent for incomes ranging from $52,046 to $147,360; one three-bedroom with a $1,800 monthly rent for incomes ranging from $66,720 to $169,200, and one four-bedroom with a $2,424 monthly rent for incomes ranging from $88,972 to $180,120.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than March 22, 2021.
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