The affordable housing lottery has launched for 1135 Teller Avenue, an eight-story residential building in Concourse, The Bronx. Designed by Sion Consulting Engineering and developed by Gurwinder Singh of Kulwant Teller Inc., the structure yields 44 residences. Available on NYC Housing Connect are 43 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,880 to $198,250.
Amenities include assigned parking spaces, recreation room, gated access, and an elevator. Residences are equipped with air conditioning, high-speed internet, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 28 one-bedrooms with a monthly rent of $3,059 for incomes ranging from $104,880 to $165,230, and 15 two-bedrooms with a monthly rent of $3,599 for incomes ranging from $123,395 to $198,250.
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 29, 2023.
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