By Gus Saltonstall
A housing lottery just launched for nearly 60 apartments within a luxury Upper West Side residential complex.
The 55 units available, as of Wednesday, are located within Waterline Square at 639 West 59th Street, near Freedom Place. The apartments include one- to three-bedroom units and range from $782 to $1,803 in rent.
For all units, the eligible income requirement for applicants is between $30,515 and $126,240.
Here is more of a breakdown of the available apartments.
24 One-Bedroom Apartments
- Monthly rent on the units ranges from $782 to $1,295
- Household size: One to three people
- Annual household income: $30,515 to $91,620, depending on the number of people living in the unit.
The one-bedroom apartments have different minimum and maximum income requirements depending on the specific unit, which you can check out HERE.
28 Two-Bedroom Apartments
- Monthly rent on the units ranges from $996 to $1,568
- Household size: Two to five people
- Annual household income: $39,018 to $109,920, depending on the number of people living in the unit.
Again, the two-bedroom apartments have different minimum and maximum income requirements depending on the specific unit, which you can check out HERE.
3 Three-Bedroom Apartments
- Monthly rent on the units ranges from $1,569 to $1,803
- Household size: Three to seven people
- Annual household income: $58,663 to $126,240, depending on the number of people living in the unit.
The three-bedroom units also have different minimum and maximum income requirements depending on the unit, which you can find HERE.
Rent includes heat, hot water, and gas within all units.
“Exceptional residences. Quality beyond compare. Waterline Square presents apartments that position your home as a space for exceptional living,” reads a description of the units on the Housing Connect website. “These residences feature expansive, light-filled layouts, modern finishes, and windows with sweeping city views.”
Amenities at the building include a gym, pool, basketball court, entertainment lounges, a rock-climbing wall, a skate park, a golf simulator, and more. The amenities are part of the Waterline Club, which does come with an extra, undisclosed membership fee.
The Waterline Square housing lottery is open until June 23. There is no application fee, and you can apply — HERE.
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This is the closest thing I’ve seen so far to a price structure that actually falls under “affordable” housing for the given apartment sizes. Not sure how thy did it, but I wonder why more developers can’t do it.