Housing Lottery Launches For 1325 Southern Boulevard In Crotona Park East, The Bronx

 

The affordable housing lottery has launched for 1325 Southern Boulevard, an eight-story mixed-use building in Crotona Park East, The Bronx. Designed by Stat Architecture and developed under the 1319-25 Southern Boulevard LLC, the structure yields 31 residences. Available on NYC Housing Connect are 22 units for residents at 50 to 100 percent of the area median income (AMI), ranging in eligible income from $32,263 to $152,500.

1325 Southern Boulevard in Crotona Park East, The Bronx via NYC Housing Connect

Units include name-brand countertops and finishes, energy-efficient appliances, and hardwood floors. Tenants are responsible for electricity.

At 50 percent of the AMI, there are two studios with a monthly rent of $866 for incomes ranging from $32,263 to $56,500; and four one-bedrooms with a monthly rent of $1,092 for incomes ranging from $40,355 to $63,550.

At 60 percent of the AMI, there are two studios with a monthly rent of $1,066 for incomes ranging from $39,120 to $67,800; five one-bedrooms with a monthly rent of $1,342 for incomes ranging from $48,926 to $76,260; four two-bedrooms with a monthly rent of $1,601 for incomes ranging from $58,663 to $91,500; and two three-bedrooms with a monthly rent of $1,841 for incomes ranging from $67,783 to $105,060.

At 100 percent of the AMI, there is one studio with a monthly rent of $1,357 for incomes ranging from $49,098 to $113,000; one one-bedroom with a monthly rent of $1,517 for incomes ranging from $54,926 to $127,100; and one two-bedroom with a monthly rent of $1,938 for incomes ranging from $70,218 to $152,500.