83-12 Broadway Housing Lottery in Elmhurst: 6 Apartments From $2,225 a Month, Applications Due October 28, 2026

Published October 18, 202622 min readBy VoucherMatch Editorial Team

Quick answerAs of October 18, 2026, applications are open on NYC Housing Connect for six income-restricted apartments at 83-12 Broadway, a new building in Elmhurst, Queens. Three one-bedrooms rent for $2,225 a month and three two-bedrooms for $2,579, all at 80% of area median income. Applications are due October 28, 2026. Voucher holders do not have to meet the minimum income, and both rents are under the 2026 CityFHEPS maximum.

Last checked: October 18, 2026, against the Housing Connect listing for lottery 7672, its rent table and the open-lottery search, which listed the lottery that day; every rent, count, income and the deadline below was compared with the listing at the start and end of the day. Also read that day: the Housing Connect FAQ; HPD's pages on 485-x and area median income; HPD's guide Applying for Affordable Housing; CityFHEPS form DSS-8r (dated October 14, 2026); Department of Buildings job filings for new building job 421639980, its permits, later filings and certificates of occupancy; the City's lot data, PLUTO; property records in ACRIS for Queens block 1544, lot 35; HPD's Affordable Housing Production by Building data; HUD's Small Area Fair Market Rents; the MTA's station data; Reside New York's page for the building; and reports by New York YIMBY (October 26, 2018 and October 9, 2026) and QNS (October 7, 2026). The listing sets the rules; confirm there before you apply. How VoucherMatch reports these guides and corrects errors: how we report.

The 83-12 Broadway lottery in numbers

6apartments in the lottery, all at 80% AMI
Oct. 28the 2026 application deadline
$2,225the rent for each of the three one-bedrooms
$2,579the rent for each of the three two-bedrooms
$84,926the lowest yearly income the listing accepts without a voucher
29apartments in the building's permit, on eight stories

Words used in this report

Area median income (AMI)The middle income for the area, adjusted for household size. A lottery apartment "at 60% AMI" is for households earning up to about 60% of it. The agency's income chart turns each level into dollar limits.
Lottery (NYC Housing Connect)Every complete application gets a random log number. The marketing agent works through applications in log-number order within each preference group, so applying early does not help.
Minimum incomeThe lowest yearly income the listing accepts for an apartment, so the rent is not too large a share of income. Housing Connect does not apply it to households with a voucher or rental subsidy.
Marketing agentThe company the building hires to run its lottery and check applicants' papers.
Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.
485-x (Affordable Neighborhoods for New Yorkers)A property tax break for new buildings with six or more apartments, run in New York City by HPD. HPD says it "was created to support the creation of affordable housing in New York City."
Housing Choice Voucher (Section 8)Rental help run by a housing authority. You find a home, and the agency checks the unit, rent and your household before it approves payment.
CityFHEPS (New York City)The City Fighting Homelessness and Eviction Prevention Supplement: a City-funded rent supplement that the Department of Social Services (DSS) pays straight to the landlord.
Payment standard (the CityFHEPS maximum in this report)An amount the agency uses to work out housing assistance for a unit size and area. It does not mean that any home at that rent will be approved.
Utility allowanceThe agency's estimate of the cost of utilities you must pay. It is not a promise to pay your actual bills.
FMR and SAFMRHUD rent estimates for an area (Fair Market Rent) or ZIP code (Small Area Fair Market Rent). They include rent and most tenant-paid utilities. Your agency may use a different payment standard.

Two photographs side by side on a white background: at left an unfinished kitchen with white shaker cabinets, a grey stone counter with a sink, a marble-look backsplash and a round ceiling light, with no appliances in place, protective paper and blue tape on the floor and a black bag in a corner; at right a bathroom with marble-look tile walls, a glass sliding shower door, a white vanity with a mirrored cabinet above it and a toilet, with a mop bucket standing in the shower — A kitchen and a bathroom at 83-12 Broadway in Elmhurst, Queens, in two photographs from the Housing Connect listing. They were taken before the work was finished: the kitchen has no appliances yet and the floors are covered. The listing does not say which apartment they show. Photo: the lottery listing, listing images, via NYC Housing Connect, 83-12 Broadway (lottery 7672) (two listing images placed side by side at their own size on a white canvas).

