The affordable housing lottery has launched for 811 Elsmere Place, a four-story residential building in Tremont, The Bronx. Designed by Fred Geremia Architects & Planners and developed by Paul Durgaj of Durgaj Properties, the structure yields 12 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $83,006 to $218,010.
Residences include air conditioning, hardwood floors, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity including stove, heat, and hot water. The building features bike storage lockers.
At 130 percent of the AMI, there are two studios with a monthly rent of $2,421 for incomes ranging from $72,000 to $124,150; one one-bedroom with a monthly rent of $2,461 for incomes ranging from $76,149 to $139,620; and one two-bedroom with a monthly rent of $2,716 for incomes ranging from $92,743 to $167,570.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 7, 2025.
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