An affordable housing lottery to fill current and future vacancies in at Rose Castle on the border of Williamsburg and Bedford-Stuyvesant is now open. The nine-story mixed-use building at 31 Little Nassau St. offers 86 apartments total, with 77 considered “affordable” under the city’s 421-a tax program.
The building, tucked into a dead end street near Flushing Avenue, offers bike storage, a shared laundry room and gym, security cameras, and a recycling center. Apartments themselves feature energy-efficient appliances, high-end countertops and finishes, air conditioning, and smart controls for heating and cooling. Tenants can use an online portal to pay rent, contact maintenance, and more.
Rose Castle includes a number of affordable studio, one-bedroom, and two-bedroom apartments, available for between 70% and 130% of the Area Median Income — depending on the size of the family renting the apartment, eligible incomes range from $59,968 per year to $198,250.
The lottery includes 18 studios available for between $1,388 and $2,543, 20 1-bedrooms available for between $1,382 and $2,394, and 39 two-bedrooms available for between $1,649 and $2,646, Tenants are responsible for the electricity bill, including heat.
Median gross rent in Brooklyn Community Board 3, where Rose Castle is located, is $1,630, per city data. Nearly 60% of residents pay more than 30% of their income in rent, and are considered “rent burdened.”
Prospective tenants who meet household income requirements can apply through NYC Housing Connect through Jan. 22, 2024.