What Is Being Built at 83-12 Broadway

83-12 Broadway is a new building of eight stories and 29 apartments, with commercial space, according to its permit. No certificate of occupancy had been issued for it as of October 18, 2026.

Names: Housing Connect calls the lottery "83-12 Broadway". The listing's mail-request address and Reside New York's page call it "83-12 Broadway Apartments".
Permit: Department of Buildings job 421639980 is an eight-story building with a cellar, 85 feet tall, with 29 apartments. Its description reads "NEW BUILDING FOR RESIDENTIAL AND COMMERCIAL USE."
Owner: NY B&B Property LLC, in the permits, PLUTO and the 2023 deed.
Design and builder: the permit applicant is an engineer at ABC Engineering PLLC, which YIMBY and QNS say designed it. Stonehill Constr Serv Inc holds the construction permits. The filings name no architect.
Program: the listing says the building "is anticipated to receive a Tax Exemption through the 485X Tax incentive program".
Before: a two-story commercial building, whose demolition was signed off on February 28, 2024.

A narrow building corridor with white upper walls and grey marble-look tile on the lower walls, doors on both sides, a lit red EXIT sign and, at the far end, a patterned metal door with a button panel beside it; a sheet of drywall leans on the left wall and cables lie on the floor — A shared corridor at 83-12 Broadway, from the Housing Connect listing, photographed while construction was still under way. Photo: the lottery listing, listing image, via NYC Housing Connect, 83-12 Broadway (lottery 7672) (placed at its own size on a white canvas).

Where the records disagree
Question	One record	Another record
Stories and height	Buildings job 421639980: 8 stories with a cellar, 85 feet	YIMBY, 2018 and 2026: "seven-story". QNS: 7 stories, "72 feet tall"
Apartments in the building	Job 421639980 and a 2026 filing: 29. A 2024 filing for 38 was withdrawn	YIMBY and QNS: 34
Lowest income	Housing Connect listing: $84,926	Reside New York's page: "$87,189.00 - $146,560.00"
Exterior picture	Permit: 8 stories	The listing's picture shows six floors and the number 486 over the door

What it means: the listing's income figures are the ones that count. This report does not use the listing's exterior picture.

Source: Department of Buildings data; New York YIMBY, October 26, 2018 and October 9, 2026; QNS, October 7, 2026; Reside New York's page; the Housing Connect listing, read October 18, 2026.

83-12 Broadway, from filing to Housing Connect

October 24, 2018the new building application is filed.
June 7, 2019the Department of Buildings approves the plans.
June 27, 201983 Broadway Realty LLC buys the lot for $7,000,000.
July 21, 2023NY B&B Property LLC buys the lot for $6,800,000.
April 16, 2024the first new building permit is issued.
March 9, 2026a permit covers a temporary standpipe from the cellar to floor 8.
October 7 to 9, 2026QNS and YIMBY report the lottery.
October 28, 2026applications are due.

What it means: DOB's data shows no certificate of occupancy yet. QNS wrote that the building is "expected to be completed by the end of 2026."

Source: Department of Buildings job 421639980, its permits and filing Q01355242; ACRIS, Queens block 1544, lot 35; QNS; New York YIMBY; the listing.

Where 83-12 Broadway Is in Elmhurst

83-12 Broadway is in Elmhurst, Queens, in ZIP code 11373. The Elmhurst Av subway station is about 0.17 miles away in a straight line.

The location in the records

NeighborhoodDepartment of Buildings filings and the City's address search say Elmhurst. Housing Connect's search lists the lottery under "West Queens".
ZIP code11373 in the listing, the Buildings filings, PLUTO and the address search.
DistrictsQueens Community Board 4 and City Council District 25, in the filings and PLUTO.
The lotQueens block 1544, lot 35, 65 by 100 feet. The other lots on the block face Broadway, Cornish Avenue, Dongan Avenue and Poyer Street.

