An affordable housing lottery has opened for 19 units in an otherwise market-rate building 635 4th Avenue in Greenwood Heights, starting at $813 month. The 12-story building will have shops on the ground floor and house 91 units total.
The units in the lottery are set at 60 percent of the area median income, and the 19 units up for grabs consist of eight studio apartments, seven one-bedrooms, and four two-bedroom units.
An eligible applicant must earn between $30,343 and $40,080 a year to qualify for a studio renting for $813 a month. Eligible applicants for the one-bedroom apartments must be one or two person households and earn between the $31,338 and $45,840 a year. The one-bedrooms rent for $840 a month.
Lottery-winning households between two and four people that earn between $37,406 and $57,240 a year can rent a two-bedroom apartment for $1,013 a year.
Features in the building include a gym, lounge, kids room, pet spa, bike room, and outdoor amenity space, according to the lottery notice. Additionally, there’s parking for 20 cars and storage for 59 bikes.
The building was designed by ND Architecture. Founded by architect Nataliya Donskoy, ND Architecture has established a reputation for creative design on a budget. Principal Nataliya Donskoy is a former protege of architect Robert Scarano. With stepped facades, protruding cubes and color blocking, the building design may have been inspired by ODA.
The developer on the project is the Williamsburg-based Bushburg Properties, which manages and develops properties from Bed Stuy to Downtown Brooklyn, including a 28-story tower with LED lighting at night.
The building appears to have started leasing as early as March, with move-ins starting in mid-October. The dozen or so market-rate units currently available start at $2,400.
Listings show quartz counter tops and stainless steel appliances in kitchens, black-metal pendant light fixtures, wide-plank flooring and marble baths.
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