August 6, 2018
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.
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