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Affordable Housing Lottery Opens for 19 Units at New South Slope Rental

This stacked, Tetris-like facade is the type of thing we’re used to seeing in neighborhoods like Williamsburg and Long Island City, but ND Architecture and Design has brought a similar look to the less-trendy and more industrial area where South Slope meets Gowanus. The mixed-use building known as the Alexy was recently completed and features commercial space, parking, and 95 rental units, a mix of market rate and affordable apartments. The latter group of 19 residences, ranging from $813/month studios to $1,016/month two-bedrooms, is now accepting applications from New Yorkers earning 60 percent of the area median income, quite the deal considering market-rate units are renting from $2,400 to $5,100 a month.

These low-income homes still have access to the building’s host of amenities, including a gym, lounge, kids’ room, pet spa, bike room, a rooftop lounge with grills and cabana space, and a landscaped garden.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city. And find market-rate listings for 635 Fourth Avenue here.

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