An affordable housing lottery has opened for seven units in an eight-story building at 885 Grand Street, at the corner of Olive Street in Williamsburg. The building is called “The Milo,” apparently named after the developer, Alphonse Milo.

Of the affordable apartments, there are three one-bedroom units and four two-bedroom units. Monthly rents start at $1,060 and top out at $1,193.

The lottery is set at an area median income range of 60 percent for all seven units, which is becoming increasingly rare in Brooklyn. Eligible incomes range between $36,343 and $69,180 for households of one to five people.

Chart via NYC Housing Connect

There will be a total of 35 apartments in all. Nine open parking spaces and two closed parking spaces for cars, along with 18 spaces for bicycles, will be in the cellar. Three more parking spaces for cars will be on the first floor, in addition to retail space and a recreation area for residents. More recreation space can be found on the fifth floor.

A one-story building, housing a car mechanic, formerly stood on the property.

The site in 2006. Photo by Scott Bintner for PropertyShark

Developer Alphonse Milo owns Dunwell Elevator, which he opened in 1982 and is located in a building next door at 879 Grand Street.

Sara Rosenfeld-Arnold of OCV Architects is the applicant of record. The firm has designed a number of projects in Brooklyn, including a four-story residential building at 265 Van Brunt Street in Red Hook, The Knick condo building in Bushwick and affordable apartments at a former Catholic convent at 1 DeSales Place in Bushwick.

Photo via Corcoran

Leasing for market-rate units began in September 2019. Based on the listing photos, the units have large open kitchens, some with a half-wall counter, large bedrooms, balconies and a lot of windows.

Photo via Corcoran

Applications for the affordable housing lottery must be submitted by March 20, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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