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Snag a 1-Bedroom Apt. For $558 a Month a Block From the C Train in East NY

By Noah Hurowitz | October 6, 2017 6:21pm | Updated on October 9, 2017 7:22am
 Applications are open at 2501 Pitkin Ave., a newly constructed building developed by the Cypress Hills Local Development Corporation.
Applications are open at 2501 Pitkin Ave., a newly constructed building developed by the Cypress Hills Local Development Corporation.
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Cypress Hills Local Development Corporation

EAST NEW YORK — Applications are open for 47 below-market-rate apartments in a new residential building, where rents cost $558 for a one-bedroom and $676 for a two-bedroom.

The lottery is for one, two, and three-bedroom apartments in a new building located at 2501 Pitkin Ave. at Berriman Street, with amenities including a community room, bike storage, a laundry room, a backyard patio, a playground and a garden area, according to the city’s Housing Connect Website.

Applications are open through Nov. 27, and can be submitted online or by mail.

► READ MORE: How to Apply For Affordable Housing in New York City

The seven-story building will have 60 units in total and is being developed by the Cypress Hills Local Development Corporation. It's a block away from the Shepherd Avenue C station and is also accessible by the J, Z, 2, 3, 4, and 5 trains and by the B14 bus.

The lottery is open to people making 40, 50, and 60 percent of the area median income, with unit rental prices depending on a tenant’s AMI, according to NYC Housing Connect.

The 40-percent AMI units range in price from $558 for a one bedroom to $676 for a two bedroom, and are open to applicants with incomes between $21,086 and $38,160, depending on unit size and number of household members.

Applicants at 50 percent AMI can snag a one, two, or three-bedroom apartment varying in price from $720, $870, and $1,000 per month, with applications open to those making between $26,640 and $55,350.

INTERACTIVE: What Is AMI?

The 60-percent AMI one, two, and three-bedroom apartments vary in price from $882, $1,065, and $1,224 per month, and are open to applicants making between $32,195 and $66,420, depending on unit and household size.

The building’s affordable units were financed through the Extremely Low and Low-income Affordability program of the city’s Department of Housing Preservation and Development.

For more information on income levels, available units, and how to apply, visit the NYC Housing Connect website.