Affordable Housing Lottery Opens for 34 Units in Coney Island, Starting at $1,700 a Month

In Coney Island, an affordable housing lottery has opened for 34 units in a 20-story tower at 271 Sea Breeze Avenue, located two blocks away from the famous boardwalk and beach.

There are seven studios, 12 one-bedroom units, 11 two-bedroom units and four three-bedroom units available in the lottery. Monthly rents start at $1,700 and top out at $2,950.

The lottery is set at an area median income range of 130 percent for all of the apartments. Eligible incomes range between $53,286 and $183,300 for households of one to seven people.

There are a total of 115 apartments in the building, plus 101 parking spaces stretched across the ground, third and fourth floors. Three retail spaces can be found on the ground level, with two office spaces on the second floor. A community facility will span the second, third and fourth floors, with space on the third floor dedicated for a kindergarten with rooms for 111 kids and 10 teachers.

Outdoor space can be found on the fourth floor, with the residential units starting on the fifth all the way up to the 20th floor.

Before construction, the site was an empty lot going back decades.

RYBAK Development is behind the project. Their principal is Sergey Rybak, who purchased the property for $13.5 million in 2017. The architect on the project is Igor Zaslavskiy of Zproekt Architecture, a Brooklyn-based firm that has worked on numerous projects in southern Brooklyn.

Applications for the affordable housing lottery must be submitted by March 31, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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• Affordable Housing Lottery Opens for 108 Units in Greenpoint, Starting at $2,370 a Month

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