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Last Chance! Affordable Luxury at 74 North 1st Street Apartments: Spacious and Convenient Living in Williamsburg

Last Chance! Affordable Luxury at 74 North 1st Street Apartments: Spacious and Convenient Living in Williamsburg

The recently constructed 74 North 1st Street Apartments designed by Fischer + Makooi, with development overseen by Moshe Braver comprises a total of 55 residences, along with 26 parking spaces located in Williamsburg, Brooklyn. 74 North 1st Street offers studios and one-bedroom units with high-end appliances and finishes, along with an outdoor terrace for tenants to enjoy conveniently located just a few blocks from the L, J, M, and Z trains, as well as accessible by bus.

For individuals seeking housing opportunities within the New York City area, 17 units are currently listed on NYC Housing Connect. These units are specifically reserved for individuals with incomes ranging from 80 to 130 percent of the area median income (AMI). The eligible income for these units falls within the range of $43,200 to $165,230.

Additionally, residents can access a garage and bike storage lockers for an additional fee.

The Inclusionary Housing Program is funding the construction of this unique building, which is also anticipated to receive a Tax Exemption through the 421a Tax Incentive Program of the New York City Department of Housing Preservation and Development.

The apartments themselves are designed with spacious layouts and high ceilings for comfortable living on a grand scale. The Residences include massive windows, queen-sized bedrooms, spacious common areas with dining and living spaces, a dishwasher, and an in-unit washer/dryer. The kitchen is equipped with stainless steel appliances and ample storage, with natural wood flooring throughout.

Amenities

Residents of 74 North 1st Street can also take advantage of the building’s amenities, including a fitness center, rooftop, bicycle storage, residents lounge and working space, recreation room, and elevators. For an additional fee, tenants can also park in the building’s garage.

Location

The location of 74 North 1st Street is ideal for those who want to explore the surrounding neighborhood. It is just steps away from New York’s newest waterfront Domino Park and a short bike ride away from the Williamsburg Bridge. There are many local bars and restaurants to choose from, including Marlow & Sons, Miss Favela, Missi, The Woods, Freehold, Skinny Dennis, Fresh Kills, East River Bar, and Baby’s All Right, where live music is often featured.

To Apply for 74 North 1st Street

To apply for the affordable units at 74 North 1st Street, interested parties can apply via NYC Housing Connect. Applications must be postmarked or submitted online no later than July 14, 2023. Tenants are responsible for paying for electricity, including electric stove and heat, while hot water is included in rent.

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About the author

Based in NYC, Andrew works in the Construction and Real Estate industry with a Bachelor of Science in Civil Engineering from Georgia Tech in Atlanta, Georgia.