Affordable Housing Lottery Opens for Three Units in Greenwood Heights for $2,088 a Month

194 22nd Street in May 2018. Photo via Google Maps

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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.

The property in September 2015. Image by Christopher Bride for Propertyshark

The property in September 2015. Image by Christopher Bride for Propertyshark

Initial permits were filed in 2011 for a five-story building with the same amount of units, with Gerald Caliendo as the architect.

Applications for the affordable housing lottery must be submitted by October 26. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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