Thursday, June 2, 2022

Affordable Housing Lottery Launches For 1985 Honeywell Avenue In West Farms, The Bronx

 


The affordable housing lottery has launched for 1985 Honeywell Avenue, an eight-story mixed-use building in West Farms, The Bronx. Designed by Fred Geremia Architects & Planners and developed by Durgaj Properties, the structure yields 33 residences. Available on NYC Housing Connect are 10 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $60,000 to $187,330.

Amenities include assigned parking spaces, bike storage, elevator, digital intercom system, a shared laundry room, and storage. Tenants are responsible for electricity.

At 130 percent of the AMI, there are two studios with a monthly rent of $1,750 for incomes ranging from $60,000 to $138,840; six one-bedrooms with a monthly rent of $1,850 for incomes ranging from $63,429 to $156,130; and two two-bedrooms with a monthly rent of $2,000 for incomes ranging from $68,572 to $187,330.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than June 21, 2022.

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