Rent

A housing lottery launches for a luxury building in Prospect Heights

By Emily Myers| May 11, 2023 - 10:00AM

This lottery is an opportunity for middle-income earners to get a rent-stabilized apartment in a luxury building.

NYC Housing Connect

Housing lottery applications are open for 240 newly constructed apartments at Pacific Park Apartments in Prospect Heights, Brooklyn. New Yorkers who earn from $78,515 to $187,330 are eligible, depending on the size of the household. Rents start at $2,290 for a studio.

The building at 595 Dean St. presents an opportunity for middle-income earners to get a rent-stabilized apartment in a luxury building. Eligible applicants must earn 130 percent of the area median income (AMI). The AMI metric depends on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household. 

The pet-friendly development is close to Atlantic Avenue and Barclays Center and not far from Prospect Park. It is set in a public plaza with water features, a dog-run, a playground, and green space.

Pacific Park is home to the latest Chelsea Piers Brooklyn and discounted membership is available for the building’s tenants. For a community fee you can get access to the outdoor pool, sundeck, game room, kids playroom, gym, screening room, bike storage, shared laundry, and co-working lounge. 

There are 99 studios, 93 one bedrooms and 48 two-bedroom apartments available through the lottery. The rent for a two bedroom is $3,360. Tenants are responsible for electricity, which includes heat. Gas for cooking is included in the rent and there are online options for leasing, as well as making rent payments and maintenance requests.

The building is close to Bergen Street station for the 2, 3, and 4 trains. At nearby the Clinton-Washington avenues station you can access the A and C lines. The B and Q trains are also nearby at 7th Avenue station. 

Applications must be submitted online or postmarked no later than July 3rd.

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.

 

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