Housing lottery applications are open for 58 newly constructed apartments at 509 Third Ave. in the Murray Hill neighborhood of Manhattan. New Yorkers who earn from $29,040 to $187,330 are eligible, depending on the size of the household. Rents start at $772 for a studio.
The pet-friendly building has 36 stories and has several amenities including an outdoor terrace, media room, gym, and bike storage. The apartments have energy-efficient appliances, hardwood floors, dishwashers, and in-unit washers and dryers.
Applicants who earn from 40 percent to 130 percent of the area median income (AMI) are eligible. 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 available apartments include studios as well as one- and two-bedroom apartments. The rent for a one bedroom at 509 Third Ave. for those earning 40 percent AMI is $823. For those earning 130 percent AMI it is $2,838. Tenants are responsible for electricity and there are additional fees for the use of bike storage. The rent includes water, heat, and gas for cooking.
The nearest subway is 33rd Street for the 4 and 6 trains.
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 26th.
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.
You Might Also Like