Set at an area median income range of 130 percent, this is the second lottery to launch at the building.
Eligible household incomes range between $13,440 and $79,440 a year for studios to three-bedrooms.
The eight-story, 50-unit brick and steel building will have a traditional yet contemporary look, a rendering posted on the fence shows.
An affordable housing lottery has opened up for 35 apartments in an eight-story building under construction on Lafayette Avenue in Clinton Hill.
An affordable housing lottery has launched in East Williamsburg for 10 units with studios starting at $833 a month.
The luxury rental building is part of the redevelopment and conversion of a landmarked daylight factory to condos on the other side of the block.