Affordable Housing Lottery Opens for Nine Units in Williamsburg, Starting at $1,342 a Month

Photo via Rennit

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An affordable housing lottery has opened for nine units in an eight-story building at 56 Ainslie Street in Williamsburg.

Of the affordable apartments, there is one studio and six one-bedroom units. Monthly rents start at $1,342 and top out at $2,631.

The lottery is set at an area median income range of 130 percent for four of the units and 80 percent for the remaining five units. Eligible incomes range between $51,738 and $139,620 for households of one to three people.

There are a total of 27 apartments in the building. Permits show 11 parking spaces on the ground floor, a recreation room and outdoor space can be found on the second floor.

A two-story building occupied by Pat Tat Trading was demolished in 2019, making way for the new building. Next door is currently an empty lot owned by Con Edison, where the Ainslie Street Power House once stood before it was demolished in 2013.

56 Ainslie Street in 2012. Photo by Christopher Bridge for PropertyShark

The former Ainslie Street Power House in 2006. Photo by Scott Bintner for PropertyShark

The property sold in 2018 for $5.1 million to Solomon Feder, who is listed as the owner on building permits. Feder is the developer behind the hulking, dance-club replacing 11-story apartment building dominating a small stretch of Fulton Street in Bed Stuy and the massive, 20-story development at 123 Linden Boulevard in Flatbush, which looms over nearby Lenox Road.

Charles Mallea of J Frankl C Mallea Associates and Architects is the applicant of record.

Photo via Rennit

Recent listings for market-rate units in the same building show large floor-to-ceiling windows, open kitchens with striking blue cabinets above the stove and sink, and more of the striking blue in the bathrooms.

Photo via Rennit

Photo via Rennit

Applications for the affordable housing lottery must be submitted by May 11, 2021. Apply through NYC Housing Connect.

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