The affordable housing lottery has launched for 1819 Sedgwick Avenue, a five-story residential building in Morris Heights, The Bronx. Designed by Bahary Architecture and developed by Gabriel & Juliet Inc., the structure yields nine residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $110,880 to $227,630.
Residences come with dishwashers, name-brand kitchen countertops and finishes, energy-efficient appliances, air conditioning, smart controls for heating and cooling, and intercoms. Tenants are responsible for electricity, which includes stove, heat, and hot water.
At 130 percent of the AMI, there are six one-bedrooms with a monthly rent of $3,234 for incomes ranging from $110,880 to $165,230, and one three-bedroom with a monthly rent of $4,341 for incomes ranging from $148,835 to $227,630.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than February 26, 2024.
EDITOR'S NOTE:
AFFORDABLE?
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