Housing lottery opens for 299 units at a new development in Coney Island

Housing lottery applications are open for 299 rent-stabilized apartments at a new development in Coney Island. New Yorkers who earn $17,006 to $210,120 are eligible to apply, depending on the size of the household. Rents start at $410 for a studio.

The pet-friendly building at 2938 West 16th St. has a laundry room, gym, terrace, and recreation room. It’s located between Mermaid and Surf avenues, near the Coney Island-Stillwell Avenue D, F, N, and Q subway station.

Developed by BFC Partners, the eight-story building is in a three-part housing complex In total, the properties will bring more than 1,000 apartments to the neighborhood. 

The apartments are set aside for New Yorkers earning from 30 to 120 percent 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 $113,000 for a two-person household. The apartments available include studios as well as one-, two-, and three-bedroom apartments. 

There are 58 three-bedroom apartments available for households earning from $84,309 to $122,570. The rent for these apartments is $2,298. 

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 Jan. 5th.

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.