The newly constructed building at 2527 Church Avenue in Prospect Leffetrs Garden neighborhood of Brooklyn is seeking 421a Tax Exemption from the 421a Tax Incentive Program. The 27-unit, seven-story building will stand between Roger and Bedford Avenue. Developed and designed by Barry Farkas and M Architecture this building will have a little over 14,000 square feet o residential space.
2527 Church Avenue will set aside seven out of its 27 units to the affordable housing lottery. The affordable housing rentals in the building are all one-bedroom apartments. The asking price of the affordable rentals will range between $1,900 and $1,950. To qualify applicants must show they earn 130 percent of the area median income. An average of $65,143 and $108,550 annual income. Households of one to two people are all welcome to apply. Some of the new building amenities will include an on-site laundry room, gym, and parking spaces.
2527 Church Avenue is located just a short walk away from major subway lines 2 & 5.
The affordable housing lottery is accepting applications for 2527 Church Avenue through March 26th 2019.