Affordable Housing Lottery Opens for Atlantic Avenue Build With $962 Units
The new 19-story Prospect Heights building includes 258 apartments, as well as a cold plunge pool, pet washing station, and movie theater.
Rendering via NYC Housing Connect
An affordable housing lottery has launched for a new 19-story development along Atlantic Avenue in Prospect Heights. The building includes a total of 258 apartments, the majority of which are market rate, and has a range of amenities including a cold plunge pool and pickleball court.
Between Vanderbilt and Washington avenues, 880 Atlantic Avenue is located within the recently passed Atlantic Avenue rezoning, but was the product of a controversial spot rezoning and already under construction when the City Council approved the major areawide rezoning.
Included in the lottery for the new tower, dubbed Eight80 BK, are 65 studio, one-, and two-bedroom units, all rent stabilized and subject to income limits. The majority are truly affordable units, with 52 apartments set aside for households of one to five people earning 40 and 60 percent of Area Median Income, or $38,538 to $77,760 a year, according to the listing. Those include five studios renting at $962 and $1,542 a month, 32 one-bedrooms for $1,013, and 15 two-bedroom units for $1,169.
The remaining 13 units in the lottery are for households earning 130 percent AMI, or $87,840 to $227,500 a year. There is one studio for $2,400 a month, seven one-bedroom apartments for $2,790, and five two-bedroom units at $3,250.
The new building replaced a row of two-story mixed-use brick buildings and a car dealership — part of a trend of towering residential builds replacing low-slung commercial sites along this stretch of Atlantic Avenue.
Designed by Issac & Stern Architects and developed by EMP Capital Group, the building is covered with a grid of windows, textured brickwork, and dark paneling. The latter begins at a setback that steps up from the 10th floor. Renderings depict the terraces on the setbacks with plantings.
The large range of amenities include a movie theater, game room, pet washing station, sauna with a cold plunge pool, pickleball court, yoga room, spa, and garden. Amenities may require an additional fee, the listing says. Tenants are allowed up to two pets with a total weight limit of 50 pounds; there is a $300 refundable pet deposit.
Renderings show apartments with floor-to-ceiling windows and oak-colored and white cabinetry and finishes. The listing says kitchens include dishwashers, and they have GE, Bosch, and Summit appliances, according to the development’s website. Tenants have to pay for electricity, which covers the hot water, heating, and stove. There is also ducted air conditioning, which presumably tenants also pay for and control, although the listing is vague on details.
Market rate apartments started leasing last July, according to StreetEasy. Studios range from $3,390 to $5,425, one-bedrooms from $4,350 to $5,645, and two-bedrooms from $6,090 to $8,125.
City records show EMP Capital Group purchased the multi-site package in October 2019 for $20 million. After a tumultuous rezoning process initially blocked by local Council Member Crystal Hudson, in 2021 the City Council voted 48–1 to approve the rezoning of 880 Atlantic Avenue and a second EMP Capital Group-owned, mixed-use development at 1034-1047 Atlantic Avenue after the developer promised an increase in affordable housing.
The developer applied for a new-building permit for 880 Atlantic Avenue in April 2022, and demolition permits for the two-story brick buildings that had been on site were signed off in early 2025. A new certificate of occupancy for 880 Atlantic Avenue was issued in January of this year.
As well as the neighboring development at 1042 Atlantic Avenue, EMP Capital Group is also behind another large development nearby at 985 Pacific Street in Crown Heights.
Because the site was rezoned, it has to include affordable units through the city’s Mandatory Inclusionary Housing policy. The listing says it is also expected to get the 421a tax abatement.
The lottery for Eight80 BK closes on May 8. To apply, visit the listing on Housing Connect.
Related Stories
- Affordable Housing Lottery Launches for $844 Units at Atlantic Avenue Tower
- Atlantic Avenue Rezoning, Set to Bring Thousands of Homes, Passes City Council
- Living on Atlantic Avenue, the ‘Spine of Central Brooklyn’
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