Affordable Housing Lottery Opens for Six Units in Flatbush, Starting at $2,253 a Month
Rents for affordable units in the Rabsky-developed building will be on the high side, set at an area median income range of 130 percent.
An affordable housing lottery has opened for six newly constructed units that are part of a seven-story building at 830 Flatbush Avenue in Flatbush, four blocks away from Prospect Park.
Of the affordable apartments, there are three one-bedroom units and three two-bedroom units. Rents start at $2,253 a month for the one-bedrooms and top out at $2,716 a month for the two-bedroom apartments.
The lottery is set an area median income range of 130 percent. Eligible incomes range between $77,246 and $146,510 for households of one to five people.
There are a total of 20 units in the building and retail space on the ground floor, with a fitness center, laundry room, bicycle parking and lounge split between the first floor and the cellar. The listing notice says there is a roof deck, but that is not reflected in building permits.
Leasing has yet to begin on the market rate rentals.
The site was previously the home of The Fulton Stores, a furniture and appliance store, before the building was demolished in 2017. It was once home to the Flatbush National Bank of Brooklyn, where the bank card — the bulkier predecessor to the ubiquitous credit card — was born.
Rabsky Group, which purchased the building for $2.4 million in 2015, is the developer. Rabsky’s projects include a mega-development at the Pfizer site in the Broadway Triangle area and a block-size complex designed by ODA at 10 Montieth Street on the former site of the Rheingold Brewery in Bushwick.
Michael Avramides is the architect of record. Renderings show a grey brick building with small terraces for most of the units and a larger terrace for the top-floor unit. There appear to be gold window frames that match the lettering on the ground floor awning, which spells out the address.
Applications for the affordable housing lottery must be submitted by September 5. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.
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