EAST WILLIAMSBURG — Where there once were cheap burgers, now there will be cheap digs... 20 percent of them at least.
Sixteen subsidized apartments starting at $867 a month are opening up for lottery in a new, eight-story rental building on the corner of Metropolitan Avenue and Humboldt Avenue, rising from a lot that once housed the fast-food chain White Castle.
Located a block from the Graham Avenue L train stop four blocks from the Metropolitan Avenue G train, this luxe development features a washer and dryer facility, a gym, a tenant lounge and a roof deck.
Studios start at $867 per month for single people earning between $31,612 and $40,080 a year.
One-bedrooms are up for grabs at $931 a month single people and couples earning between $33,875 and $45,840. And two-bedroom apartments rent out at $1,123 a month to couples, three and four-person households earning between $40,492 and $57,240 a year.
Market rate studios run around $2,123 a months, one-bedrooms cost around $2,583, and a two-bedroom apartment in the building could cost you up to $4,061, about four times the rate of the subsidized apartments in the building, according to brokers at CitiHabitats.
While you're trying your luck at the city's housing lottery, three apartments are also open for lottery nearby at 387 Manhattan Ave. where studios are renting at $958 and one-bedrooms are $1096 a month.
They're available to single people and couples earning between $32,846 and $45,840. Applications are due on June 15.