The affordable housing lottery has launched for 1 Park Point, a 13-story residential building at 11 Ocean Parkway in Windsor Terrace, Brooklyn. Designed by FXCollaborative with interiors by INC Architecture & Design and developed by JEMB Realty, the structure yields 375 residences. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $33,806 to $152,500.
Amenities include pet-friendly policies, a dog washing station, a garage with electric vehicle charging stations, bike storage lockers, gym, yoga and dance studio, children’s play room, common area Wi-Fi, package lockers, concierge, and an outdoor terrace. Residences come with washers and dryers, high-speed internet, hardwood floors, air conditioning, and name-brand kitchen appliances, countertops, and finishes. Tenants ae responsible for electricity.
At 40 percent of the AMI, there are 28 one-bedrooms with a monthly rent of $874 for incomes ranging from $33,806 to $50,840, and ten two-bedrooms with a monthly rent of $1,031 for incomes ranging from $39,738 to $61,000.
At 60 percent of the AMI, there are 26 one-bedrooms with a monthly rent of $1,374 for incomes ranging from $50,949 to $76,260, and 12 two-bedrooms with a monthly rent of $1,631 for incomes ranging from $60,309 to $91,500.
At 100 percent of the AMI, there are 13 one-bedrooms with a monthly rent of $2,375 for incomes ranging from $85,269 to $127,100, and six two-bedrooms with a monthly rent of $2,832 for incomes ranging from $101,486 to $152,500.
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 4, 2024.
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