"Included in the lottery for Prosper Brooklyn, located at 1042 Atlantic Avenue in Crown Heights, are 65 studio, one-, and two-bedroom units, all rent stabilized and subject to income limits. The majority are truly affordable units, with 52 apartments set aside for households of one to five people earning 40 and 60 percent of Area Median Income, or $34,492 to $77,760 a year."
"There are upscale amenities, including a movie theater, pilates room, sauna with a cold plunge pool, pet washing station, pickleball court, zen garden, and coworking lounge. More standard amenities include a shared laundry room and rooftop terrace. Amenities may require an additional fee, the listing says."
"Along Atlantic Avenue, renderings show a modern design with curved edges, gridded windows, and planted rooftops on setbacks at the sixth and eleventh floors. Apartments feature floor-to-ceiling windows and light wood and white finishes."
Prosper Brooklyn, a new development at 1042 Atlantic Avenue in Crown Heights, launched an affordable housing lottery featuring 65 rent-stabilized units. The majority of apartments serve households earning 40-60% of Area Median Income, with studios renting from $844-$1,483, one-bedrooms at $869, and two-bedrooms at $976 monthly. Thirteen additional units target households earning 130% AMI. The modern building includes upscale amenities such as a movie theater, pilates room, sauna with cold plunge pool, pet washing station, pickleball court, zen garden, and coworking lounge. The development features floor-to-ceiling windows, modern design with curved edges, and setback rooftops. Pet policies allow up to two pets with a 50-pound weight limit.
#affordable-housing #brooklyn-development #rent-stabilization #atlantic-avenue-rezoning #mixed-income-housing
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