Saturday, August 7, 2021

Affordable Housing Lottery Launches For 283 Units At 1755 Watson Avenue In Soundview, The Bronx

 

 1755 Watson Avenue In Soundview, 

The affordable housing lottery has launched for 1755 Watson Avenue, a nine-story mixed-use building in Soundview, The Bronx. Designed by Aufgang Architects and developed by Azimuth Development Group, the structure yields 312,880 square feet for 326 residences, amenities, parking, ground-floor retail, and space for the Bronx Pentecostal Deliverance center. Available on NYC Housing Connect are 283 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $15,052 to $148,000.

Residents will have access to a wide range of amenities including outdoor terraces, outdoor recreation area, a community lounge, media room, yoga room, bicycle storage, shared laundry room, and parking. Units will have name-brand appliances and finishes and laminate flooring.

At 30 percent of the AMI, there are 33 units ranging from studios to three-bedrooms with a monthly rents ranging from $375 to $672 for incomes ranging from $15,052 to $44,400.

At 40 percent of the AMI, there are 50 units ranging from studios to three-bedrooms with a monthly rents ranging from $535 to $949 for incomes ranging from $20,538 to $59,200.

At 50 percent of the AMI, there are 31 units ranging from studios to three-bedrooms with a monthly rents ranging from $696 to $1,227 for incomes ranging from $26,058 to $74,000.

At 60 percent of the AMI, there are 75 units ranging from studios to three-bedrooms with a monthly rents ranging from $856 to $1,504 for incomes ranging from $31,543 to $88,800.

At 100 percent of the AMI, there are 94 units ranging from studios to three-bedrooms with a monthly rents ranging from $1,225 to $2,143 for incomes ranging from $44,195 to $148,000.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than October 4, 2021.

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