March 10, 2025
Affordable housing in New York City can feel like an impossible dream, but opportunities do exist. A new affordable housing lottery is offering one-bedroom apartments in Brooklyn for as low as $874 per month, a significant discount compared to the borough’s skyrocketing rental prices.
The housing lottery is for Longview, a modern apartment building located at 380 4th Ave., on the border of Park Slope and Gowanus—two highly desirable neighborhoods. This development is offering 50 affordable units, with one-bedroom and two-bedroom apartments available at various price points depending on income eligibility.
What makes this opportunity even more appealing is the location and transit access. Longview is within reach of Prospect Park, multiple subway lines, and an easy commute into Manhattan, making it an attractive option for renters looking for affordability without sacrificing convenience.
The apartments in this lottery cater to different income brackets. Here’s a breakdown of what’s available:
With the median rent for a one-bedroom apartment in Brooklyn hovering around $3,000, securing a unit through this lottery can mean significant savings. Not only does this lottery provide a lifeline for lower and middle-income renters, but it also allows residents to live in a prime location at a fraction of the typical cost.
While affordable housing lotteries are highly competitive, they remain one of the best ways for NYC renters to find below-market-rate housing. If you meet the income requirements and are looking for an affordable apartment in Brooklyn, applying for this lottery could be a game-changer.
For those interested, applications can typically be submitted through NYC Housing Connect. Be sure to check eligibility criteria and deadlines before applying.
Disclaimer: This content is meant for informational purposes only and is not intended to be construed as financial, tax, legal, or insurance advice.
