At 1760 Grand Avenue, an affordable housing lottery has recently launched for a new development in Morris Heights, The Bronx. The seven-story mixed-use building located at 1760 Grand Avenue was designed by Gino Longo Architect and developed by Benjamin Sadykov of RBM Fundings LLC.
1760 Grand Avenue offers 15 residences, with five units currently available for residents at 130 percent of the area median income (AMI). These units are listed on NYC Housing Connect and range in eligible income from $73,920 to $187,330.
The building boasts a range of amenities, including a shared laundry room, community center, virtual doorman, elevator, and a rooftop terrace. Each unit comes equipped with energy-efficient appliances, air conditioning, high-speed internet, and patios or balconies. Residents are responsible for their electricity bills.
For those interested in applying for the available units, there is one studio with a monthly rent of $2,156 for incomes ranging from $73,920 to $138,840; one one-bedroom with a monthly rent of $2,205 for incomes ranging from $75,600 to $156,130; and three two-bedrooms with a monthly rent of $2,460 for incomes ranging from $84,343 to $187,330. It’s important to note that prospective renters must meet income and household size requirements to be eligible to apply for these apartments.
Interested parties should submit their applications either online or by mail no later than May 19, 2023.
