NYC housing lottery: Buy an apartment for as low as $16K
NYC housing lottery: Buy an apartment for as low as $16K
BRONX, N.Y. (PIX11) — New York City Housing Connect has opened a waitlist for a lottery that offers apartments for sale as low as $15,745.
The units are available at the Mitchell-Lama Dennis Lane Apartments, Inc., at 2414 Crotona Avenue in the Bronx.
NYC housing lottery: Buy an apartment for $30K
Applicants must be New York State residents, and only one request may be submitted per applicant.
|
Apartment size |
Maintenance fees |
Purchase price |
Income limit |
Household size |
|
Studio |
$960 |
$15,745 |
$38,400 – $182,250 |
1 to 3 people |
|
One-bedroom |
$1,210 |
$20,201 |
$48,400 – $182,250 |
1 to 3 people |
|
Two-bedroom |
$1,450 |
$24,656 |
$58,000 – $202,500 |
2 to 4 people |
|
Three-bedroom |
$1,750 |
$31,329 |
$70,000 – $235,000 |
4 to 6 people |
There will be a limit of 300 applicants drawn for the studio, one-bedroom, and two-bedroom lotteries, respectively, and 100 applicants drawn for the three-bedroom lottery.
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The lottery closes on April 8.
There is a non-refundable $75 application fee. You can apply for the lotteries online.
Ben Mitchell is a digital content producer from Vermont who has covered both local and international news since 2021. He joined PIX11 in 2024. See more of his work here.
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