Housing lottery opens for 12 units at 36-45 31st Street in Long Island City
Built World New York, NY localTwelve one-bedrooms at 130% of area median income rent for $3,059 a month; the application window closes Nov. 26.
Overview
New York City's housing lottery for 12 one-bedroom apartments at 36-45 31st Street in Long Island City closes Nov. 26. The units rent for $3,059 a month and are set aside for households earning 130% of the area median income, which works out to $113,520 to $198,510 a year for one to three people.
The six-story building has 40 apartments; the other 28 rent at market rates. Applicants face an asset cap of $220,480, and tenants pay electricity, including the stove, hot water and heat. Parking costs $400 a month, and one pet up to 20 pounds is allowed.
Why it matters
The lottery sets aside 12 units at 130% of area median income, a band that qualifies as affordable but still requires six-figure earnings.
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Key Indicators
Related Media
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People Involved
Organizations Involved
NYC Housing Connect is the city's online portal for affordable housing lotteries.
The limited liability company is the developer entity behind 36-45 31st Street.
Reside New York is the marketing agent listed for the 36-45 31st Street lottery.
Green Design Construct is the design firm named for 36-45 31st Street.
Timeline
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Housing lottery opens for 12 units at 36-45 31st Street
Latest HousingNYC Housing Connect lists 12 one-bedroom units at $3,059 a month for households at 130% of area median income.
Scenarios
All 12 lottery units lease by mid-2027
Discussed by: NYC Housing Connect listing and local lottery trackers
The building is new and the lottery runs for 20 days. If applications exceed the 12 units, the marketing agent will draw and screen applicants. The units would then lease at $3,059 a month.
Applications close on schedule with a full applicant pool
Discussed by: NYC Housing Connect listing
Applications are free and the listing is active. The main question is whether the income floor of $113,520 for one person limits the applicant pool. A full pool would still close on schedule.