The mayor promised a lot of new housing lotteries – the mayor delivers on its promises. Sixteen apartments at an affordable price will be sold in the building, which is located at the intersection of Metropolitan Avenue and Humboldt Avenue in Williamsburg. Earlier this place was a restaurant chain White Castle.
Location the apartment building is quite profitable: the building is just a block from the Graham Avenue station of the L line and four blocks from the Metropolitan Avenue station of the line G. in addition, residents will be able to enjoy a private Laundry, gym and rooftop area.
In the lottery of Studio apartments for the price of $867 per month per resident with an annual income in the range of $31,612 — $40,080; the one-bedroom apartment for $931 per month for one tenant or a couple with an annual income of $33,875 — $45,840; and the two bedroom apartments cost $1,123 per month for couples or families of 3-4 people with an annual income in the range of $40,492 — $57,240.
The real estate market Studio apartment in the buildings of this level are usually dealt for around $2,123 per month, one-bedroom apartment for $2,583, and apartments with two bedrooms — $4,061, which is almost 4 times higher than the cost of rent in the program of lotteries for affordable housing.
To apply for participation in the lottery is possible until 13 June.
