HomeReal EstateAffordable HousingThe Affordable Housing Lottery is Now Open for 269 Wallabout Street Apartments

The Affordable Housing Lottery is Now Open for 269 Wallabout Street Apartments

Located in East Williamsburg, the Wallabout building located at 269 Wallabout Street has opened its lottery. Fischer, Makooi Architect, and Rabsky Group designed and developed the property to be eight stories and mixed-use with 159,098 square feet and 128 parking spaces to accommodate residents and visitors. The building accommodates household sizes of 1-9 and incomes falling between the range of $29,760 and $202,515, or 40-115% of the local median income.

Amenities at 269 Wallabout Street

Inside units and the building, there are a host of amenities. Top to bottom, this is what the 269 Wallabout has to offer its residents.

Building amenities include:

  • Garages
  • Bike storage lockers
  • Elevator
  • On-site laundry room
  • Security cameras
  • Convenient location
  • Accessible entrance
  • Smoke-free
  • Easy access to M, J, and G

Unit Amenities include:

  • Dishwashers
  • Intercoms
  • Energy-efficient appliances
  • Patios and balconies
  • High-end and energy-efficient appliances, countertops, and finishes
Housing Connect

More on the Wallabout Units

Unit eligibility is limited on a layout basis. For example, a one-bedroom requires an AMI of 40%, which translates to eligibility as $29,760 for one person household, $29,760 for a two-person household, and $29,760 for a three-person household. This ranges all the way up to a four-bedroom unit, which has an AMI of 115%. Eligibility for this unit ranges from 4-9 people, and an income qualification ranges between $11,429 and $202,515.

Unit availability is based on what percentage of AMI (area median income) a household has. Availability is as follows:

40% AMI

  • One Bedroom – 12 units
  • Two Bedroom – 12 units
  • Three Bedroom – 7 units
  • Four Bedroom – 7 units

60% AMI

  • One Bedroom – 9 units
  • Two Bedroom – 6 units
  • Three Bedroom – 5 units
  • Four Bedroom – 2 units

115% AMI

  • One Bedroom – 6 units
  • Two Bedroom – 4 units
  • Three Bedroom – 3 units
  • Four Bedroom – 2 units

Some units at the Wallabout Apartments will be set aside for certain disabilities. As of now, 5% of units are set aside for mobility and 2% for vision/hearing impairments. Similarly, preference for a percentage of units goes to 50% community board residents and 5% NYC employees. Occupants will be responsible for paying electricity, including stove use, but rent includes gas, hot water, and heat.

Bedford Avenue in Williamsburg

About the Area

East Williamsburg, Brooklyn, is a highly desirable neighborhood. With something for everyone, people of all ages are attracted to the dynamic location. It is conveniently located near Greenpoint, Bed-Stuy, Bushwick, and Ridgewood, allowing for easy access in any direction. If up for walking, residents can enjoy a short walk to Manhattan and Broadway or McCarren and even shorter commutes using the trains. No need to travel – there is plenty to do right in the neighborhood. From restaurants repping every country in the world to the best drinks you’ll ever have, East Williamsburg is a hot destination.

How to Apply

Before applying, be sure that you meet the guidelines outlined by the New York Housing Connect. Applicants may submit their information online or request an application to be delivered via mail. Those opting for mail must send a self-addressed envelope with their request. There are no deposit or application fees. Housing Connect also states that there is one application permitted per lottery and no duplicate applications. Additionally, do not submit both a virtual and a paper application or risk disqualification. The lottery runs until January 9th, 2023.

For information on Wallabout, visit here. You can read more about how to apply for an affordable housing lottery or other buildings available on Housing Connect on CitySignal.

Kylee was born and raised just outside of Sacramento in a small town full of history and charm. She stays up-to-date on the real estate market and hopes to empower hopeful buyers and sellers to make the best decisions for themselves. Kylee is particularly interested in bridging the gap for younger generations, helping them understand the power of owning and investing in real estate.

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