A building being described as a “magnificently crafted luxury residence” is now offering apartments starting at just $1,019 a month!
According to New York City’s newest housing lottery, which launched just a few days ago, 20 affordable units are now up for grabs in the heart of Brooklyn.
The development — 2892 Nostrand Ave Apartments — is part of the city’s affordable housing program and includes a mix of one- and two-bedroom apartments available to qualifying households.
Applications are open now and will be accepted through May 12th, 2026, giving hopeful renters nearly two months to throw their hat in the ring.
Inside 2892 Nostrand Ave
Located in the Madison/Sheepshead Bay area of Brooklyn, this nine-story development balances high-end design with functional urban living. The residences are designed with large open layouts, featuring spacious living rooms and oversized bedrooms.
The interiors are sleek and modern, utilizing energy-efficient appliances and premium finishes. Plus, if you have a furry companion, you’re in luck: the building is pet-friendly (dogs and cats up to 45 lbs), even including a dedicated dog washing station to keep your unit pristine.
Amenities
This building is packed with luxury features designed for comfort and wellness.
- Convenience: Washers and dryers in every unit, dishwashers, and package lockers.
- Wellness & Work: A fully equipped gymnasium, a business center for remote work, and a community center.
- Entertainment: A media room, recreation room, and common area Wi-Fi.
- Outdoor Space: Multiple options including an outdoor terrace and a rooftop terrace with neighborhood views.
- Practicality: Bike storage, additional storage lockers, and assigned parking spaces (available for an extra fee).
Why It Stands Out
Beyond the luxury finishes, 2892 Nostrand Ave stands out for its commitment to inclusivity. The building is part of the Inclusionary Housing Program, meaning it’s designed to ensure New Yorkers can stay in the neighborhoods they love regardless of income.
There are also specific set-asides and preferences for certain applicants:
- 5% of units for residents with mobility impairments.
- 2% of units for residents with vision or hearing impairments.
- Preference is given to residents of Brooklyn Community Board 15 (20%) and NYC Municipal Employees/Military Veterans (10%).
Availability and Pricing
The lottery offers a range of units spanning from 40% to 130% of the Area Median Income.
How to Apply
The clock is ticking—you have until May 12th, 2026, to get your application in.
- Online: The fastest way is via NYC Housing Connect. Ensure your profile is up to date before hitting “Apply.”
- By Mail: If you prefer paper, send a self-addressed envelope to:
2892 Nostrand Ave C/O All Borough Solutions 670 Flushing Ave #316, Brooklyn, NY 11206
For anyone searching for an affordable place to call home in New York, opportunities like this don’t come around often! For more information, see NYC Housing Connect’s official website.
