1992 Third Avenue

Despite the city's recent rezoning efforts to make East Harlem more affordable, it seems as though the latest batch of lotteries are anything but. Last month, a middle-income lottery came online for 111 East 115th Street, where some of the "affordable" apartments were actually more expensive than the market-rate units. As of today, New Yorkers earning 130 percent of the area median income can apply for five one-bedroom apartments at the new rental 1992 Third Avenue, just off 110th Street. The units are reserved for one- and two-person households earning between $77,246 and $99,320 annually and are renting for $2,253/month--not much less than the neighborhood's $2,392/month average for one-bedrooms.
Find out if you qualify