Work on ODA New York’s Crown Heights rental has made swift progress this past year after being in development for over three years now. Starting Thursday, prospective tenants will be able to apply for one of the building’s 24 affordable apartments, once the lottery gets underway, DNAinfo reports.
Rents on the affordable units range from $845/month for a studio and go up to $1,022/month for a two-bedroom. The majority of the affordable units however are one-bedrooms and they’re being offered up at $856/month. The one-bedrooms will be available to people making between $31,303 to $43,500/year.
The affordable apartments make up 20 percent of the total apartments at this eight-story building, which now goes by the address of 1040 Dean Street (previously 608 Franklin Avenue). There’s no word yet on when the 96 market-rate units at this building will begin leasing, but some of the amenities residents can look forward to include a fitness center, a rooftop terrace, and bike storage.
Google Maps images from October 2016 reveal that the building has been entirely fitted out in its typically ODA New York-style glassy facade. 1040 Dean Street has been built on part of the site that once housed the Nassau Brewery. Another part of the former Brewery is being developed into a mixed-use space with apartments, possibly an underground restaurant, and retail. This is just one of the many brewery-to-residential transformations taking place across the city.
Applications for 1040 Dean Street’s affordable units will take place through NYC Housing Connect [PDF!] and applicants have until March 13 this year to apply.