Less than 5% of rents are affordable to New Yorkers making the city’s median wage. On top of that we pay 164% more than the average American, so every time a new affordable housing lottery opens up we jump at the opportunity to apply, and now you’re going to want to fire up that laptop because a new affordable housing lottery just opened up in Williamsburg.
The building is called The Welz and is located in Williamsburg, at 159 Boerum Street. The latest housing gem is a beautiful 19-story building with 49 affordable units. New Yorkers with incomes between $50,298 and $218,010 are eligible.
The building is pet-friendly (up to two pets allowed per apartment with some breed restrictions) and designed for comfort and convenience with high-end kitchen appliances, concierge, elevator, and more. Amenities include, but are not limited to:
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- Washer and dryer
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- Dishwasher
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- Air-conditioning
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- Gym
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- Rooftop
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- Covered parking
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- Bicycle storage
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- Security cameras
Of the 49 available units, 15 are studios starting at $1,467, 22 are one-bedrooms starting at $1,536 , and 12 are two-bedrooms starting at $4,040. To put things in perspective, , apartments.com notes that the average monthly rent for a studio in New York is $3,133, so you won’t want to miss out on this giveaway.
Interested residents have until November 18, 2024 to apply for the Williamsburg Affordable Housing Lottery. The lottery requires no deposits or application fees, and in addition to rent, selected tenants will be responsible for electricity including electric stove, heat, and hot water. Additional fees may apply for some utilities.
And while we’re on the subject, here are five secret tips to win the New York Housing Lottery straight from the pros.
📍 159 Boerum Street
Application deadline: November 18, 2024