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New ‘Affordable’ Housing Lottery Opens in Bushwick, Rents Start at $1,999

Site of 111 Troutman St

Aug. 29, 2019 By Allie Griffin

Three new apartments in a newly-constructed Bushwick building are now up for grabs through the city’s affordable housing lottery, but to qualify you must make at least $68,538 a year.

The two one-bedroom units and one two-bedroom unit being offered through the lottery are inside a newly constructed building at 111 Troutman St. The one-bedroom units are each priced at $1,999 monthly, while the two-bedroom unit costs $2,250 monthly. 

The building has a plethora of amenities including a backyard, video intercom system, laundry room, bike storage, stainless steel appliances including a dishwasher and rooftop access. Some units also have balconies. 

The one-bedroom units are open to households of one to three people with an annual combined household income of $68,548 to $124,930, through the lottery. The two-bedroom unit is open to households of two to five people with an annual combined income of $77,143 to $149,890. 

The M and J trains are a short walk away, as well as the B60, B57, B54, B38, B46 and B47 buses. 

In addition to rent, tenants are responsible for paying for electricity, which includes cooling, heating and the stove. 

While the units are given out to eligible applicants through a lottery, some preference is given to applicants with vision, mobility and hearing disabilities. 

The deadline to apply to the lottery is Sept. 19.

email the author: news@queenspost.com

4 Comments

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REisthelongCONinNYC

2000 dollars is market rate for a one bedroom apartment.
Why are realtors and developers being offered sweet tax cuts in exchange for “providing” market rate apartments?Fire and remove the entire HPD, they’re in on the con.

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SJ

Do yourself a favor move out of NYC and relocate to North Carolina and you can buy a 2200 sq foot house with garage central air and heat for 1900 a month at 4.5% interest!

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