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Twenty-five discounted co-ops are available to buy in Brownsville, Brooklyn, through a city affordable housing program.
The apartments will be in a new building at 1900 Park Place and 416 Thomas S. Boyland St. (the structure is on a corner and will have two entrances) that is currently scheduled to be completed in 2019. The apartments are one, two, and three bedrooms, and are set aside for households in nine income brackets making $42,050-$96,800 a year. The sales prices range from $212,050-$250,522.
To be eligible, applicants must have no more than a set asset limit plus the required 10 percent down payment, and must not own or have purchased residential real estate. They also must use the apartment as their primary residence.
Full income eligibility and purchasing details are here:
Information sessions will be held on Tuesday, July 17th and Wednesday, August 1st from 6-7 p.m. at Intermediate School 392 at 104 Sutter Ave., in Brooklyn. Attendance is not mandatory to purchase an apartment.
Listed building amenities include a common rear yard, laundry, storage, a community room, and bicycle storage. The building is located between Eastern Parkway and East New York Avenue. There is retail along Pitkin Avenue a block away. The building is about a half mile from the Rockaway Avenue C train station to the north. It’s nearly three quarters of a mile to the Sutter Avenue-Rutland Road station for the 3 train. Broadway Junction, with the A, C, J, L, and Z trains is one mile away.
To download the application, click here. To request an application by mail, send a self-addressed envelope to SEED Cooperative Apartments, c/o Habitat NYC at 111 John St., 23rd floor, New York, NY 10038. Don’t sent more than one application or you could be disqualified. Applications must be postmarked by August 28th, 2018, and should be sent by regular mail only (i.e., not certified or express mail).
Note: Brick Underground is in no way affiliated with New York City’s Department of Preservation and Development. For more on city-sponsored homeownership opportunities, click here. For more details on this particular lottery, click here. For information about “affordable” rental opportunities, visit NYC Housing Connect.
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