Nearly 220 Unit Affordable Housing Building Opens In Brooklyn

BROOKLYN, NY — Brooklyn’s latest affordable housing development delivers 216 apartments, including 130 units aimed at helping formerly homeless young adults and their families rebuild their lives.

Last week, community leaders and neighbors joined representatives from Slate Property Group, RiseBoro Community Partnership, and Goldman Sachs—the driving forces behind the project—to celebrate the ribbon-cutting ceremony.

The 216-unit building, renowned for its all-electric design and cutting-edge Passive House energy efficiency, was thoughtfully created with the community’s needs at its core.

"The completion of 326 Rockaway marks one more giant step toward tackling New York’s housing crisis," David Schwartz, co-founder and principal at Slate Property Group, said. "By creating hundreds of new truly affordable housing opportunities and setting bold, new standards for energy efficiency, we’re helping to build a cleaner, greener, and more livable future in Brownsville for years to come."

326 Rockaway offers a mix of studios, one-, two-, and three-bedroom apartments, with rents ranging from $1,095 to $2,301. When first listed on NYC Housing Connect, 85 units were set aside for residents earning between 50 and 60 percent of the area median income (AMI), with eligible incomes ranging from $37,453 to $115,560. Priority for these affordable units is given to residents of Brooklyn Community Board 16.

Residents also enjoy amenities such as a landscaped roof terrace and courtyard, an urban farm, a recreation room, and extensive on-site social services. Beyond serving its residents, the building supports the neighborhood with ground-floor retail and dedicated community facility space.

The building’s supportive housing program is funded through the NYC 15/15 Program, a city-funded rental assistance initiative that helps eligible families and individuals who are homeless or at risk of homelessness. The program provides affordable apartments alongside supportive services designed to guide residents toward long-term stability, officials said.

"Today marks a proud and hopeful moment for the Brownsville community. The opening of this new affordable housing development at 326 Rockaway Avenue is more than just new construction — it’s an investment in our families, our future, and our fundamental right to safe, stable housing," New York City Council Member Darlene Mealy said.

The building also features “Brownsville, King of Love,” a striking 150-foot mural permanently installed on its side. Created by ArtBridge in collaboration with Brooklyn-based artist Victor “Marka27” Quiñonez, the artwork celebrates Brownsville’s rich cultural diversity and its influential hip-hop legacy, with nods to icons like M.O.P. and Duck Down Records.

Officials say it currently stands as the largest outdoor mural in Brooklyn.

“Brownsville, King of Love is a call to spread love and honor our ancestors by celebrating our heritage and lifting each other as a community,” Quiñonez said.