Lottery opens for 40 middle-income units near the park in Prospect Lefferts Gardens, from $2,350/month

A housing lottery opened this week for 40 middle-income units at a new residential development in Prospect Lefferts Gardens. Located at 210 Clarkson Avenue, the eight-story mixed-use rental building offers residents modern apartments with state-of-the-art amenities and easy access to Prospect Park. New Yorkers earning 130 percent of the area median income, or between $80,572 for a single person and $198,250 for a household of five, can apply for the apartments, priced at $2,350/month for one bedrooms and $2,750/month for two bedrooms.

Developed by K2 Real Estate Partners and designed by Hill West Architects, 210 Clarkson contains a total of 165 rental units. Amenities include private working spaces, a gym, a yoga studio, a lounge, a game room, a screening room, a pet spa, and a large outdoor terrace. A new supermarket will be on the ground level.

The apartments feature thoughtfully crafted layouts with spacious floor plans and stainless steel appliances in both the kitchens and bathrooms. Select units come with walk-in closets, separate home offices, and outdoor terraces, according to the building’s website.

Prospect Lefferts Gardens, home to both tree-lined residential streets and bustling commercial avenues, offers endless options for dining, shopping, and nightlife. The 585-acre Prospect Park is a few blocks west and several subway lines make it a decently easy commute to Manhattan.

Permits for the new rental building were filed in December 2019, according to Yimby. In addition to the residences, 210 Clarkson has roughly 18,700 square feet of commercial space and 700 square feet for a community facility.

In November 2019, SCALE Lending provided K2 Real Estate Partners with a $68.5 million construction loan to finance 210 Clarkson. SCALE is the real estate affiliate of Slate Property Group and is one of the most prominent money lenders in the New York City real estate market, according to Yimby. The loan was arranged by Meridian Capital Group.

Nearby public transit options include the 2, 5, B, Q, and S trains, as well as the B12, B44, B44-SBS, and B49 buses.

Qualifying New Yorkers can apply for the affordable units until January 3, 2024. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

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