2-Bedrooms Rent for $1,060 in Uptown Housing Lottery

By Nigel Chiwaya on April 1, 2014 12:19pm | Updated on April 1, 2014 2:13pm

 A handful of affordable one- and two-bedroom apartments are available at The Stack, a prefabricated housing unit in Inwood.
A handful of affordable one- and two-bedroom apartments are available at The Stack, a prefabricated housing unit in Inwood.
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DNAinfo/Nigel Chiwaya

INWOOD — The building is stacked, but some of the rent costs won't be.

Six apartments in the prefabricated Inwood building The Stack are up for grabs through an affordable housing lottery, and lucky winners will be able to snag a pad at a steal.

There are three available two-bedrooms and three one-bedroom apartments in the building, which offers a mix of affordable and market-rate units. The one-bedrooms in the lottery will rent for $909 a month and the two-bedrooms are $1,060 monthly, officials said.

Income and household size limits apply. The one-bedroom units are available to families of up to two people making less than $40,320 combined. The two-bedroom apartments are for families of four earning $50,340 or less. The full breakdown of apartments and income restrictions is listed below.

Community Board 12 residents, along with people who have visual, motor or hearing impairments will have their applications processed before general applicants, according to the nonprofit Housing Partnership, which is handling the selection process. Those selected through the lottery will be notified via letter for interviews starting at the end of May.

The building is pet-friendly, and winning applicants can expect to move into their new homes in July or August.

The Stack was built in only 19 days last July by developers Jeffrey Brow and Kim Frank, near Academy Street at 4857 Broadway. The 38,000-square-foot building features a total of 28 apartments and 4,000 square feet of first-floor retail space.

The deadline for lottery applications is Friday, April 4. To apply, visit http://www.nyc.gov/housingconnect.

The Stack Housing Lottery

The Stack Time lapse
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Vimeo/Gluck+

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