Affordable Housing Lottery Opens for 29 Units in Clinton Hill Starting at $735 a Month

More than two dozen affordable units in a new development at 504 Myrtle Avenue in Clinton Hill are up for grabs starting today.

The building is one of a slew of new developments bringing almost 1,000 new apartments to Myrtle Avenue. This one replaced the Pratt Station Post Office.

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.

Applications for the lottery are due no later than February 1. For more information or to apply, go here. Also take a look at our affordable housing tips as well.

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