The affordable housing lottery has launched for 714 Beach Avenue, a six-story residential building in Soundview, The Bronx. Developed by Genc Lakaj, the structure yields 41 residences. Available on NYC Housing Connect are nine units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $79,852 to $160,720.
Residences have air conditioning and intercoms. Amenities include elevator, shared laundry room, recreation room, and a garage with electric vehicle charging stations. Tenants are responsible for electricity including stove, heat, and hot water.
At 130 percent of the AMI, there are six one-bedrooms with a monthly rent of $2,055 for incomes ranging from $79,852 to $116,640; two two-bedrooms with a monthly rent of $2,394 for incomes ranging from $96,583 to $140,000; and one three-bedroom with a monthly rent of $2,703 for incomes ranging from $110,778 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 January 21, 2026.
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