15 middle-income units available in up-and-coming Midwood, from $1,350/month
As we recently noted, “Midwood might not yet be considered an up-and-coming ‘hood,” but it is getting a Target and the food hall treatment, which seems to be NYC’s answer to the “Whole Foods effect.” And for New Yorkers who are keen to get in at the very beginning of a possible transformation, the city’s latest affordable housing lottery could be just the answer. As of today, middle-income households earning 130 percent of the area median income can apply for 15 units at the newly constructed rental 1930 Avenue M. It’s located right at the corner of Ocean Avenue, which in recent years has seen a surge of new residential development. The available apartments range from $1,350/month studios to $2,050/month two-bedrooms.
Historically, Midwood has been a predominantly Orthodox Jewish community, but with more young families looking for affordable options in Brooklyn, the neighborhood has seen population growth that’s outpaced the rest of the borough.
The M Tower, as it’s known, is just four short blocks from the express Q train at Avenue M. The building offers rooftop access with a recreation area and a laundry room.
Qualifying New Yorkers can apply for the affordable units at 1930 Avenue M until August 27, 2018. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
Use 6sqft’s map below to find even more ongoing housing lotteries.
If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.
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