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33 Units up for Grabs in LIC Affordable Housing Lottery, Studios Start at $2,241

42-10 27th St. (Google)

April 28, 2020 By Michael Dorgan

A new affordable housing lottery has opened with 33 units on offer in a large Long Island City development.

The units, located at 42-10 27th St. in a building called One LIC, include studios, one-bedroom, two-bedroom and three-bedroom apartments. Applicants have until June 9 to apply and units will be awarded to qualified tenants via a lottery.

Studios will start at $2,241 per month, with three-bedroom units going for as high as $3,283 per month.

The building, which is 21 stories and contains 110 apartments, is located adjacent to the Queensboro Plaza subway station which serves the N, W, and 7 lines.

The new building boasts a rooftop deck and includes other amenities such as a public lounge, party room, laundry room and bike storage.

Parking is also available at an additional cost.

Eight studio apartments are available for $2,241 per month for individuals making between $76,835 and $97,110, and two-person households earning up to $111,020.

The largest share of units on offer are one-bedroom lots with a total of 12 available. All of these units are being offered for $2,362 per month. To qualify individual renters must make between $80,983 and $97,110. Households of two can have an income up to $111,020 and households of three can go up to $124,930.

There are eight two-bedroom units on offer, with all eight going for $2,849 per month and are available to households between two to five people. Income requirements begin at $97,680 and top off at $149,890 for a household of five.

Five three-bedroom units are also on offer at $3,283 per month and are available to households between three and seven people. Income requirements begin at $112,560 and are capped at $172,120 for a household of seven.

The rent covers gas and hot water. Tenants will be responsible for electricity.

Preference will be given to applicants who are already residents of New York City, with additional preference given to those with mobility, vision, or hearing impairments.

For more information and to apply, go to New York Housing Connect.

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13 Comments

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Natalie

Hopefully the rents will go down. My landlord is practically begging for me to stay. I laughed in his face when he offered me only a 20 dollar rent decrease for a lease renewal. Its a renters market now. Pay what you want or do not pay at all if you are unemployed.

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ABoondy

its an unpleasant area that has nothing appealing visually. its surrounded by skyscrapers, and on top of that, there’s plenty of noise pollution from the subway and constant construction thats been going on for years. i wouldnt want to live there even if rent was free. its not a very good area and close to the projects.

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No Way

From the website, market rate is:
$4,980 – $5,131 for a 3 Bed 2 Bath
$3,162 for a 1 Bed 1 Bath

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Rodrigo

Affordable Housing is Not Really Affordable Anymore; only if you Earn a High Salary!
One Reason for so many Homeless people!
In Addition, Compelling Multiple Families to live in one Apartment, Consequently Spreading the Covid-19 Disease Pandemic like Wildfire!
If someone can afford this kind of inflated Rent, then it might be Better to buy a House and invest your Money in Real Estate!
Otherwise, Perhaps it’s more Realistic to live outside of NYC.

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Ollie

Over 2k (and make around 90k per year) for a bed in the kitchen! Thats affordable, what a great deal!

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