Dumbo affordable housing lottery launches, with rentals from $895

The housing lottery for 21 affordable apartments in a new Dumbo building opened today, offering one- to three-bedrooms priced from $895 (h/t 6sqft). The lottery is for 181 Front Street, the former site of a warehouse sold off by the Jehovah’s Witnesses to developers Megalith Capital Management and Urban Realty Partners. Architect Ariel Aufgang designed a new 12-story, 105-apartment building for the site.

The lottery’s 21 apartments include nine one-bedrooms asking $895, 11 two-bedrooms asking $1,082, and one three-bedroom asking $1,247. A variety of income restictions apply to the lottery, and can be viewed on the Housing Connect website. Tenants will have access to a gym, playroom, shared rooftop, laundry facilities, and bike storage, as well as parking for an additional fee.

The lottery closes on May 1. Fifty percent of the affordable apartments are set aside for Brooklyn Community Board 2 members, 7 percent for applicants with a disability, and 5 percent for municipal employees.

• Housing Connect: 181 Front Street [official]
• Live in a hip DUMBO warehouse conversion for $895/month, lottery opening at 181 Front Street [6sqft]
• Where to find affordable housing in NYC [Curbed]