The affordable housing lottery has launched for Wakefield Yards, an 11-story mixed-use building at 4641 Furman Avenue in Wakefield, The Bronx. Designed by Aufgang Architects and developed by Radson Development, the structure yields 251 residences. Available on NYC Housing Connect are 212 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $19,235 to $160,720.
Residences are equipped with broadband internet, energy-efficient appliances, and air conditioning. Amenities include a shared laundry room, community room, indoor and outdoor recreation areas, rooftop terrace, elevator, and bike storage. Tenants are responsible for electricity.
At 30 percent of the AMI, there are three studios with a monthly rent of $465 for incomes ranging from $19,235 to $38,880; 11 one-bedrooms with a monthly rent of $591 for incomes ranging from $24,000 to $43,740; ten two-bedrooms with a monthly rent of $700 for incomes ranging from $28,938 to $52,500; and one three-bedroom with a monthly rent of $800 for incomes ranging from $33,532 to $60,270.
At 50 percent of the AMI, there are 12 studios with a monthly rent of $866 for incomes ranging from $32,983 to $64,800; 24 one-bedrooms with a monthly rent of $1,092 for incomes ranging from $41,178 to $72,900; 24 two-bedrooms with a monthly rent of $1,301 for incomes ranging from $49,543 to $87,500; and three three-bedrooms with a monthly rent of $1,494 for incomes ranging from $57,326 to $100,450.
At 60 percent of the AMI, there is one studio with a monthly rent of $1,066 for incomes ranging from $39,840 to $77,760; 14 one-bedrooms with a monthly rent of $1,342 for incomes ranging from $49,749 to $87,480; 13 two-bedrooms with a monthly rent of $1,601 for incomes ranging from $59,829 to $105,000; and two three-bedrooms with a monthly rent of $1,841 for incomes ranging from $69,223 to $120,540.
At 80 percent of the AMI, there are ten studios with a monthly rent of $1,395 for incomes ranging from $51,120 to $103,680; 41 one-bedrooms with a monthly rent of $1,710 for incomes ranging from $62,366 to $116,640; 34 two-bedrooms with a monthly rent of $2,115 for incomes ranging from $77,452 to $140,000; and nine two-bedrooms with a monthly rent of $2,534 for incomes ranging from $92,983 to $160,720.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than September 23, 2025.
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