An affordable housing lottery has opened for eight units in a five-story, 40-unit rental building at 73 Montrose Avenue in East Williamsburg.
Monthly rent is set at $985 per month for a one-bedroom apartment, and $1,114 per month for a two-bedroom. There are four one-bedroom apartments and four two-bedroom apartments up for grabs.
Households of one to two people must have an income in between $33,772 and $43,500 to qualify for a one-bedroom, and households of two to four people must have an income that falls between $38,195 and $54,360. The units are set at 60 percent of the Area Median Income.
Apartments at 73 Montrose Avenue have hardwood floors, black granite counter tops, and recessed and pendant lighting, according to the writeup about the market rate units, which include dishwashers.
Common amenities in the building include a roof deck, laundry room, fitness center and yoga studio. The building has a parking garage — presumably a spot costs extra.
The building is located close to the G, J and M trains, along with several bus lines. The developer of the building is Montrose Park LLC, and the architect of record is Ernest Keller.
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