NYC housing lottery: Buy an apartment for under $7K

BRONX, N.Y. (PIX11) — Waitlists have opened for two affordable housing lotteries offering apartments for sale for under $7K in New York City.

The buildings are located in the Bronx and are part of the Mitchell-Lama program that provides affordable rental and cooperative housing to moderate and middle-income families.

Tower Gardens

• Location: 1591 Bruckner Boulevard, Bronx, 10472
• Units for sale:
  • 1-bedroom units are available for $5,976 to $6,359.
    • A household of one to three people with an annual income up to $145,800 qualifies. There is a monthly maintenance charge of $1,121.92 to $1,132.92.
  • 2-bedroom units are available for $6,666 to $7,049.
    • A household of one to four people with an annual income up to $162,000 qualifies. There is a monthly maintenance charge of $1,435.17 to $1,444.17.
• Click here to create an account to apply online.
• To request a paper application, call (718) 991-4066 or email mrosario@metromanagementdev.com.

Carnes McKinney

• Location: 750 Faile Street, Bronx, 10474
• Units for sale:
  • 1-bedroom units are available for $6,383 to $6,930.
    • A household of one to two people with an annual income of $108,575.52 to $127,906.38 qualifies. There is a monthly maintenance fee of $1,471.83 to $1,752.25.
  • Click here to create an account to apply online.
  • To request a paper application, call (917) 414-8682 or email smiles@summitbmi.com.