Here's a chance to rent an apartment in the South Bronx for as little as $865 a month
By Nathan Tempey |January 11, 2018 - 9:00AM
The building at 491 Gerard Ave. is part of a three-building complex that includes another below-market-rate rental building and a hotel.
Applications are open for 130 discounted apartments in Mott Haven through the city housing lottery.
The apartments are in an all-below-market building at 491 Gerard Ave. The units are studios and one, two, and three bedrooms. Rent starts at $865 for a studio, and the apartments are reserved for households making $31,543-$99,630 a year.
The building is two blocks from the 149th Street-Grand Concourse 2 and 5 station, a block from Major Deegan Expressway on-ramps (convenient, but less appealing perhaps), and the 145th Street Bridge, which goes over the Harlem River into Manhattan. Hostos Community College and Mill Pond Park are also close by.
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