New Development in Coney Island

Lottery now open for a limited time. Apartments two blocks from the beach, located in the heart of Coney Island.

Apartments

Discover low and moderate/middle income apartments for rent in a brand new building. You could live in the vibrant Coney Island neighborhood of Brooklyn, just blocks from the beach, ballpark and more.

– Stainless steel appliances
– Dishwasher
– Luxury vinyl tile flooring
– Tile bathroom
– Large windows

Unit SizeMonthly RentUnits AvailableHousehold SizeAnnual Household Income
Studio$367 - $1,4311021 Person$14,778 - $108,680
2 Person$14,778 - $124,150
1 Bedroom$471 - $1,8021571 Person$18,618 - $108,680
2 Person$18,618 - $124,150
3 Person$18,618 - $139,620
2 Bedroom$575 - $2,1721042 Person$22,903 - $124,150
3 Person$22,903 - $139,620
4 Person$22,903 - $155,090
5 Person$22,903 - $167,570
3 Bedroom$658 - $2,502373 Person$26,503 - $139,620
4 Person$26,503 - $155,090
5 Person$26,503 - $167,570
6 Person$26,503 - $179,920
7 Person$26,503 - $192,400

1 Rent includes gas for cooking. Tenant is responsible for electric including electric heating.
2 Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3 Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change. Refer to Housing Connect for full information.
4 Minimum income will be determined by available unit and may not apply to applicants with Section 8 or other qualifying rental subsidies.

Studio

102 Unit Avail
1 Person
2 Person

$367 - $1,431
$14K - 108K
$14K - 124K

1 Bedroom

157 Unit Avail
1 Person
2 Person
3 Person

$471 - $1,802
$18K - $108K
$18K - $124K
$18K - $139K

2 Bedroom

104 Unit Avail
2 Person
3 Person
4 Person
5 Person

$575 - $2,172
$22K - $124K
$22K - $139K
$22K - $155K
$22K - $167K

3 Bedroom

37 Unit Avail
3 Person
4 Person
5 Person
6 Person
7 Person

$658 - $2,502
$26K - $139K
$26K - $155K
$26K - $167K
$26K - $179K
$26K - $192K

1 Rent includes gas for cooking. Tenant is responsible for electric including electric heating.
2 Household size includes everyone who will live with you, including parents and children. Subject to occupancy criteria.
3 Household earnings includes salary, hourly wages, tips, Social Security, child support, and other income. Income guidelines subject to change. Refer to Housing Connect for full information.
4 Minimum income will be determined by available unit and may not apply to applicants with Section 8 or other qualifying rental subsidies.

Amenities

Residents will have access to all the amenities and features of the building. The amenities are:

– A landscaped roof deck views of the boardwalk
– Onsite bicycle storage
– Laundry rooms
– Package lockers
– Bike parking space
– Onsite super
– Two Fitness centers and community rooms
– 15,000 GSF of ground floor facility spaces
– Limited parking spaces (extra fees apply)

Learn More

Fill out the form below to receive marketing emails with the latest news and updates on this offering.

FAQ

How do I apply?

You can apply online by clicking on this link. You will need an account on the Housing Connect website.
You can apply to multiple housing lotteries, but each application must be submitted separately.
To request an application by mail, send a self-addressed envelope to:
Coney Island Phase I / Triborough Finance New Station, P.O. Box 2007, New York, NY 10035.

Only send one application per development. Do not submit duplicate applications. Do not apply online and also send in a paper application. Applicants who submit more than one application may be disqualified.

Moderate income apartments are only available through the lottery.

What Documents Will I Need Beyond the Application?

Be prepared to present copies of recent years’ federal tax returns, recent paystubs, and copies of other financial statements. You will also need copies of birth certificates, ID’s, proof of address, social security cards, etc. for each member of your household. A detailed list can be found on the Housing Connect website. We recommend you begin gathering everything now, as it can take some time if you need to gather or obtain certain documents or ID. You want to be ready if you are contacted for an eligibility appointment.

What Constitutes Income?

Household earnings most commonly include salary, hourly wages, tips, Social Security, child support, alimony, income from self-employment, public assistance and other types of income, for all household members. A full list can be found on the Housing Connect website.

My Household Makes 6 Figures. Aren’t “Affordable” Apartments for Low-income Families?

While many people associate “affordable” apartments with low-income, this project has both low-income, as well as moderate/middle income apartments. Moderate income units are offered in a special limited program to help households to obtain an apartment in an area or building they would otherwise not be able to afford.

What is a Household?

In its most simple terms, a household is defined as everyone who will be living with you in the apartment. If those living with you are not immediate or extended family members, the applicants must show that they are financially interdependent to qualify as a household. Current leases or utility records that establish a shared address, or documentation, such as bank accounts, that establish shared assets may be used to constitute proof.

When can I move in?

Once the lottery closes, it can take 2-10 months to reach your application. However, when your log number and application is reached, it will take 6-8 weeks to process your application. After you have been contacted, provide the requested documents, and HDC approves/confirms your eligibility, you can sign a lease and move in. The apartments are vacant.

What Happens If My Income Increases After I Move In?

You only need to qualify for the apartment once, up-front. Provided you follow the terms of your lease, you may stay in your apartment as long as you wish. Also, your rent increases will be based on what the Rent Guidelines Board determines each year, not your income.

Do I Have Access to the Building Amenities?

Yes, you will have access to all building amenities. For parking spaces, additional fees apply.