"Another affordable housing lottery has launched at Williamsburg Wharf, a large luxury development along the East River just south of the Williamsburg Bridge. The lottery applies to one of the project's five 22-story buildings. The lottery is for Williamsburg Wharf A3, aka 470 Kent Avenue, and includes 55 studio, one-, and two-bedroom apartments. All of the units are rent stabilized and income restricted, reserved for households earning 80 percent of the Area Median Income or $75,532 to $140,000 annually for households of one to five people, according to the listing."
"They lottery includes 15 studios renting for $2,076 a month, 33 one-bedroom apartments priced at $2,218, and seven two-bedroom units going for $2,648 a month. Developed by the Naftali Group and designed by Brandon Haw Architecture and Hill West, the building will contain 183 apartments in total, according to permit filings. Apartments come equipped with dishwashers, in-unit washers and dryers, air conditioning, and high-end appliances, the listing states. Tenants are responsible for electricity, which covers heating and cooling, while gas and hot water are included in the rent. One pet weighing up to 30 pounds is allowed."
"Marketed by the developer as offering "resort-style" living, the building amenities include a dog park, basketball court, swimming pool, gym, rooftop terrace, electric vehicle charging stations, and car and bike parking. Some amenities require additional fees, according to the listing. Altogether, the five-building Williamsburg Wharf project covers 3.75 acres and offers 525 feet of waterfront access, including a public promenade, walking paths, and landscaped open space, according to the development's website. Retail space is planned for the lower floors of the buildings."
Williamsburg Wharf A3 at 470 Kent Avenue offers 55 rent-stabilized, income-restricted studio, one- and two-bedroom apartments reserved for households at 80 percent of Area Median Income, with eligibility ranging from $75,532 to $140,000 annually for one- to five-person households. Rents are $2,076 for studios, $2,218 for one-bedrooms, and $2,648 for two-bedrooms. The building, developed by the Naftali Group and designed by Brandon Haw Architecture and Hill West, will contain 183 total apartments and includes in-unit dishwashers, washers and dryers, air conditioning, and high-end appliances. Utilities arrangements, pet policy, and extensive amenities and waterfront access apply.
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