More than two dozen affordable units in a new development at 504 Myrtle Avenue in Clinton Hill are up for grabs starting today.
The 29 affordable homes include studios for $735, one-bedrooms for $741, and two-bedrooms for $888 a month. The income needed to qualify for the lottery ranges from $30,206 for households of one person to $54,360 for households of four.
The eight-story building will have 143 apartments in all. Amenities will include a gym, bike storage, an outdoor terrace, and a rooftop with barbecue grills and lounge chairs. There will also be a parking garage, for an additional fee, and ground-floor shops.
Developed by Madison Capital Realty, 504 Myrtle Avenue was designed by HTO Architects. The Manhattan-based firm is known for its luxury apartment buildings, including the condo conversion of one of Brooklyn’s most famous buildings, the Williamsburgh Savings Bank in Fort Greene.
The development is a few blocks from the G train and a number of bus lines.
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