Finding an affordable home in New York City isn’t easy, but programs like NYC Housing Connect, which give eligible New Yorkers the opportunity to apply for apartments well below typical market prices, help make it a little more attainable.
Now, the waiting list is open for The Lindsay Park Housing Cooperative, a highly sought-after affordable housing development in the heart of Williamsburg, Brooklyn. Eligible buyers can apply to purchase studio apartments starting at an initial purchase price of just $6,193.
Here’s everything you need to know about eligibility, pricing, income requirements, and how to apply for this rare NYC real estate opportunity.
Own a Brooklyn apartment for under $7K: inside the Lindsay Park Housing lottery
The Mitchell-Lama Housing Program, a state–sponsored initiative designed to provide affordable rental and cooperative housing to moderate- and middle-income families, offers a unique path to homeownership.
The apartments are sold or rented through waiting lists kept by each development.
Unlike typical NYC rentals, this lottery is specifically for the purchase of a co-op studio apartment.
Located at 202 Union Avenue, the building places residents directly in the vibrant, highly desirable neighborhood of Williamsburg.
Available units, purchase prices, income guidelines, and maintenance fees
Prospective buyers should note that purchasing a Mitchell-Lama cooperative involves both an initial equity purchase price and ongoing monthly maintenance charges to cover building operations and taxes.
The studio apartments are available for household sizes of one to three people, and 500 applicants will be selected through the lottery to form the official waiting list.
- Estimated purchase price: $6,193 to $7,632
- Monthly maintenance fee: $627 and $774
- Eligible income limits: $25,080 and $190, 875
Quick checklist: how to join the waiting list for the Lindsay Park Housing Cooperative
- Check Your Eligibility: Ensure your total annual household income and household size fall within the minimum and maximum limits listed in the pricing table. You must also be a New York State resident
- Choose Your Method: You can either apply online or via a traditional paper form
- Request a Paper Application: If you prefer mail, request an application by sending a self-addressed envelope to: P.O. Box 434, New York, NY 10272
- Avoid Duplicates: Submit only one application per household. Any applicant sending both a paper and digital application will not be entered into the lottery
What happens next?
Once the application window closes, a supervised lottery will rank applicants to establish a structured waiting list of 500 people. Please note that there is a $75 non-refundable application fee for the applicants who are officially selected.
Don’t miss out! Follow us on Facebook, Instagram, and now on WhatsApp, too!