Housing lottery launches for 8-story residential building in Belmont, rent starts at $2,472

housing
773 Grote Street Apartments.
Photo courtesy of NYC Housing Connect

New York City has launched a housing lottery for 11 units at 773 Grote St. in Belmont.

The 8-story residential building yields 34 residences, with 23 being at market rate. The other 11 units have been set aside for those earning 130% of the area median income.

Two of these units are studios, with a monthly rent of $2,472. Up to two people can reside in each unit, so long as they combine for an annual income ranging from $84,755-$161,590.

Another three of the units set aside are one-bedroom, with a monthly rent of $2,520. They are meant for households of up to three people, who combine to earn $86,400-$250,380 annually.

The other six units are two-bedroom, with a monthly rent of $2,795. As many as five people can live in each residence. The annual household income must be 95,829-$218,010.

Amenities for residents of 773 Grote Street Apartments include high-end kitchen appliances, countertops and finishes, energy-efficient appliances, air-conditioning and intercommunication devices in each unit. The building also has garages, a shared laundry room, security cameras and an elevator. In addition to being smoke-free, the building also has a pedestrian-friendly walk score in the area. It is also located within close proximity to bus stops, allowing for easier access to public transportation. Tenants will be responsible for electricity, including electric stove, electric heat and electric hot water.

Those who intend to apply for housing at 773 Grote Street Apartments must meet the housing and income size requirements. New York City residents who apply will receive a general preference for the units. Applications must be postmarked or submitted online by Oct. 15. Qualified applicants will also be required to meet additional selection criteria.

Node Architecture, Engineering and Consulting designed the building and Luce Popaj, under the 773 Grote LLC, developed it.

Those interested in applying for this housing lottery can do so online by clicking here. Applications can also be requested via mail by sending a self-addressed envelope to MGNY Consulting, c/o 773 Grote Street Apartments, 109 E. 9th St., New York, NY 10003.

Duplicate applications are not allowed. Only one can be sent per lottery, either online or by mailing a paper application. Those who submit more than one application could be disqualified.