What it means: PLUTO, version 26v2, still lists the lot as vacant land with no building on it.

Source: Department of Buildings data; PLUTO 26v2; the City's GeoSearch; the Housing Connect listing and search; distances by VoucherMatch from the listing's map points.

A wide street crossing under a clear blue sky, with traffic lights, a green Elmhurst Av street sign, cars, a green box truck and a cyclist seen from behind, and tall trees with autumn leaves behind a fence on the far side — Broadway at Elmhurst Avenue in Elmhurst, Queens, in November 2019, looking across at Moore Homestead Playground. The playground is about 0.18 miles from 83-12 Broadway in a straight line; the building is not in the picture. Photo: Tdorante10, CC BY-SA 4.0, via Wikimedia Commons (cropped).

Rents and Income Limits in the 83-12 Broadway Housing Connect Lottery

The listing has two rents: $2,225 a month for a one-bedroom and $2,579 for a two-bedroom. All six apartments are at 80% AMI.

Apartments	Rent	People	Yearly income
3 one-bedrooms, 80% AMI	$2,225	1 to 3	$84,926 to $122,160
3 two-bedrooms, 80% AMI	$2,579	2 to 5	$102,000 to $146,560

What it means: at each minimum, a year of rent is 31.4% (one-bedroom) and 30.3% (two-bedroom) of income before taxes, by VoucherMatch's arithmetic. HPD calls housing affordable at "about one-third or less" of income.

Source: Housing Connect listing for lottery 7672, read October 18, 2026. The top of each range is for the largest household allowed.

Household size	80% AMI maximum	Apartments open to that size	Lowest minimum
1 person	$95,040	3 one-bedrooms	$84,926
2 people	$108,560	all 6	$84,926
3 people	$122,160	all 6	$84,926
4 people	$135,680	3 two-bedrooms	$102,000
5 people	$146,560	3 two-bedrooms	$102,000

What it means: yearly income before taxes must fall between the two figures. A household of six or more cannot apply.

Source: the same listing. The maximums equal the 80% column of HPD's 2026 income chart.

Where a household can fall outside the ranges

Under $84,926no apartment fits without a voucher or rental subsidy.
Over the maximumnothing fits, for example one person over $95,040.
Two or three people from $84,926 to $101,999only the one-bedrooms fit.
Four or five people under $102,000nothing fits without a voucher.
Two people in a two-bedroomthe range is $102,000 to $108,560, only $6,560 wide.

What it means: a two-person household can apply for all six apartments only with an income from $102,000 to $108,560.

Source: VoucherMatch's arithmetic from the listing's income ranges.

Key pointthe asset limit is $135,680 for every apartment. The FAQ sets it at "the maximum income limit for a four (4)-person household" at the apartment's AMI level. Retirement and college savings balances "are not subject to the asset limit".

Two photographs side by side on a white background: at left an empty room with white walls, recessed ceiling lights, a wire hanging from one wall and a tall black-framed window with blue tape on the glass and scaffolding outside; at right a long hall inside an apartment with doors on both sides, leading to a black-framed glass door at the far end, with boxes and a bucket on the paper-covered floor — An empty room and a hall inside an apartment at 83-12 Broadway, photographed before the work was finished, from the Housing Connect listing. Scaffolding still stood outside the window. Photo: the lottery listing, listing images, via NYC Housing Connect, 83-12 Broadway (lottery 7672) (two listing images placed side by side at their own size on a white canvas).

Can You Use CityFHEPS or Section 8 at 83-12 Broadway?

Yes. Both rents are under the 2026 CityFHEPS maximum for their size, even after taking off DSS's allowances for the electricity tenants pay. The Housing Connect FAQ says: "Minimum income requirements do not apply if you have a voucher or a rental subsidy. However, rent should be within maximum limits allowed by your voucher or rental assistance program."

