Affordable Housing Lottery Launches for 406 Remsen Avenue in East Flatbush, Brooklyn
The affordable housing lottery has launched for 406 Remsen Avenue, an eight-story mixed-use building in East Flatbush, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Samnon Associates, the structure yields 95 residences. Available on NYC Housing Connect are 26 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $73,166 to $227,500.
Amenities include gated access, an elevator, garage, bike storage lockers, shared laundry room, gym, storage, and a senior center. Residences are equipped with air conditioning, energy-efficient appliances, patios or balconies, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity, including stove, heat, and hot water.
At 80 percent of the AMI, there are seven studios with a monthly rent of $1,927 for incomes ranging from $73,166 to $103,680; eight one-bedrooms with a monthly rent of $2,030 for incomes ranging from $78,995 to $116,640; and 11 two-bedrooms with a monthly rent of $2,363 for incomes ranging from $95,520 to $140,000.
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