East New York Affordable Housing Lottery Has $1,099 Units

"Included in the lottery for 2795 Fulton Street Apartments are 13 one-, two-, and three-bedroom apartments, all rent stabilized and income restricted and all of which could be deemed truly affordable. The units are set aside for families earning 40, 60, and 80 percent of the Area Median Income, or between $51,018 and $160,720 a year for households of one to seven people, according to the listing. There is a one-bedroom that rents for $1,556 a month."

"Designed by Nikolai Katz Architect and developed by 2795 Fulton St LLC, the new building includes a shared laundry room and outdoor terrace, according to the listing. Units have air conditioning and energy efficient appliances. The listing says tenants have to pay for electricity, which covers the stove, heat, and hot water. Tenants are allowed one pet weighing up to 25 pounds, the listing adds."

An eight-story residential building at 2795 Fulton Street in East New York contains 51 apartments and sits at the corner of Fulton Street and Van Siclen Avenue on a site that was previously a vacant lot. Thirteen units are rent-stabilized, income-restricted one-, two-, and three-bedroom apartments reserved for households at 40, 60, and 80 percent of Area Median Income, with income limits ranging from $51,018 to $160,720 for one- to seven-person households. Sample rents include a $1,556 one-bedroom, two-bedrooms at $1,099 to $2,497, and three-bedrooms at $2,015 and $2,823. The building offers air conditioning, energy-efficient appliances, shared laundry, an outdoor terrace, a ground-floor commercial space, a stepped facade that lowers to three stories on Van Siclen Avenue, and a setback at the sixth story.

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