Brand New 2 Bedroom Apartments as Low as $557 a Month Now Available in Soundview

Affordable housing lottery for a brand new development in Soundview is now open and accepting applications.

Located at 1230 Metcalf Avenue, Metcalf Avenue Apartments is a 11 story development with 223 units ranging from studios to 3 bedroom units across 219,546 square feet and is just a few blocks away from the Morrison Avenue-Soundview station on the 6 line.

These units are available for a wide range of incomes offering deeply affordable units with rents as low as $354 for studios for those making 30% of the AMI ($14,640-$27,300 a year) to rents as high as $2,346 for three bedroom units for those making 110% of the Area Median Income ($85,098-$155,100 a year).

Oh and did we mention that each unit comes with its own dishwasher and air conditioning?

Unit breakdown, rents and income requirements are as follows:

30% Area Median Income

Layout# UnitsMonthly RentHousehold Size and Income Requirements
Studio2 units$3541 person: $14,640 – $23,880
2 person: $14,640 – $27,300
1 Bedroom12 units$4561 person: $18,480 – $23,880
2 people: $18,480 – $27,300
3 people: $18,480 – $30,720
2 Bedroom9 units$5572 people: $22,835 – $27,300
3 people: $22,835 – $30,720
4 people: $22,835 – $34,110
5 people: $22,835 – $36,840
3 Bedroom2 units$6373 people: $26,503 – $30,720
4 people: $26,503 – $34,110
5 people: $26,503 – $36,840
6 people: $26,503 – $39,570
7 people: $26,503 – $42,300

50% Area Median Income:

Layout# UnitsMonthly RentHousehold Size and Income Requirements
Studio6 units$6671 person: $25,372 – $39,800
2 people: $25,372 – $45,500
1 Bedroom20 units$8481 person: $31,920 – $39,800
2 people: $31,920 – $45,500
3 people: $31,920 – $51,200
2 Bedroom18 units$1,0272 people: $38,949 – $45,500
3 people: $38,949 – $51,200
4 people: $38,949 – $56,850
5 people: $38,949 – $61,400
3 Bedroom5 units$1,1793 people: $45,086 – $51,200
4 people: $45,086 – $56,850
5 people: $45,086 – $61,400
6 people: $45,086 – $65,950
7 people: $45,086 – $70,500

70% Area Median Income

Layout# UnitsMonthly RentHousehold Size and Income Requirements
Studio6 units$9801 person: $36,103 – $55,720
2 people: $36,103 – $63,700
1 Bedroom20 units$1,2391 person: $45,326 – $55,720
2 people: $45,326 – $63,700
3 people: $45,326 – $71,680
2 Bedroom19 units$1,4962 people: $55,029 – $63,700
3 people: $55,029 – $71,680
4 people: $55,029 – $79,590
5 people: $55,029 – $85,960
3 Bedroom5 units$1.7223 people: $63,703 – $71,680
4 people: $63,703 – $79,590
5 people: $63,703 – $85,960
6 people: $63,703 – $92,330
7 people: $63,703 – $98,700

90% Area Median Income

Layout# UnitsMonthly RentHousehold Size and Income Requirements
Studio6 units$1,1841 person: $43,098 – $71,640
2 people: $43,098 – $81,900
1 Bedroom27 units$1,4941 person: $54,069 – $71,640
2 people: $54,069 – $81,900
3 people: $54,069 – $92,160
2 Bedroom23 units$1,8022 people: $65,520 – $81,900
3 people: $65,520 – $92,160
4 people: $65,520 – $102,330
5 people: $65,520 – $110,520
3 Bedroom6 units$2.0753 people: $75,806 – $92,160
4 people: $75,806 – $102,330
5 people: $75,806 – $110,520
6 people: $75,806 – $118,710
7 people: $75,806 – $126,900

110% Area Median Income

Layout# UnitsMonthly RentHousehold Size and Income Requirements
Studio5 units$1,3401 person: $48,446 – $87,560
2 people: $48,446 – $100,100
1 Bedroom15 units$1,6891 person: $60,755 – $87,560
2 people: $60,755 – $100,100
3 people: $60,755 – $112,640
2 Bedroom14 units$2,0362 people: $73,543 – $100,100
3 people: $73,543 – $112,640
4 people: $73,543 – $125,070
5 people: $73,543 – $135,080
3 Bedroom3 units$2,3463 people: $85,098 – $112,640
4 people: $85,098 – $125,070
5 people: $85,098 – $135,080
6 people: $85,098 – $145,090
7 people: $85,098 – $155,100

The development also has a wide range of amenities like a playground, a party room, outdoor space, a children’s playroom, outdoor terrace, and a rooftop terrace. This development is also pet friendly which is not too common in these lotteries.

It’s also constructed under “Passive House” guidelines which is the highest environmental sustainability certification which provides for excellent indoor air quality and highly energy efficient heating and cooling.

In order to apply, go here and remember, do not contact us as we are NOT affiliated with this or any other real estate development as we are NOT a real estate company.

You have until February 8, 2021 to apply.

Good luck!

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