Housing Lottery Launches For 739 East Gun Hill Road In Williamsbridge, The Bronx

 

The affordable housing lottery has launched for 739 East Gun Hill Road, an eight-story residential building in Williamsbridge, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the structure yields 134 residences and 69 parking spaces. Available on NYC Housing Connect are 41 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,886 to $227,630.

Residents will have access to a code-protected fitness center, recreational area, and a shared laundry room. There will also be 24-hour surveillance, pet-friendly policies, and energy-efficient appliances. Tenants are responsible for electricity.

At 130 percent of the AMI, there are nine studios with a monthly rent of $2,155 for incomes ranging from $73,886 to $146,900; 11 one-bedrooms with a monthly rent of $2,239 for incomes ranging from $76,766 to $165,230; 17 two-bedrooms with a monthly rent of $2,516 for incomes ranging from $86,263 to $198,250; and four three-bedrooms with a monthly rent of $3,200 for incomes ranging from $109,715 to $227,630.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 16, 2023.