Owners & management · Deals & development · 11/07/2026, 9:32 AM
Clinton Hill Affordable Housing Lottery Opens With $1,656 Units
An affordable housing lottery has opened for a new six-story, 17-unit building at Fulton Street and Clinton Avenue in Clinton Hill. Brownstoner lists the units at $1,656. The building replaced a two-story brick row of stores. The same weekly roundup notes that construction has started on a large Gowanus complex at 175 3rd Street.
Reported by BrownstonerRead the original ↗
What happened
An affordable housing lottery has opened for four apartments at 486 Clinton Avenue in Clinton Hill, Brooklyn. The building is also known as 899 Fulton Street. It is a new six-story, 17-unit building on the corner of Fulton Street and Clinton Avenue. Brownstoner first reported the lottery on 11/03/2026 and listed it as a top story in its weekly roundup on 11/07/2026.
The lottery offers one one-bedroom at $1,656 a month and three two-bedrooms at $1,894 a month. All four units are rent stabilized. They are for households of one to five people earning 60 percent of Area Median Income, which the listing puts at $65,418 to $109,920 a year. Brownstoner says the affordable units come from the 485x tax break. Its summary also names the City of Yes UAP program.
For comparison, Brownstoner cites StreetEasy data showing a market-rate two-bedroom in Clinton Hill at about $6,720 a month. Market-rate units in this building went live in June and none are currently available. Those units ranged from $3,600 to $3,925 for one-bedrooms and $5,100 to $6,500 for two-bedrooms.
The developer is Clinton Garden Partners LLC, and the architect is Studio Gallos. The LLC bought the site in 2022 for $6.5 million, according to city records cited by Brownstoner. Moses Karpen of Waterfront Property Management signed for the LLC. The building received its certificate of occupancy on 10/16/2026. It is smoke-free and allows one pet per apartment up to 35 pounds. Tenants pay for electricity, which covers the stove, heat and hot water.
Key facts
- Address
- 486 Clinton Avenue (also 899 Fulton Street), Clinton Hill, Brooklyn
- Building
- Six stories, 17 units; 4 units in the lottery
- Rents
- One 1-bedroom at $1,656/month; three 2-bedrooms at $1,894/month; all rent stabilized
- Income limits
- 60% of AMI, $65,418 to $109,920 a year, households of 1 to 5 people
- Program
- 485x tax break (Brownstoner's summary also cites City of Yes UAP)
- Developer
- Clinton Garden Partners LLC; Moses Karpen of Waterfront Property Management signed for the LLC
- Utilities
- Tenants pay electricity, which covers stove, heat and hot water
- Reported
- Brownstoner, 11/03/2026; weekly roundup 11/07/2026
What it means
Tenants and voucher holders
These are rent-stabilized units for incomes of $65,418 to $109,920, so check your household size and income against that range before applying. Plan for electricity costs on top of rent, because the bill includes heat and hot water.
Caseworkers
This lottery fits clients at 60 percent of AMI with one to five people in the household. The material does not give the application deadline or say whether vouchers are accepted, so confirm both on the official listing.
Landlords
This building shows how a 485x project can produce a small number of rent-stabilized affordable units alongside market-rate units in a 17-unit building.
The highlights
- The new building is six stories with 17 apartments.
- It sits on the corner of Fulton Street and Clinton Avenue.
- Construction has started on a Bjarke Ingels Group complex at 175 3rd Street in Gowanus.
Why it matters
New lottery units in Clinton Hill give income-eligible renters, including some voucher holders, another affordable option to apply for.
What to do: Look up the Clinton Hill lottery listing for eligibility rules and the deadline.
Not known yet
- The application deadline
- Where to apply, and whether the listing is on NYC Housing Connect
- Whether housing vouchers are accepted or have a separate set-aside
- Which city agency oversees the lottery and income certification
Background
In New York City, affordable units created through tax-break and zoning programs are usually rented through a lottery. Applicants must meet income and household-size limits tied to Area Median Income. Many lotteries are listed on NYC Housing Connect. Applications are typically ranked at random, and selected households must then document their income and household before signing a lease. Rent-stabilized units come with lease renewal rights and regulated rent increases.
Also drawn from: Clinton Hill Affordable Housing Lottery Debuts With $1,656 Units (Brownstoner)
Summary written by Bulwark from Brownstoner’s reporting. The original story is at brownstoner.com. This is general information, not legal advice.
Related
Follow Bulwark on WhatsApp
Deadline countdowns, rule changes, voucher rents and breaking NYC housing news in your WhatsApp Updates. Free.
Send the message that opens, then save our number. WhatsApp only shows updates from saved contacts.
Brooklyn, NY
Want a manager who tracks this for you?
Rent, repairs, filings and deadlines handled, with one clear statement a month.
Photo: Andre Carrotflower, CC BY-SA 4.0