The affordable housing lottery has launched for 3060 3rd Avenue, an eight-story residential building in Melrose, The Bronx. Designed by Nikolai Katz Architect and developed by Lipa Engel, the structure yields 25 residences. Available on NYC Housing Connect are five units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,703 to $146,560.
Amenities include bike room and a shared laundry room. Tenants are responsible for electricity, including stove and heat.
At 80 percent of the AMI, there are three studios with a monthly rent of $2,040 for incomes ranging from $75,703 to $108,560; one one-bedroom with a monthly rent of $2,173 for incomes ranging from $81,086 to $122,160; and two two-bedrooms with a monthly rent of $2,583 for incomes ranging from $97,406 to $146,560.
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 26, 2026.
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