NEW YORK (PIX11) -- Renting an apartment in New York City is about as expensive as ever; the same is said for owning a home in the Big Apple.
The New York City affordable housing lottery has options available for New Yorkers to own a home for less than $200,000 in some cases.
Here are three affordable lotteries to own a home but apply fast as some expire soon:
Three buildings in the Bronx are part of the Union Avenue Apartments at 993 and 995 Union Ave. Five units are available in the lottery, which expires on Aug. 26. Two of the units are two-bedrooms, two are three-bedrooms and the last unit is a four-bedroom home. The estimated sale prices are around $106,000 to about $137,000, with eligible income being $61,633 to $195,660. For more information, click here.
Located at 165 West 80th St. in Manhattan, the building is a Housing Development Fund Corporation cooperative. With studio and one-bedroom units available, the person who wins this lottery must use the unit as their primary address, according to Housing Connect. The units have estimated sale prices of $173,801 to $184,990, with eligible incomes of $73,319 to $167,760. This lottery expires on Aug. 27; for more information, click here.
Located on 46th Street in Astoria, this building has four units available from one to three bedrooms. The eligible income for this lottery is $79,869 to $154,080, and the estimated sale price is $237,666 to $267,588, depending on the unit. According to Housing Connect, the building has amenities like garages, an in-unit dishwasher and a dog washing station. The lottery expires on Sept. 12. For more information, click here.
For more information on affordable housing resources in New York City, click here.
Jonathan Rizk is a digital journalist who has covered local news in New York City and Washington, D.C. He has been with PIX11 since August 2022. See more of his work here, and follow him on X and Facebook @OfficialRizk. Get in touch at jonathan.rizk@pix11.com.