Monthly rent at 83-12 Broadway against the 2026 CityFHEPS maximum, in dollars

Rent in the listingCityFHEPS maximumMaximum less utility allowances

1 bedroom

$2,225

$2,734

$2,502

2 bedrooms

$2,579

$2,997

$2,692

View the data table

Apartment size	Rent in the listing	CityFHEPS maximum	Maximum less utility allowances
1 bedroom	$2,225	$2,734	$2,502
2 bedrooms	$2,579	$2,997	$2,692

What it means: the one-bedroom rent is $277 under the reduced figure and the two-bedroom rent $113 under.

Source: rents from the listing; maximums from DSS-8r, effective April 1, 2026; allowances from the table below; subtraction by VoucherMatch.

Apartment size	Electric with Cooking Range	Total (Electric Heat & Hot Water)	Both together
1 bedroom	$126	$106	$232
2 bedrooms	$167	$138	$305

What it means: DSS-8r's maximums "are the maximum rent amounts if all utilities are included in the lease." DSS decides which allowances apply.

Source: DSS-8r, 2026 utility allowance schedule. These rows match the listing: "Tenant is responsible for electricity, including the electric stove, electric heat, and electric hot water."

DSS-8r sets the CityFHEPS amount by household size. One or two people get the one-bedroom amount, and three or four get the two-bedroom amount.

Household and apartment	CityFHEPS amount	Rent plus allowances	Difference
1 or 2 people, one-bedroom	$2,734	$2,457	$277 under
3 people, one-bedroom	$2,997	$2,457	$540 under
2 people, two-bedroom	$2,734	$2,884	$150 over
3 or 4 people, two-bedroom	$2,997	$2,884	$113 under
5 people, two-bedroom	$3,753	$2,884	$869 under

What it means: a two-person household in a two-bedroom is the one case over. The rent alone is $155 under $2,734, so ask your caseworker before you apply.

Source: DSS-8r's 2026 amounts by family size; household sizes and rents from the listing; VoucherMatch's arithmetic, counting the allowances for the apartment's size.

Credit: the FAQ says "Applicants qualifying with rental subsidy are not subject to a credit check or review of rental history."
Section 8: the FAQ lists "Section 8 Housing Choice Vouchers (HPD or NYCHA)". See the New York City Housing Authority page and Section 8 payment standards in NYC for 2026.
Guides: Section 8 utility allowances in NYC and CityFHEPS vs Section 8.

How the Rents Compare With HUD's Figures for ZIP Code 11373

Both rents are below HUD's fiscal year 2027 Small Area Fair Market Rent for ZIP code 11373, by $825 for the one-bedroom and $741 for the two-bedroom.

Monthly rent at 83-12 Broadway against HUD's fiscal year 2027 figure for ZIP code 11373, in dollars

Rent in the listingRent plus DSS-8r allowancesHUD figure for ZIP 11373

1 bedroom

$2,225

$2,457

$3,050

2 bedrooms

$2,579

$2,884

$3,320

View the data table

Apartment size	Rent in the listing	Rent plus DSS-8r allowances	HUD figure for ZIP 11373
1 bedroom	$2,225	$2,457	$3,050
2 bedrooms	$2,579	$2,884	$3,320

What it means: HUD's figure includes most utilities, and tenants here pay all the electricity. With DSS-8r's allowances added, the gaps are $593 and $436, by VoucherMatch's arithmetic.

Source: rents from the listing; HUD's Small Area Fair Market Rents for fiscal year 2027, in effect since October 1, 2026, for ZIP 11373, the ZIP code in the listing, the Buildings filings and PLUTO.

In this ZIP code: see voucher apartments in ZIP 11373 and Section 8 apartments in Elmhurst.

What 485-x Means at 83-12 Broadway and How the Lot Was Bought

The listing says the building is "anticipated to receive" a 485-x tax break. NY B&B Property LLC bought the lot in 2023 for $6,800,000, and no mortgage is recorded after that.

