The affordable housing lottery has launched for 1938 Prospect Avenue, a four-story residential building in Tremont, The Bronx. Designed by Node Architecture Engineering & Consulting and developed by Fredi Bori of Bori Con Corp., the structure yields 14 residences. Available on NYC Housing Connect are three units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $76,629 to $122,160.
Amenities include bike storage lockers, shared car services, recycling center, laundry service, common area Wi-Fi, recreation room, community events and classes, babysitting and afterschool services, and green space. Residences are equipped with intercoms, air conditioning, hardwood floors, smart controls for heating and cooling, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity, including stove, heat, and hot water.
At 80 percent of the AMI, there are two studios with a monthly rent of $2,000 for incomes ranging from $76,629 to $108,560, and one one-bedroom with a monthly rent of $2,092 for incomes ranging from $82,149 to $122,160.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than July 7, 2026.
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