Affordable Housing Lottery at 165 Broome Street: Studios to Three-Bedrooms in Lower East Side
The Lower East Side remains a popular neighborhood in New York City, known for its excellent dining options (such as Fish Cheeks and Golden Diner) and cultural attractions like the Tenement Museum, the New Museum, and even Dimes Square.
Residing in that area, though, can be quite costly. As per RentHop.com, the average monthly rent price in 2024 stood at $3,300 for a studio, with the median price hovering around $5,825.
The lottery is for the Attorney Street Apartments, a new residential building at 165 Broome Street, which is conveniently located near various amenities such as Essex Market, the Delancey Street – Essex Street Subway Station (F, M, J and Z lines), Chinatown, Little Italy, and Target and Trader Joe’s.
There are a total of 235 units, out of which 196 are designated for affordable housing.
The building, designed by Handel Architects, offers a variety of rental options including studios, one-, two-, and three-bedroom apartments.
The listing states that each apartment is equipped with luxury vinyl tile, engineered stone countertops, and white appliances.
To qualify:
- At 30% of the AMI, there are 34 units for incomes between from $18,480 to $57,780.
- At 50% of the AMI, there are 46 units for incomes between from $37,543 to $96,300.
- At 70% of the AMI, there are 53 units for incomes between from $53,520 to $134,820.
- At 80% of the AMI, there are 63 units for incomes between from $61,509 to $154,080.
Prices for the different types of studios, one-bedrooms, two-bedrooms, and three-bedrooms will vary based on income and household size. The range for studios is $454 to $1,709 per month, one-bedrooms range from $577 to $2,145 per month, two-bedrooms range from $680 to $2,563 per month, and three-bedrooms range from $774 to $2,949 per month.
