A housing lottery is closing soon for 1026 Third Avenue, which is a brand-new building in Lenox Hill — a walkable, tree-lined section of the Upper East Side that puts you close to Central Park and several museums.
There are 27 affordable units available, with studio, one-bedroom, and two-bedroom apartments for households of one to five people. Rents range from $960 to $4,347/month, depending on the unit and your income. Eligible incomes go from $38,572 to $227,500.
Why are starting rent prices so affordable? The building is being developed through the city’s Inclusionary Housing Program and plans to receive the 421-a tax incentive. Both aim to bring more income-diverse housing into high-cost neighborhoods.
Each apartment comes with a washer/dryer, dishwasher, energy-efficient appliances, and sleek finishes. The building has bike storage, a gym, business center, rooftop, and outdoor terraces. And yes, pets are welcome (one per household, no fees).
A portion of units are set aside for people with mobility, vision or hearing disabilities. Preference is given to residents of Manhattan Community Board 8 (serving Lenox Hill, Yorkville, and Roosevelt Island) and NYC employees.
No application fees or deposits are required. Apply here by Friday, May 16. Or to request an application by mail, send a self-addressed envelope to:
1026 3rd Ave Apartments, c/o Housing Line, 109 East 9th Street
New York, NY 10003
