Lottery For 5 Below-Market East Harlem Apartments Opens

EAST HARLEM, NY — A lottery for five brand new apartments offered at below-market-rate rents in East Harlem is now accepting applications. The homes are located in a new development on Third Avenue between East 109th and 110th streets.

Although the apartments are being rented below market rate prices, the asking rent is likely out of a lot of people's price range. Eligible for individuals and families of two earning 130 percent of the Area Median Income, the one-bedroom units rent for $2,253 per month.

In order to be eligible for one of the units an individual must earn an annual salary between $77,246 and $86,840 and a family of two must earn a combined annual salary between $77,246 and $99,320.

Here's a more detailed breakdown of the units and eligibility requirements:

Prospective tenants may apply for the lottery through the city's Housing Connect website. A mail-in application can be requested by sending a self-addressed envelope to: MGNY Consulting, c/o 1992 Third Avenue Apartments, 18 Bridge St, Suite 2D, Brooklyn, NY 11201. Applications must be sent or postmarked by March 2.

Photo by Google Maps street view