Housing lottery launches for 65 rent-stabilized units in Bed-Stuy
- Households earning $68,126 to $198,510 can apply and rents start at $1,819 for a studio
- The 11-story new development has a rooftop terrace and shared laundry room
The developers have set aside 20 percent of the rent-stabilized apartments for applicants who already live in the area.
NYC Housing Connect
Housing lottery applications are open for 65 rent-stabilized apartments at a new development at 1832 Fulton St. in Bedford-Stuyvesant. Households that earn $68,126 to $198,510 are eligible to apply, depending on the number of people you live with. Rents start at $1,819 for a studio.
The elevator building allows pets up to 30 pounds and there’s no deposit required for having a pet. Other amenities include a rooftop terrace, shared laundry room and laundry service.
The Milano at 1832 Fulton also has a gym, package room, and co-working space, according to StreetEasy. The mixed-use development is located near the Ralph Avenue and Utica Avenue subway stations, with a Citibike kiosk across the street.
The apartments are set aside for New Yorkers earning from 70 to 130 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $129,600 for a two-person household. The available apartments include studios as well as one-, two-, and three-bedroom apartments.
There are 23 one-bedroom apartments available for households earning from $83,383 to $122,160. The rent for these apartments is $2,240.
The developers have set aside 20 percent of the rent-stabilized apartments for applicants who already live in the area. Another 10 percent of the apartments will be preferentially given to NYC employees or veterans, with an additional 5 percent set aside for those with mobility, vision or hearing needs.
Applications must be submitted online or postmarked no later than October 23th.
If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.
Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”
For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.
Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.
Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.
