The affordable housing lottery has launched for 773 Grote Street, an eight-story residential in Belmont, The Bronx. Designed by Node Architecture Engineering Consulting and developed by Luce Popaj under the 773 Grote LLC, the structure yields 34 residences.
Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $84,755 to $250,380.
Amenities include a garage, a shared laundry room, and elevator. Units come equipped with air conditioning, intercoms, energy-efficient appliances, and name-brand kitchen countertops and finishes.
At 130 percent of the AMI, there are two studios with a monthly rent of $2,472 for incomes ranging from $84,755 to $161,590; three one-bedrooms with a monthly rent of $2,520 for incomes ranging from $86,400 $250,380; and six two-bedrooms with a monthly rent of $2,795 for incomes ranging from $95,829 to $218,010.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than October 15, 2024.
