Affordable Housing Lottery Opens for 31 Units in Greenpoint, Starting at $1,288 a Month

Rendering via Hill West Architects

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An affordable housing lottery has opened for 31 newly constructed units in an eight-story building at 12 Eckford Street in Greenpoint. The building, constructed after a number of lots were combined, is known as the 470 Manhattan Avenue Apartments.

Of the affordable apartments, there are 11 studios, 13 one-bedroom units and seven two-bedroom units. Monthly rents start at $1,288 and top out at $2,856.

The lottery is set at an area median income range of 80 percent for 21 of the units and 130 percent for the remaining 10. Eligible incomes range between $49,543 and $159,180 for households of one to five people.

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There will be a total of 101 units in the building. A tenant lounge, fitness room and a business center will be on the first floor, along with a parking area for 41 cars and bicycle storage for 68 bikes, according to the building permit. There will also be a rooftop terrace. Some of those amenities have additional fees, according to the lottery listing. In-unit amenities include washer/dryers, dishwashers, microwaves and window shades.

Department of Building records show that four lots — including 119 Newton Street, 470 Manhattan Avenue and 16-22 Eckford Street — were combined for the construction of the building. The sites were occupied by brick commercial structures, including single-story buildings on Newton Street and Manhattan Avenue and a four-story structure on Eckford Street.

affordable housing 470 manhattan

The site in 2006. Photo by Scott Bintner for PropertyShark

Hill West is the architect of record. They are known for large-scale projects in Brooklyn, including 363-365 Bond Street and 86 Fleet Street.

Heatherwood Luxury Rentals is the developer behind the project. The Long Island-based developer specializes in residential rental buildings in Brooklyn, Queens and Long Island. Records show that the developer, doing business as 470 Manhattan LLC, purchased the Eckford Street property in 2015 for $16 million.

Applications for the affordable housing lottery must be submitted by June 29, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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