The affordable housing lottery has launched for 1258 Shakespeare Avenue, a seven-story residential building in Highbridge, The Bronx. Designed by Nikolai Katz Architect and developed by Skyrock NYC Development, the structure yields 90 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $165,230.
Amenities include pet-friendly policies, a shared laundry room, accessible entrance, security cameras, and an elevator. Residences come equipped with air conditioning, high-speed internet, smart controls for heating and cooling, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 19 one-bedrooms with a monthly rent of $3,126 for incomes ranging from $107,178 to $165,230.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than October 6, 2023.
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