A new affordable housing lottery just dropped in Brooklyn—and it’s bringing big amenities and shockingly low rent to one of the borough’s most in-demand areas.
Aptly described by the listing as an architectural masterpiece, 556 Baltic Street features 23 newly constructed affordable apartments.
Now accepting applications via NYC Housing Connect, the building is a newly constructed, architecturally striking establishment in the vibrant heart of Boerum Hill/Cobble Hill, right on the edge of Gowanus.
That means easy access to tree-lined brownstone blocks and the creative, ever-evolving energy of Gowanus. The up-and-coming-neighborhood is home to indie galleries, destination restaurants, and some of the best coffee and bakeries in Brooklyn.
Rent starts at just $1,020/month, with options for studios, one-bedrooms, and two-bedrooms. The lottery is open to households of 1–5 people earning $40,595 to $175,000 annually and the deadline to apply is February 9, 2026. Even better: no application fees or deposits.
⭐ Inside 556 Baltic Street
The building includes in-unit washers and dryers, smart heating and cooling, air conditioning, and online portals for rent and maintenance. Elevator access, security cameras, and a package room add peace of mind, while select residences feature private patios or balconies for moments of fresh-air escape.
And it doesn’t end there. From a fully equipped gym and rooftop terrace to a backyard outdoor space, party and event rooms, and a children’s playroom, there’s something for everyone.
Residents can enjoy a game room, screening room, podcast and art studios, or a ball court—spaces that blend fitness, fun, and creativity in one community.
Thoughtful amenities even extend to a dog run with a washing station, making this home as functional as it is stylish. Of course, the building is pet-friendly, so your furry roommate can enjoy the upgrades too, and they’ll surely love all of the outdoor space.
Additional perks include bike storage, on-site storage options, and modern common areas designed for work, play, and relaxation. Great news for commuters as well, the building is conveniently located near multiple subway lines, making getting around Brooklyn and Manhattan easy and efficient.
Tenants are responsible for electricity (including heat and stove), while hot water is included in the rent. Every detail has been designed to support a modern, connected lifestyle in the heart of the city.
The listing states:
Right in the heart of Brooklyn, 556 Baltic Street, an architectural masterpiece awaits you! We have 23 affordable apartments on offer, creating an unbeatable opportunity for potential renters. This isn’t just another housing option, it’s a once-in-a-lifetime chance that you can’t afford to miss!
🏠 How to apply
- Online: Eligible residents can apply up until February 9th through NYC Housing Connect
- By mail: If online apps aren’t your thing, not to worry! Potential residents can request an application by mail by sending a self-addressed envelope to 556 Baltic Street Apartments C/O Reside Affordable, 349 Keap Street, Brooklyn, NY 11211
For New Yorkers looking for a new spot without breaking the bank, 556 Baltic Street is a standout opportunity worth serious consideration.