LOWER EAST SIDE, NY — The deadline to apply for an affordable housing lottery for 11 new apartments on the Lower East Side is coming up, offering qualifying New Yorkers a chance to live downtown without breaking the bank.
The apartments are located at 125 Chrystie St. near Broome Street and range from studios to two-bedroom units, with rents between $1,517 and $3,159, according to the city's Housing Connect listing. The deadline to apply is Sept. 2.
However, there is a catch: Your total income and family size need to fit within a certain range to be eligible to apply to the housing lottery, and each lottery has different income restrictions, based on a measurement called "Area Median Income," which you can calculate here.
Once New Yorkers apply for an eligible unit, they are issued a log number, and then the numbers are chosen at random by an automated system, lottery-style.
The apartments are available to households earning up to 60 percent of the area median income, earning $58,869 to $183,200, with specific income requirements varying by apartment and household size.
For example, eligible incomes for a studio apartment range from $58,869 for a one-person household to $81,420 for a two-person household.
The lottery also includes five one-bedroom apartments, with estimated prices of either $1,527 or $2,706 and four two-bedrooms priced at an estimated $1,745 to $3,159.
The apartments feature large windows, dishwashers, washers and dryers in-unit, air conditioning, high-end finishes, hardwood floors, and patios or balconies.
Building amenities include a spa, storage rooms, a yoga and dance studio, and an elevator.
Qualifying New Yorkers can review the full eligibility requirements through NYC Housing Connect. Apply by Sept. 2. Click here for more information.
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