Real Estate

Lottery Opens Tomorrow For 300+ Affordable Units At 38 Sixth Avenue

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Image courtesy: Greenland Forest City Partners

Starting tomorrow, you can apply for one of the 303 affordable units at 38 6th Avenue in Prospect Heights. The new building, which will have no market rate apartments, is part of the Pacific Park/Atlantic Yards development.

Available apartments range in size from studios to three-bedrooms. The lottery for 38 6th Avenue will run for 60 days, until March 14. Visit NYC Housing Connect to apply and/or learn more.

Half of the building will be set aside for residents currently living in Brooklyn Community Boards 2, 3, 6 and 8. An additional 7 percent of the units will be reserved for vision, hearing, or mobility disabled applicants; and a 5 percent preference will be given to municipal employees.

Image courtesy: Greenland Forest City Partners

Demand for affordable housing in other Pacific Park buildings has been profound. According to the developer, the lottery for 461 Dean Street received more than 84,000 applications for 181 below-market units; and 535 Carlton Avenue’s lottery drew roughly 95,000 applications for 298 apartments.

Built by Greenland Forest City Partners and designed by SHoP Architects, 38 6th Avenue will be located between Pacific and Dean Streets, and is a short walk from Flatbush Avenue. The 23-story building will sit behind the Barclays Center and the massive transit hub beneath it.

As Brownstoner notes, ShoP Architects also designed the Domino Sugar Factory redevelopment and “Brooklyn’s first supernal skyscraper” at 340 Flatbush Avenue Extension. Greenland Forest City is a joint project of Greenland USA and Forest City Ratner.

The new residents of 38 6th Avenue will have access to a rooftop terrace, as well as underground parking, laundry facilities on every floor, a fitness center, resident lounge, children’s play area, bike storage and pet grooming area. The building will also house a medical facility and some retail.

Image courtesy: Greenland Forest City Partners

The Numbers

Of the 303 units at 38 6th Avenue, there will be 66 studios, 131 one-bedrooms, 90 two-bedrooms and 16 three-bedrooms.

Just over half (152) of the units will be set aside for middle-income households earning 165 percent of area median income (AMI), with annual salaries ranging from $74,606 to $173,415 (according to the table below).

  • 77 units will be set aside for low-income households earning 60 percent of AMI
  • 46 units will be set aside for middle-income households earning 145 percent of AMI
  • 14 units will be set aside for middle-income households earning 100 percent of AMI
  • 14 units will be set aside for very low-income households earning 40 percent of AMI
Image courtesy: Greenland Forest City Partners

There are five distinct income groups (based on their percentage of area median income) that qualify for housing at 38 Sixth Avenue. Depending on income, rents will range from $532 for a studio, to as much as $3,695 for a three-bedroom.

Courtesy: Greenland Forest City Partners

The incomes of applicants can range from as low as $20,126 (if renting a studio) to $173,415 (if renting a 3-bedroom).

Courtesy: Greenland Forest City Partners

Once complete, Pacific Park will include 6,430 new units of housing spread across 14 residential buildings. According to the developer, 35 percent (2,250 units) will be affordable to low and middle-income New Yorkers.

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  1. I can rent a cheaper apt in diker hights bensonhurst bay ridge for band 4 and 5 you call this low rent so for a 2 bedroom you want 2600 or 3200 you can get cheaper then that you can rent in these places for 16 to 22 hundred this is a fraud

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