A housing lottery launches for 432 apartments at Bronx Point in Mott Haven

If your household earns $18,515 to $198,600 you are eligible to apply
Rents for these newly built apartments start at $465 for a studio

By Emily Myers | May 18, 2023 - 12:30PM

Housing lottery applications are open for 432 newly constructed apartments at 575 Exterior St., which is the first phase of a mixed-use development called Bronx Point. New Yorkers earning from $18,515 to $198,600 are eligible to apply, depending on the size of the household. Rents start at $465 for a studio.

The pet-friendly development in Mott Haven has an outdoor terrace, community room, bike room playroom and is home to the Universal Hip Hop Museum. Amenities are available to all tenants and all the apartments in the building are rent stabilized.

The available apartments include studios as well as one- and two-bedroom apartments. There’s a wide range in income eligibility with 130 apartments set aside for those earning 30 percent of the AMI. AMI depends on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household. Apartments are also available for those earning 50 percent, 80 percent, and 120 percent of the AMI.

Bronx Point with highway in foreground and lights from cars blurred to red and white lines

The building is also home to the Universal Hip Hop Museum.

NYC Housing Connect

The rent for a two bedroom for a household earning from $79,235 to $115,280 is $2,201. Tenants are responsible for electricity, which includes the oven.

The developers have set aside 50 percent of the rent-stabilized apartments for applicants who already live in the area. Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs.

Applications must be submitted online or postmarked no later than June 30th.

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.

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.

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