The recently launched housing lottery for the residential building located at 27-51 Jackson Ave. in Long Island City offers a unique opportunity for middle-income individuals and families to secure a modern and luxurious living space. With 23 of the 34 units set aside for the lottery and specific income requirements, this initiative aims to provide accessible housing options for those earning 130% of the area median income and having an asset cap of $201,890.
Types of Units and Income Requirements
The building offers three types of units: studios, one-bedroom, and two-bedroom apartments. Each unit type comes with specific income requirements and maximum occupancy limits.
Studio units, totaling three, come at a monthly rent of $3,423. These units can accommodate up to two people, with a combined annual income requirement ranging from $117,360 to $161,590. Thirteen one-bedroom units are available, each costing $3,661 per month and capable of housing up to three people. For these units, the required combined annual income ranges between $125,520 and $181,740. Finally, there are seven two-bedroom units, each with a monthly rent of $4,376, and designed to accommodate up to five people. The combined annual income requirement for these units ranges from $150,035 to $218,010.
Premium Amenities for Modern Living
Each unit is equipped with high-end kitchen appliances, including washers and dryers, dishwashers, and other energy-efficient features. High-speed internet is available, and there are options for leasing, paying rent, and submitting maintenance requests online. The building itself boasts an array of amenities such as bike storage lockers, WiFi in common areas, a gymnasium, a recreation room, an outdoor rooftop terrace, security cameras, and an accessible entrance. This pet-friendly building is also smoke-free, although only one pet is allowed per unit and it must not exceed 15 pounds in weight.
A monthly amenity package fee of $50 grants access to various building features, though this fee is waived for the first year of the initial lease. Tenants are responsible for electricity costs, but hot water is included in the rent.
Application Process and Preference for NYC Residents
The newly launched housing lottery for the residential building at 27-51 Jackson Ave. in Long Island City presents a fantastic opportunity for middle-income individuals and families to enjoy modern, luxurious living. Out of the building’s total 34 units, 23 are reserved for this lottery, ensuring that more people have the chance to benefit from this offer. The housing lottery is designed to make high-quality homes more accessible by setting specific income requirements; it’s open to those earning up to 130% of the area’s median income. Additionally, there is an asset cap of $201,890, meaning that applicants must not have assets exceeding this amount to qualify. This initiative is part of a broader effort to provide equitable housing solutions in desirable neighborhoods, ensuring that more people can live in comfort and style without excessive financial burden. This lottery is a significant step toward creating more inclusive communities, helping middle-income earners find quality housing in a vibrant and growing area.