$400 Apartments Up For Grabs In Affordable Inwood Building

INWOOD, NY — Uptowners have a chance to win the New York City housing lottery and snag an apartment that costs less than $400 a month, city records show.

The Eliza at 4790 Broadway has 138 of its 173 units listed on the city's affordable housing lottery with rents ranging between $397 and $1,841, depending on size and income.

The cheapest units are reserved for people earning 30 percent of the area median income:

• Four $397-a-month studios are available to households earning between $16,183 and $33,900 a year.
• Eight $503-a-month one-bedrooms are available to households earning between $20,160 and $38,130 a year.
• Four $598-a-month two-bedrooms are available to households earning between $24,27 and $45,750 a year.
• One $683-a-month three-bedroom is available to households earning between $28,080and $52,530 a year.

Prices increase with AMI and top out with four three-bedroom apartments that cost $1,841 and are reserved for households earning between $67,783 and $105,060.

The elevator building boasts its own New York Public Library branch, a universal Pre-K program, a rooftop lounge, laundry room and gym.

Half the units are reserved for residents of Community Board 12, 5 percent for city employees and seven percent for people with vision, hearing and mobility disabilities.

More information about unit prices, floor plans and applications can be found on the Housing Connect website.

The lottery runs until Oct. 13.