A Key Food-replacing rental building in Clinton Hill has now launched the lottery on its affordable units. The eight-story building has a total of 35 affordable rentals up for grabs that come in studio through two-bedroom variants.
Affordable studios rent at $2,030/month, one-bedrooms are asking $2,145/month, and two-bedroom are asking $2,581/month. There are a total of 14 studios, 13 one-bedrooms, and eight two-bedrooms among the affordable rentals, and they’re open to people making anywhere between $69,600 and $135,590 depending on the apartment type and family size.
Though these prices don’t scream affordable, they certainly are on the lower end of rentals in the pricey Clinton Hill neighborhood, where the average rent is just above $2,700/month, according to RentCafe.
Located at 325 Lafayette Avenue, the rental building replaced the neighborhood’s Key Food, though CityRealty reports that negotiations with neighbors prompted the developer to bring back a Key Food at the base of the rental.
Aside from the affordable rentals, the building also has 78 market-rate rentals, though it’s not yet clear when leasing will launch on those. Residents in the building will also have access to some amenities including a gym, a bike room, and a rooftop terrace. In addition to the grocery store, this Aufgang Architects-designed building will also have a non-profit health center, and 59 underground parking spots.
Prospective tenants for the affordable rentals have until June 5 to apply.