"The 10-story, mixed-use property at 11 Gerry Street is part of Rabsky's sprawling Broadway Triangle development, where a new housing lottery is offering all 120 units. The affordable apartments include 41 one-bedroom units, 40 two-bedrooms, 16 three-bedrooms and 24 four-bedrooms."
"Several different income ranges are eligible to apply, including households making as little as 40 percent of the area median income, or $32,160 per year for a single person. The highest income bands are 100 percent AMI, or $78,206 for one person."
"The cheapest units will rent for $812 per month for 18 of the one-bedroom units, $965 for 20 of the two-bedrooms, $1,105 for seven of the three-bedrooms and $1,222 for eight of the four-bedroom units, according to the listing."
The Broadway Triangle development in South Williamsburg has completed its first building at 11 Gerry Street, offering 120 affordable apartments through a housing lottery. The mixed-use property contains 41 one-bedroom, 40 two-bedroom, 16 three-bedroom, and 24 four-bedroom units. Eligible households earn between 40-100% of area median income, ranging from $32,160 to $78,206 annually for single persons. Rents start at $812 monthly for one-bedroom units. Built under the city's Inclusionary Housing Program, the building features modern amenities including energy-efficient appliances, bike storage, laundry facilities, and balconies. Applications are accepted online through Housing Connect or by mail until March 4, 2026.
#affordable-housing #south-williamsburg #housing-lottery #inclusionary-housing-program #brooklyn-development
Read at Brooklyn, NY Patch
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