Affordable Housing Lottery Opens for Three Units in Bushwick for $2,225 a Month

Photo via NYC Housing Connect

by

An affordable housing lottery has opened for three one-bedroom units in a four-story building at 61 Schaefer Street, between Bushwick and Evergreen Avenues, in Bushwick.

Directly across the street is Evergreen Playground, and down the block is P.S./I.S. 45 Horace E. Greene.

The lottery is set at an Area Median Income of 130 percent. Eligible incomes range between $76,286 and $133,120 for households of one to three people. The monthly rent is $2,225.

Building records show a total of eight units in the building. The listing says each one has a dishwasher, washer/dryer and air conditioning. Additionally, the listing says the “owner is offering two and a half months free of rent and furnishing the apartments.”

A two-story house that was demolished in 2018 formerly stood on the property. Next door is a building owned by the Coalition For Hispanic Family Services, a community-based social service agency that has an office on Wyckoff Avenue.

the site in 2007

The site in 2007. Photo by Nicholas Strini for PropertyShark

David Zoarets, the cofounder of Prime Equity NYC, is listed as the owner on building permits. Bedstuy Management LLC purchased the now-demolished house from US Bank in 2014 for $250,000. Over the years, it appears the property had fallen into lis pendens at least three times, each with different owners.

Robert Bianchini of Queens-based ARC Architecture + Design Studio is the applicant of record. Among their many projects, the firm is behind two new buildings in Bushwick, one replacing a formerly grand 19th century manse at 718 Bushwick Avenue and the other taking the place of a standalone Arts and Crafts house on a corner lot at 1411 Bushwick Avenue.

Photo via Real Team Brokerage

Photo via Real Team Brokerage

Photo via Real Team Brokerage

Photo via Real Team Brokerage

Photo via Real Team Brokerage

Leasing for market-rate units began in December 2020 but all have been pulled from the market. Based on the listing photos, the units have open kitchens with peninsula counters, balconies, large windows and some colorful tiles in the bathroom’s shower.

Floor plan via NYC Housing Connect

Applications for the affordable housing lottery must be submitted by May 3, 2021. Apply through NYC Housing Connect.

Related Stories

Sign up for amNY’s COVID-19 newsletter to stay up to date on the latest coronavirus news throughout New York City. Email tips@brownstoner.com with further comments, questions or tips. Follow Brownstoner on Twitter and Instagram, and like us on Facebook.

What's Happening