Thursday, October 2, 2025

An Affordable Housing Lottery Opened in Gowanus

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Where is it?

420 Carroll Street in Gowanus, Brooklyn.

How many units are available?

Ninety units out of 360 residences in the 20-story building.

What units are available?

Twelve studios, 49 one-bedrooms, 22 two-bedrooms, and seven three-bedrooms. Five percent of units are set aside for residents with mobility issues while 2% is set aside for those with vision and hearing disability. Community Board residents get 20% of the units while NYC employees will get 5%.

How much do they cost?

It depends on income and household size, but the studios are listed between $784 to $2,185 per month; the one-bedrooms are listed at $828 to $3,298 per month; the two-bedrooms are listed at $967 to $2,768 per month. And the three bedrooms are listed at $1,093 to $3,174. Tenants are responsible for electricity, electric stove and electric heat.

What else do we know about this building?

It is located along the Gowanus Canal where residents “can enjoy a waterfront promenade” and its units have in-unit washer/dryers, dishwashers, high-end appliances, high-end counter tops, finishes, and hardwood floors as well as smart controls for heating & cooling. There’s also common area Wi-Fi, a doorman, a concierge, an on-site resident manager, security cameras, package lockers, an elevator, an accessible entrance, and for additional fees, access to a gym, a media room, a party Room, a recreation room, a business center, a children’s playroom, a rooftop terrace, bike storage lockers, parking and EV Parking.

What’s nearby?

The beloved, family-friendly neighborhood Carroll Gardens with all its great mom-and-pop shops and restaurants is just a walk west across the canal. The Whole Foods market is just a 10 minute walk around the corner, and Powerhouse Arts, Royal Palms Shuffleboard Club and Dinosaur BBQ are right across the street. This really is a prime location.

How do I qualify?

Your household income must be between $31,200 and $192,600. Qualified applicants will be required to meet additional selection criteria and those who live in NYC get a preference for apartments.

How do I apply and by what date?

To apply, you have to create an account on NYC Housing Connect, the main portal for the city’s affordable housing lotteries. You can find this listing here. If you’re interested in throwing your hat into the ring to this affordable housing lottery, make sure to act fast—they tend to be pretty competitive and this building’s prime location probably means that the units won’t take long to get snatched up. The lottery ends in just 24 days on October 28, 2024.

Conclusion

The 420 Carroll Street building in Gowanus, Brooklyn is an exciting new addition to the neighborhood, offering 90 affordable units to those who qualify. With its prime location, state-of-the-art amenities, and competitive pricing, it’s no wonder that this building is generating a lot of buzz. If you’re interested in making it your new home, don’t wait – apply now and take advantage of this incredible opportunity.

Frequently Asked Questions

Q: What is the minimum and maximum household income to qualify for this lottery?
A: The minimum household income is $31,200 and the maximum is $192,600.

Q: How many units are available in the building?
A: Ninety units out of 360 residences in the 20-story building.

Q: What types of units are available?
A: Twelve studios, 49 one-bedrooms, 22 two-bedrooms, and seven three-bedrooms.

Q: What is the cost of the units?
A: It depends on income and household size, but the studios are listed between $784 to $2,185 per month; the one-bedrooms are listed at $828 to $3,298 per month; the two-bedrooms are listed at $967 to $2,768 per month. And the three bedrooms are listed at $1,093 to $3,174.

Q: When does the lottery end?
A: The lottery ends in just 24 days on October 28, 2024.

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