An affordable housing lottery has opened for three apartments in a four-story building at 194 22nd Street in Greenwood Heights. The building was constructed in 2015 on what was formerly an empty lot.
All three of the apartments are one-bedrooms, with monthly rents of $2,088. The lottery is set at an area median income range of 130 percent. Eligible incomes range between $71,589 and $122,070 for households of one to three people.
Market rate rentals in the building are only $311 more than the affordable units.
There are a total of seven units in the building, which is currently for sale, with an asking price of $3.9 million. Five of the apartments in the building are one-bedrooms and two are duplexes. Each has a private balcony and washer/dryer in the unit. For an additional fee, there is off-street parking.
Priam Singh is the developer, according to building records. He purchased the property in 2005 for $775,000, and currently owns at least four other properties in the neighborhood, including a building down the street at 188 22nd Street that he purchased for $503,000 the same year.
Peter Gee is the architect of record. He has worked with the same developer on a number of projects in the area, including a 13-unit mixed-use building planned for 217 9th Street in Gowanus.
Initial permits were filed in 2011 for a five-story building with the same amount of units, with Gerald Caliendo as the architect.
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