Option on HPD's page	Building size, in HPD's words	Affordable apartments, in HPD's words
A	"100 or more residential dwelling units"	"25% of the units" at "an average of 80% Area Median Income (AMI)"
B	"at least 6 and no more than 99 residential dwelling units"	"20% of the units must be Affordable Housing Units at an average of 80% AMI"
C	"at least 6 and no more than 10 residential dwelling units"	"At least half of the units must be rent stabilized."
D	Homeownership projects "with at least 6 units"	Owners live there "for at least the first five years"

What it means: the listing names 485-x but not an option, and no record opened names the option the owner chose.

Source: HPD's 485-x page, read October 18, 2026.

What HPD's 485-x page says about the apartments

For good"All Affordable Housing Units will be permanently affordable". Restricted units "will be permanently rent stabilized."
Same doorsrental apartments "must share the same common entrances and common areas as the market rate units".

Recorded document	Date	Parties in the record	Amount
Deed	June 27, 2019	to 83 Broadway Realty LLC	$7,000,000
Mortgage	June 27, 2019	83 Broadway Realty LLC, Ponce Bank	$2,500,000
Deed	July 21, 2023	83 Broadway Realty, LLC to NY B&B Property LLC	$6,800,000
Satisfaction of mortgage	July 25, 2023	Ponce Bank, 83 Broadway Realty LLC	no amount

What it means: no mortgage after the 2023 purchase is recorded on the lot. No record opened shows City financing.

Source: ACRIS index for Queens block 1544, lot 35, current through September 30, 2026; the documents themselves were not opened.

Preferences, Building Features and Trains Near 83-12 Broadway

The listing names no preferences or set-asides and lists 13 amenities. The nearest subway station is about 0.17 miles away.

Who gets preference: the listing beside the FAQ

In the listingno set-asides and no preferences, as read October 18, 2026.
The FAQ's usual rule5% of apartments go to people with a mobility disability and 2% to people with a hearing or vision disability. This listing shows neither.
Community boardthe FAQ says this preference "does not apply to developments that do not receive City financing, e.g., those that only receive a tax exemption."
City residentsthe FAQ says "preference is given to current New York City residents."

What the building has: included, extra cost, restricted

In the apartmentsthe listing names "Air-conditioning", "Energy-efficient appliances", "Patio or balcony" and an "Intercommunication device".
In the buildingan elevator, an accessible entrance, bike storage lockers, "Laundry service" and security cameras.
Extra costthe listing says "There are no fees for amenities."
Restricted"Smoke-free". One dog of up to 25 pounds per apartment, and "service animals are always permitted as an exception." A "$300 refundable pet security deposit may be required."
Not statedapartment sizes, floors, parking and where the laundry is.

Key pointtenants pay for all electricity, including the stove, heat and hot water. The listing gives no estimate of the monthly bill.

Subway stations nearest to 83-12 Broadway
Station	Lines	Straight-line distance	Accessible
Elmhurst Av	M, R	0.17 miles	No
Grand Av-Newtown	M, R	0.29 miles	No
82 St-Jackson Hts	7	0.52 miles	No
90 St-Elmhurst Av	7	0.56 miles	No
Jackson Hts-Roosevelt Av	E, F, M, R	0.73 miles	Yes
74 St-Broadway	7	0.74 miles	Yes
Junction Blvd	7	0.79 miles	Yes

Showing the first 4 of 7 rows. View allCollapse table

What it means: the listing tags Elmhurst Av and Grand Av-Newtown with "E,M,R". The MTA's data lists only the M and R there by day.

Source: stations, daytime lines and the accessible flag from the MTA's station data; distances by VoucherMatch in a straight line from the listing's map point (40.7407081, -73.879745), so the walk is longer.

A subway entrance set into the front of a building, with a black sign reading Elmhurst Av Subway Station and orange M and yellow R circles over a stairway going down, shop signs on the walls inside and people seen from behind walking down the stairs — The Elmhurst Av station entrance inside 82-55 Broadway, at Broadway and Elmhurst Avenue, in November 2019. The sign shows the M and R. The station is about 0.17 miles from 83-12 Broadway in a straight line. Photo: Tdorante10, CC BY-SA 4.0, via Wikimedia Commons (cropped).

Along the lines: see apartments near the R train, the M train and the 7 train.

