Affordable Housing

A housing lottery opens for 224 apartments on the waterfront in Greenpoint

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By Emily Myers  |
July 14, 2022 - 12:30PM
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A rendering of the building on the waterfront in Greenpoint. Housing lottery applicants must earn between $51,840 and $206,875, depending on household size. 

NYC Housing Connect

Applications are open for 224 newly constructed apartments at 227 West St. and 27 Eagle St. in Greenpoint, Brooklyn, through the affordable housing lottery. The apartments are for New Yorkers who earn $51,840 to $206,875, depending on your household size.

The rent-stabilized apartments are studios, one, two, and three bedrooms set aside for people with incomes ranging from 80 percent to 130 percent of the area median income. (The area median income for a two-person household in New York City is $106,800.) Rents start at $1,437 a month for a studio. 

The nearest subway station is Greenpoint Avenue where you can catch the G train. 

Close to the waterfront, the pet-friendly building has a dog park and dog washing station. In fact the list of amenities is extensive and includes bike storage, electric car charging stations, a party room, media room, roof terrace, and pool. Additional fees apply for some of the amenities and tenants are responsible for electricity. The apartments have hardwood floors, smart heating and cooling systems, washer/dryers, and dishwashers. 

There are 43 two-bedroom apartments available for renters with incomes of $104,675 to $133,500. The rent for these apartments is $2,943.

The developers have set aside 50 percent of the affordable apartments for those who live in the community. There is also a 5 percent preference for NYC employees. A small percentage of apartments are designed for those who need assistance with mobility or vision and hearing. 

Applications must be submitted online or postmarked no later than September 12th. 

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 one of these rent-stabilized apartments 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.

Do you have first-person advice to share about the affordable housing lottery? Drop us an email. We respect all requests for anonymity.

 

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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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