Affordable Housing

A housing lottery closes soon for 14 apartments in Greenpoint

  • Rents start at $1,288 for a studio apartment
  • Eligible applicants must earn $47,520 to $187,330
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By Emily Myers  |
December 8, 2022 - 11:30AM

Applications for rent-stabilized apartments at 150 Bayard St. in Greenpoint are due no later than December 27th.

NYC Housing Connect

Housing lottery applications close soon for 14 newly constructed apartments at 150 Bayard St., not far from McCarren Park in Greenpoint, Brooklyn. Eligible applicants for this lottery must earn $47,520 to $187,330. Rents start at $1,288 for a studio. 

There are four two-bedroom units, which can accommodate up to five people, available to households where the income is 80 percent of the area median income (AMI). This varies depending on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household. The rent for these apartments is $1,622.

The studios, one, and two bedrooms are stabilized and 50 percent of the apartments are set aside for residents already living in the area. 

The building is pet friendly and has a garage and bike storage lockers. The development is close to the BQE. There's a shared laundry room and all apartments have energy-efficient appliances and high-end countertops. 

The L and G subway lines are easily accessible and other amenities within the building include a gym, and an outdoor terrace. 

As well as setting aside 50 percent of the apartments for local residents, the developers have allocated 5 percent of the rent-stabilized apartments for NYC employees. In addition, 5 percent of apartments are set aside for applicants with mobility needs. A small percentage will be given to those with vision and hearing needs. 

Applications must be submitted online or postmarked no later than December 27th. 

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 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.

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.


Headshot of Emily Myers

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.