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Lottery for ‘Affordable Studios” in Astoria Starts Tuesday, Individuals Can Earn up to $97,110

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May 20, 2019 By Christian Murray

Here we go again.

Two studio apartments in Astoria will be up for grabs starting Tuesday as part of the City’s affordable housing lottery—this time for individuals who earn up to $97,110 per year.

The studios, which will rent for $1,725 per month, are for a household size of one and are located at a newly constructed six-unit building at 32-27 35th Street. The rent does not cover heat, hot water or electric.

Individuals must earn between $59,143 and $97,110 to be eligible to enter the lottery. There is no preference for applicants who live in Queens Community Board 1, which covers Astoria.

The developer, Panagis Tzortzatos of 3227 LLC., will receive a tax break through the City’s 421a Tax Incentive program for offering the affordable units. With this site, a rezoning was not necessary.

Applications must be submitted between May 21 and June 12.

To apply online, click here

Criteria for Unit

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7 Comments

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Jay Caz

I’m so TIRED of these “affordable” prices!!!
WHY NOT make pricing POOR so that way maybe some of us that make $25 x HR can afford to have a roof over our head for our families.

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try not being poor

in the US we work for our money instead of looking for handouts like socialist venezuela maga

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Pat Macnamara

Why would you have a family in one of the most expensive cities in the world when you make next to nothing? It isn’t anyone’s fault but your own that you can’t afford these apartments.

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I live in Astoria

This makes no sense. We’re giving these developers tax breaks for what exactly? Those apartments are not affordable. In fact there are plenty of studios in Astoria cheaper than this. (Not that they are affordable either.) How is this helping the affordable housing issue? I smell corruption.

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jenastoriat

Not affordable to me or a lot of others in Astoria. What is clear is that this “tax break” needs to be done away with. Just a give-away to greedy developers.

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Astoria Resident

Great location but the building doesn’t seem like it has any amenities. At that price point you can get an older, but probably slightly larger, 1 bedroom unit for a similar price. And, it wouldn’t have household size restrictions.

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James

Not affordable at all if you have to cover heat and hot water. Average monthly rent will be closer to $2000.

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