Affordable Housing Lottery Opens for 15 Units in Midwood, Starting at $1,350 a Month

1930 Avenue M in September 2017. Photo by Google Maps

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An affordable housing lottery has opened for 15 newly-constructed units in an eight-story building at 1930 Avenue M in Midwood, on the corner of Ocean Avenue.

Of the affordable apartments, there are four studio apartments, five one-bedroom units and six two-bedroom units. Rents start at $1,350 a month for the studios and top out at $2,050 a month for two-bedroom apartments.

The lottery is set an area median income range of 130 percent. Eligible incomes range between $46,286 and $146,510 for households of one to five people.

There are 40 total units in the building. The market-rate units have yet to launch leasing.

Commercial space will be on the ground floor, along with the residential lobby. There is rooftop access with a recreation area, according to the affordable lottery listing. Parking spaces for 13 bicycles and a laundry room will be in the cellar, building permits show.

Igor Zaslavskiy is the architect of record. His firm is Zproekt Architecture, which designed another eight-story building at 1673 Ocean Avenue, just a block away. They are also developing a 60-unit rental project at 2633 Ocean Avenue, just nine blocks south.

They are also behind the design of Element88, the jagged-edge condo building located at 88 Withers Street in Williamsburg.

1930 Avenue M in 2012. Photo by Google Maps

1930 Avenue M in 2012. Photo by Google Maps

Edward Glazarov of Westking Realty Corp. is the developer. He purchased the lot in 2006 for $660,000. It was formerly home to a one-story building with three commercial spaces, occupied by Nottingham Pharmacy, Shin’s Blue Ribbon Grocery and Siebrow Cleaners.

Applications for the affordable housing lottery must be submitted by August 27. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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