Rent

An affordable housing lottery opens for 145 waterfront apartments in the Bronx

  • Rents start at $2,525 for a studio and you must earn $86,572 to $215,150 to be eligible
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By Emily Myers  |
March 2, 2023 - 9:35AM
living room with brown sofa, natural colors, wood floors, & large windows overlooking water

A rendering of an apartment at Lincoln at Bankside where 70 one-bedroom units are available through a new housing lottery.

NYC Housing Connect

Housing lottery applications are open for 145 newly constructed apartments at 101 Lincoln Ave. in the Bronx. Eligible applicants must earn from $86,572 to $215,150 depending on the size of the household. Rents start at $2,525 for a studio.

The available apartments at the development Lincoln at Bankside include studios, one, two, and three bedrooms. There are 70 one-bedroom apartments available and applicants for all the units need to be earning 130 percent of the area median income (AMI) to qualify. AMI depends on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household. 

The waterfront building allows large dogs and even multiple pets although there are some breed restrictions. Apartments facing the water look across at Harlem River Drive and Harlem River Park. Amenities are plentiful and include a dog-washing station, gym, pool, media room, and recreation room. 

indoor pool with seating, towels, and plants
Caption

An indoor pool is among the many amenities listed for the building. 

Credit

NYC Housing Connect

The building also has a roof terrace, kids playroom, and bike storage. Additional fees apply for the amenities. 

The apartments all have dishwashers and washer dryers. Tenants are responsible for paying electricity bills, which includes air conditioning, and the cost for cooking gas, hot water, and heat is rolled into the rent. 

The nearest subway station is 3 Av.-138 St. for the 6 train. 

Applications must be submitted online or postmarked no later than April 25th.

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 affordability 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.

 

Headshot of Emily Myers

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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