The affordable housing lottery has launched for 1230 Prospect Avenue, an eight-story mixed-use building in Foxhurst, The Bronx. Designed by Badaly Architects and developed by Chris Miele, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $46,286 to $198,250.
Residents will have access to a shared laundry room, bicycle parking, storage, package lockers, and an outdoor recreational space on the second floor. Units come with intercoms, hardwood floors, air conditioning, valet trash, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity, which includes heat.
At 130 percent of the AMI, there are two studios with a monthly rent of $1,350 for incomes ranging from $46,286 to $146,900; three one-bedrooms with a monthly rent of $1,680 for incomes ranging from $57,600 to $165,230; and one two-bedroom with a monthly rent of $2,350 for incomes ranging from $80,572 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 September 15, 2023.
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