Affordable Housing Lottery Opens for 20 Units in Fort Greene, Starting at $690 a Month
An affordable housing lottery has opened for 20 newly constructed units in a 19-story mixed-use building at 1 Flatbush Avenue in Fort Greene.
Photo by Craig Hubert
An affordable housing lottery has opened for 20 units in a recently built 19-story mixed-use building at 1 Flatbush Avenue in Fort Greene.
Of the affordable apartments, there are 16 studios, two one-bedroom units and two two-bedroom units. Monthly rents start at $690 and top out at $3,063.
The lottery is set at an area median income range of 40 percent for 11 of the units and 130 percent for the remaining nine. Eligible incomes range between $23,657 and $159,640 for households of one to five people.
There are 183 total apartments in the building, all with in-unit washer/dryers. According to the lottery listing, building amenities include a lounge, landscaped rooftop, laundry room and gym. Some of the amenities require additional fees.
The building, which has a temporary certificate of occupancy, was designed by Hill West. They are known for large-scale projects in Brooklyn, including 363-365 Bond Street, 86 Fleet Street and 12 Eckford Street.
Slate Property Group, the developer behind the project, purchased the property in 2015 for $18 million. There was previously a two-story building on the site, at one point occupied by the hamburger chain Five Guys on the ground floor. Goldman Sachs is in contract to buy the property from Goldman Sachs and Meadow Partners, according to The Real Deal.
Applications for the affordable housing lottery must be submitted by August 4, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.
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