The affordable housing lottery has launched for 1042 President Street, an eight-story residential building in Crown Heights, Brooklyn. Designed by S. Wieder Architects and developed by Jacob Fulop, the structure yields 55 residences and 19 parking spaces. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $53,726 to $122,000.
1042 President Street in Crown Heights, Brooklyn via NYC Housing Connect
1042 President Street in Crown Heights, Brooklyn via NYC Housing Connect
Amenities include pet-friendly policies, an elevator, gym, shared laundry room, bike storage, Amazon locker, and furnished roof deck with skyline views. Units come with energy-efficient appliances, air conditioning, and patios or balconies. Tenants are responsible for electricity.
At 130 percent of the AMI, there are four studios with a monthly rent of $1,448 for incomes ranging from $53,726 to $90,400; seven one-bedrooms with a monthly rent of $1,511 for incomes ranging from $56,572 to $101,680; and seven two-bedrooms with a monthly rent of $1,748 for incomes ranging from $65,555 to $122,000.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than December 26, 2023.
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