Affordable lottery launches for Eliot Spitzer-developed 420 Kent Avenue, Williamsburg waterfront rentals from $867/month

All images of 420 Kent Avenue via Citi Habitats

Friday, Mar 29, 2019 By CityRealty Staff, CityRealty contributor

If you didn’t qualify for the affordable lottery announced at the Spitzer Enterprises-developed 420 Kent Avenue last summer, you’re in luck: A second lottery has just launched, and New Yorkers earning 60% of the area median income are eligible to apply for 121 apartments comprising $867/month studios, $967/month one-bedrooms, and $1,123/month two-bedrooms. This is quite a bargain compared to the building’s market-rate prices starting at $3,199/month for one-bedrooms and $5,440/month for two-bedrooms.

Lottery criteria via Housing Connect

Living room

Because of the boxy shape of the ODA-designed buildings, almost all units are corner apartments with incredible light and waterfront views. All units feature open layouts, floor-to-ceiling windows, soaring ceilings, and in-unit washer/dryers. Kitchens are finished with custom cabinetry, Caesarstone countertops, high-end appliances, and Kohler polished chrome fixtures. Porcelain baths have polished chrome finishes and custom vanities.

Rooftop pool

All buildings in the development are capped with a rooftop pool as well as an outdoor lounge and roof deck with seating and dining areas. Indoor amenities include a fitness center, library lounge, game lounge, “piano room” with private dining room, and lobby coffee bar. A front-desk concierge, on-site resident manager, parking garage, and bike room are on hand to streamline life at 420 Kent Avenue. The building has a waterfront esplanade and is a short distance from Domino Park.

Eligible New Yorkers have until May 29, 2019 to apply here. Additional affordable lotteries throughout New York can be found here.

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Affordable lottery launches for Eliot Spitzer-developed 420 Kent Avenue, Williamsburg waterfront rentals from $867/month

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