An affordable housing lottery has opened for eight apartments in a six-story building under construction at 312 Broadway in Williamsburg. The building stands right alongside the elevated JMZ subway line at the front, and borders the sunken BQE at its side.
Of the affordable apartments, there are two studios, four one-bedroom units and a pair of two-bedroom units. Monthly rents start at $2,228 and top out at $2,830.
The lottery is set at an area median income range of 130 percent for all of the units. Eligible incomes range between $76,389 and $159,640 for households of one to five people.
There will be a total of 24 apartments in the building, according to property records. Two retail spaces will be on the ground floor, a medical office will be on the second floor and parking for 12 cars will be underground. Recreational space will be included on the roof.
A one-story building that was once home to Rainbow, a low-price clothing store, as well as Unimed Pharmacy, was demolished in 2019.
Paul Coughlin of the Brooklyn-based architecture firm PAUL is the applicant of record. They also designed the Court16 youth tennis club in Gowanus.
Mohammad Billah is listed as the owner on building permits. He purchased the property in 2012 for $2.265 million.
Leasing for market-rate units began in October 2020. Listing photos show apartments that are fairly spacious, with big windows, open kitchens, white walls and hardwood floors.
Applications for the affordable housing lottery must be submitted by December 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 34 Units in Prospect Heights, Starting at $1,900 a Month
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