Rendering courtesy of NYC Housing Connect
A housing lottery described as affordable has launched for units at 1135 Teller Avenue, an eight-story residential building in Concourse, The Bronx as reported by , as reported by YIMBY.
Designed by Sion Consulting Engineering and developed by Gurwinder Singh of Kulwant Teller Inc., the structure yields 44 residential units. Available on NYC Housing Connect, the online platform for NYC Department of Housing, Preservation & Development (HPD), are 43 units for residents earning 130 percent of the area median income (AMI), ranging in eligible income from $104,880 to $198,250.
Rendering courtesy of NYC Housing Connect
Developers say 1135 Teller Avenue is a newly constructed luxury with a total of 43 spacious one and two-bedroom apartments. To request an application by mail, send a self-addressed envelope to 1135 Teller Avenue Apartments, C/O Reside New York, 349 Keap Street, Brooklyn, NY 11211.
Amenities include assigned parking spaces, a recreation room, gated access, and an elevator. The residential units are equipped with air conditioning, high-speed internet, intercom, and name-brand kitchen appliances, countertops, and finishes.
Rendering courtesy of NYC Housing Connect
They encourage applicants to only send one application per development. Tenants are responsible for electricity which includes stove, hot water and heat.
This building is anticipated to receive a tax exemption through HPD’s 421a tax incentive program. No deposits or application fees apply. More information can be found at here.
Rendering courtesy of NYC Housing Connect
At 130 percent of the AMI, there are 28 one-bedroom units with a monthly rent of $3,059 for residents incomes ranging from $104,880 to $165,230, and 15 two-bedroom units with a monthly rent of $3,599 for those with incomes ranging from $123,395 to $198,250.
Prospective renters must meet income and household size requirements to apply for the apartments, and applications must be postmarked or submitted online no later than Aug. 29, 2023.
Rendering courtesy of NYC Housing Connect
Norwood News does not accept, process or refer any applications. For all inquiries, please liaise with NYC Department of Housing Preservation and Development (HPD) (see contacts below) and click here to apply online.
Source: New York City Department of Housing Preservation & Development
Affordable Housing Lottery Helpline: 212-863-7990
Email: nychousingconnect@hpd.nyc.gov
For information on applying for affordable housing for people with disabilities, please submit accessibility inquiries to:
Phone: 212-863-6486
Email: accessibility@hpd.nyc.gov
HPD Housing Ambassadors
Email: ambassadors@hpd.nyc.gov
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Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.
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