near Fordham University’s Rose Hill Campus – NBC New York (47)

NEW YORK – Time is running out for interested parties to apply to enter a lottery for new apartments located in the Bronx, just a block from Fordham University’s Rose Hill campus and minutes from Arthur Avenue.

Bids close on October 11 for the 50 new apartments at the Arabella building, located at 4720 3rd Avenue, a visionary new development in the heart of Belmont, Bronx.

Amenities include a fitness center, terrace, lounge, and shared laundry room, to name a few. Priority is given to residents of Bronx Community Board 5. Tenants are responsible for their home’s electricity, including electric stove and heat.

Below we explain everything you need so you can enter the housing lot.

Description of the place

This building is being built through the Inclusionary Housing Program and is expected to receive tax exemption through the New York City Department of Housing Preservation and Development’s 421-a Program.

Services

• Pets accepted
• Electric car changing stations
• Shared laundry room
• Dishwasher in unit
• Low consumption devices
• Wifi in common areas
• Exercise
• party room
• Outdoor spaces
• recreation room
• Outdoor terrace
• security cameras
• Goalie
• Resident manager on site
• A virtual doorman
• intercom device
• Elevator
• Accessible entrance
• smoke free
• Garages
• Covered parking
• Bike storage lockers
• Storage

Where is the building and how many units are there?

Located at 4720 3rd Avenue, the Arabella is a visionary new development located in the heart of Belmont, Bronx. The Arabella offers 50 newly built units.

Who meets the requirements of this lottery

• Individuals or families who meet the income and housing size requirements listed in the Available Units table may apply.
• Qualified applicants must meet additional selection criteria.
• Applicants who live in New York City receive general preference for apartments.

Units available and requirements

The size of the unit1 monthly rentUnits availableHousehold Size2 and Annual Household Income3
1 bedroom $2,206.00161 person: $80,606.00 – $86,960.00
2 people: $80,606.00-$99,440.00
3 people: $80,606.00-$111,840.002 bedrooms $2,629.00172 people: $96,789.00-$99,440.00
3 people: $96,789.00-$111,840.00
4 people: $96,789.00-$124,240.00
5 people: $96,789.00-$134,160.003 bedrooms $3,022.0023 person: $111,943.00-$111,840.00
4 people: $111,943.00-$124,240.00
5 people: $111,943.00-$134,160.00
6 people: $111,943.00-$144,080.00
7 people: $111,943.00-$154,080.001 bedroom $2,350.0091 person: $80,572.00-$141,310.00
2 people: $80,572.00-$161,590.00
3 people: $80,572.00-$181,740.002 bedroom $2,995.0052 person: $102,686.00-$161,590.00
3 people: $102,686.00-$181,740.00
4 people: $102,686.00-$201,890.00
5 people: $64,492 – $100,6202 bedroom $3,01042 person: $102,686.00-$161,590.00
3 people: $102,686.00-$181,740.00
4 people: $102,686.00-$201,890.00
5 people: $102,686.00-$218,010.003 bedroom $3,950.0013 person: $135,429.00-$181,740.00
4 people: $135,429.00-$201,890.00
5 people: $135,429.00-$218,010.00
6 people: $135,429.00-$234,130.00
7 people: $135,429.00-$250,380.00

Until when can I submit the application

Until October 11, 2024.

How do I apply for this lottery?

THE MALTA

To request an application by mail, send a self-addressed envelope to:

The Arabella c/o Housing Line, 109 East 9th Street
New York, NY 10003

REQUEST FOR

Once you have confirmed that you are eligible to apply for this lottery, you can apply directly online HERE.

USE:

• Please do not submit duplicate applications.
• Submit only one application per lottery.
• Do not apply online and submit a paper application as well.
• Applicants who submit more than one application may be disqualified.

Where can I get more information?

For more information go here.