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Applications Open For 65 Rentals in Waterfront Tower Starting at $565 Per Month

via ODA

June 13, 2018 By Nathaly Pesantez

Housing applications are live for dozens of apartments at one of the three towers that are part of a waterfront complex by the Williamsburg Bridge.

At 416 Kent Ave., 65 apartment are available ranging from studios to two bedrooms and meeting a variety of incomes.

Just under 25 units are available for people making 40 percent of the Area Median Income. The majority of the units in this category are studios, and are available at a monthly rent of $565 for a person making between $21,257 and $29,240. A one-bedroom apartment is also available for a monthly rent of $607 for up to two people with a combined income between $22,766 and $33,400.

A total of 26 one and two-bedroom apartments are available for those earning 60 percent of the Area Median Income. A family of two, for example, can pay $931 for a one-bedroom with a combined income between $36,823 and $50,100.

Under this income category, a family of four with an income between $40,492 and $62,580 can also qualify for a two-bedroom apartment with a monthly rent of $1,123.

The highest rent under this housing lottery is $2,733 for a two-bedroom. A family of four, earning between $95,692 and $135,590, or 130 percent AMI, can qualify for one of three available two-bedrooms.

Half of the 65 units will go to Brooklyn Community Board 1 residents, making up the areas of Greenpoint and Wiliamsburg.

The building includes a gym, lounge, laundry with washer and dryer, and a concierge.

To apply online, visit To apply via mail, follow the instructions listed in the affordable housing notice for the building.

The development includes three 22-floor towers with a total of 857 apartments, of which 20 percent will be affordable.

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how about a family of 5? what if a family of 4 has another child? do they have to leave? If you get a promotion and make over the limit do you have to leave? Do your kids get to live there when you retire and move? How do they regulate extra people staying in the apartment after the lease is signed?


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