Affordable housing lotto opens for 299 units near Coney Island boardwalk

affordable housing building in coney island
The lottery for 299 affordable units in Coney Island is now open.
Photo by Susan de Vries

An affordable housing lottery has opened for 299 apartments in a 100 percent affordable development rising on Coney Island’s Surf Avenue, overlooking the Brooklyn Cyclones’ home ground, Maimonides Park.

The studio, one-, two-, and three-bedroom apartments are aimed at households earning between 30 percent and 120 percent of Area Median Income. Eligible incomes range from $17,006 to $210,120 for households of one to seven people. Rents range from $410 to $2,656 a month depending on unit size and income level, according to the NYC Housing Connect listing.

The new 10-story development, dubbed Coney Island Phase 2, is located at 2938 West 16 Str. (also listed as 1601 Surf Ave.) It is part of a mega-development of affordable housing in the area from BFC Partners, L+M Development Partners Inc., and Taconic Investment Partners whose buildings stretch along Surf Avenue from West 16th to West 20th streets. Once completed, the complex will include 1,252 income restricted apartments, building permits show.

A lottery for the first development at 2926 West 19th Street (also listed as 1921 Surf Avenue), which has 446 apartments in its two 16-story towers and seven-story podium, took place in 2021. The third and final building is set to break ground in 2024 and is planned to rise 12 stories and contain 430 units, according to new-building permits.

The Handel Associates-designed Coney Island Phase 2 will have a total of 376 apartments once completed, according to permits filed with the Department of Buildings. Units not included in the lottery are set aside for formerly homeless individuals.

coney affordable housing rendering
The building is part of a mega-development of affordable housing in the nabe. Rendering courtesy of NYC Housing Connect

Features of the apartments include hardwood floors, ample closet space, dishwashers, and air conditioning, according to the listing. The building itself is pet friendly, with a shared laundry room, playroom, gym and rec room, elevator, and outdoor space. The latter includes a rooftop terrace. Tenants are responsible for paying for electricity, including electric stoves.

Developed under NYC Housing Preservation and Development’s Extremely Low and Low-Income Affordability (ELLA) and Mandatory Inclusionary Housing (MIH) and programs, 2938 West 16 Street will also include 11,210 square feet of commercial space. A primary care facility run by the NYC Health and Hospital Corp will take up 2,500 square feet, BFC Partners says on its website.

The complex is part of the 19-block section of Coney Island that was rezoned in 2009 in an effort to increase residential development on underutilized or vacant land. A year after the rezoning, the city landmarked the nearby circa-1925 Coney Island Theater at 1301 Surf Avenue, likely saving it from demolition. It is currently being redeveloped as a hotel.

The site at 2926 West 19th Street was once owned by developer Fred Trump, Donald Trump’s father. The former president and his brother Robert Trump inherited it when their father died, and city records show Robert Trump sold the site to Taconic for $4.125 million in 2005. In 2018, Taconic sold stakes in the site to its development partners for $5.9 million.

The lottery closes January 5. To apply, visit the listing on New York City’s Housing Connect website.

This story first appeared on Brooklyn Paper’s sister site Brownstoner