Coney Island rental a block from the beach opens lottery for 299 units, from $410/month

Applications are being accepted for 299 mixed-income units at a new 100 percent affordable development one block from the beach in Coney Island. The 10-story mixed-use building at 1607 Surf Avenue is the second phase of a development project from BFC Partners that includes 1,000 new affordable homes. New Yorkers earning 30, 50, 70, and 120 percent of the area median income, or between $17,006 for a single person and $210,120 for a household of seven, can apply for the apartments, priced from $410/month studios to $2,656/month three bedrooms.

Designed by S9 Architecture, the $189 million mixed-use building measures 361,000 square feet and contains 376 affordable rental units. A new primary care facility operated by NYC Health and Hospital Corporation is on the ground floor.

Residences include 94 studio apartments, 105 one-bedroom apartments, 150 two-bedroom apartments, and 26 three-bedroom apartments, with 57 of the units set aside for formerly homeless households. The apartments feature in-unit dishwashers and hardwood floors.

Amenities include a landscaped roof deck, fitness room, children’s play space, party room, a shared laundry room, and a tenant lounge. The property also has 61 above-ground parking spaces rentable by tenants. The building sits one block from the historic Coney Island beach and boardwalk.

The building is the second phase of BFC Partner’s three-phase Coney Island development. Phase one concluded with the opening of 2926 West 19th Street, a two-tower, 16-story project from L+M Development Partners Inc., BFC Partners, and Taconic Investment Partners. Work began on 1607 Surf Avenue last January. The final phase is planned for 1709 Surf Avenue with 464 affordable units.

The project is funded by the NYC Department of Housing Preservation and Development and the NYC Housing Development Corporation’s Extremely Low and Low-Income Affordability Program and Voluntary Inclusionary Housing Program, as 6sqft previously reported.

Nearby public transit options include the F and Q subway lines, as well as the B36, B74, and B82 buses.

Qualifying New Yorkers can apply for the apartments until January 5, 2024. Complete details on how to apply are available here. Preference for 50 percent of the units will be given to residents of Brooklyn Community District 13. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

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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