East New York Affordable Housing Lottery: Units from $544!

An exciting opportunity awaits in East New York! A new 100% affordable housing lottery has opened for a stunning seven-story development at 365 Shepherd Avenue. Apartments are rent-stabilized and income-restricted, designed for families earning 30-60% of the Area Median Income.

Amazing Prices!

Get ready for these incredible prices:

• Studios: Starting at $544/month
• One-Bedrooms: Starting at $689/month
• Two-Bedrooms: Starting at $813/month

<img src="https://www.brownstoner.com/wp-content/uploads/2025/01/east-new-york-365-shepherd-avenue-nyc-housing-connect-1.jpg" alt="housing - rendering of a multi-story building">

Amenities Galore!

Residents will enjoy a fantastic array of amenities, including:

• Fitness center
• Garden
• Bike room
• Yoga and meditation studio
• Community rooms
• Shared laundry

<img src="https://www.brownstoner.com/wp-content/uploads/2025/01/east-new-york-365-shepherd-avenue-nyc-housing-connect-bed-rendering.jpg" alt="rendering of a bedroom with floor to ceiling windows"> <img src="https://www.brownstoner.com/wp-content/uploads/2025/01/east-new-york-365-shepherd-avenue-nyc-housing-connect-studio-2.jpg" alt="rendering of a studio apartment with a sofa and a bed"> <img src="https://www.brownstoner.com/wp-content/uploads/2025/01/east-new-york-365-shepherd-avenue-nyc-housing-connect-living-rendering.jpg" alt="rendering of a living room with room for dining">

Floor Plans

Studio Floor Plan One-Bedroom Floor Plan Two-Bedroom Floor Plan

Don't Miss Out!

The lottery closes on February 24th. Apply now through the NYC Housing Connect website. This is an incredible opportunity to secure affordable housing in a vibrant and developing neighborhood.