The affordable housing lottery has launched for Edgemere Commons, a 17-story mixed-use building at 5123 Beach Channel Drive in Far Rockaway, Queens. Designed by Aufgang Architects and developed by The Arker Companies and Slate Property Group, the structure yields 194 affordable apartments, a 23,000-square-foot supermarket, and 133 parking spaces. Available on NYC Housing Connect are 134 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $24,480 to $154,080.
Amenity spaces consist of a shared laundry room, bike storage, community room, a recreation room, and outdoor space including a rooftop terrace. Tenants are responsible for electricity, including electric stove. Rent includes heat and hot water.
At 30 percent of the AMI, there are 16 one-bedrooms with a monthly rent of $617 for incomes ranging from $24,480 to $41,940; 20 two-bedrooms with a monthly rent of $728 for incomes ranging from $29,349 to $50,310; and two three-bedrooms with a monthly rent of $830 for incomes ranging from $33,909 to $57,780.
At 60 percent of the AMI, there are 49 one-bedrooms with a monthly rent of $1,411 for incomes ranging from $51,703 to $83,880; 19 two-bedrooms with a monthly rent of $1,682 for incomes ranging from $62,058 to $100,620; and three three-bedrooms with a monthly rent of $1,931 for incomes ranging from $71,658 to $115,560.
At 80 percent of the AMI, there are 12 one-bedrooms with a monthly rent of $1,941 for incomes ranging from $69,875 to $111,840; 11 two-bedrooms with a monthly rent of $2,317 for incomes ranging from $83,829 to $134,160; and two three-bedrooms with a monthly rent of $2,665 for incomes ranging from $96,823 to $154,080.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than June 10, 2024.
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