How to Apply for 83-12 Broadway on Housing Connect by October 28, 2026

Applications are open. Lottery 7672 was in Housing Connect's open-lottery search on October 18, 2026, and applying is free.

Applying to the 83-12 Broadway lottery

1Make a profileat housingconnect.nyc.gov, enter every household member, all income and any voucher.
2Open the listing83-12 Broadway, lottery 7672. Check your household against the tables above.
3Apply onceby October 28, 2026. The FAQ says "You will be disqualified if more than one application is received per lottery for your household."
4Or apply on paperthe listing's "Apply by Mail" section says "To request an application by mail, send a self-addressed envelope to:" 83-12 Broadway Apartments C/O Reside New York, 349 Keap Street, Brooklyn, NY 11211. It gives no return address for the completed form. The FAQ says "If you submit an application online, you may NOT submit an application via mail."
5Keep your profile completethe FAQ warns that an incomplete profile "will not receive a log number for that lottery."

Watch outthe listing gives no separate rule for mailed applications. YIMBY and QNS both wrote that applications must be "postmarked or submitted online" by October 28. Mail early. HPD's applicant hotline is 212-863-7990, on weekdays from 9am to 5pm. Reside New York's site gives 718-387-4448.

Check before you payapplying through NYC Housing Connect is free. Its FAQ says "There is no fee to apply for housing using Housing Connect"; a marketing agent may charge a credit or background check fee of no more than $20 per household. No payment app, wire or gift card buys a place in a lottery, and no one should charge you to see or hold an apartment. Apply only at housingconnect.nyc.gov or by mail to the address in the official listing.

What happens after the deadline

October 28, 2026the deadline. HPD's guide says your chances are the same "no matter when you submit your application, as long as it is before the deadline."
Within a few weeksHousing Connect gives each complete application a random log number.
When your number is reachedthe marketing agent asks for documents. HPD's guide says "you will only have a few business days to submit your documents."
Before a leaseyou show 12 months of full rent payments or agree to a credit review. The fee is at most $20.

What it means: HPD's guide says you may hear back "within two to twelve months after the deadline", and that "you may not be contacted, even if you could have qualified".

Source: the Housing Connect listing and FAQ; HPD's Applying for Affordable Housing guide.

Documents to have ready

ID for every adult. a driver's license, non-driver state ID or IDNYC
Children under 18. birth certificates or a school letter
Income. pay stubs and tax returns
Address and assets. proof of address and bank statements
Voucher. proof of the subsidy and the rent it covers

What it means: the marketing agent's request lists the exact papers.

Source: the Housing Connect FAQ.

Where openings are posted

Housing Connectcity lotteries are posted at housingconnect.nyc.gov.
Later vacanciesthe FAQ says units that open up after first leasing "may be made available for applicants outside of Housing Connect". HPD's re-rentals page has the list.
By phoneHPD's guide says to "Call 311 and ask for the Affordable Housing Hotline."

What Is Known and Not Yet Known About 83-12 Broadway

The rents, incomes, asset limit, deadline, utilities and pet rule are in the listing. The move-in date and the finished building are not.

Not published, as of October 18, 2026

Move-in datenot given. No certificate of occupancy was in DOB's data, and the listing photos show unfinished rooms.
Apartment detailssizes, floors and which apartments have a patio or balcony.
The 485-x optionno record opened names it.
The marketing agentthe listing does not name one. Its mail-request address is in care of Reside New York.

If You Need an Apartment Sooner

A log number is not an offer, and hearing back can take two to twelve months. Keep searching while you wait.

2 bedrooms apartment in Jamaica, Queens — Queens apartments on VoucherMatch that take vouchers, nearest to 83-12 Broadway first

3 bedrooms apartment in Jamaica, Queens — Queens apartments on VoucherMatch that take vouchers, nearest to 83-12 Broadway first

Voucher in hand: browse CityFHEPS apartments in Elmhurst, Section 8 apartments in Queens and CityFHEPS apartments in Queens.
No voucher yet: read how to get a housing voucher in NYC.
No voucher and a low income: see low-income apartments in New York City.

Frequently Asked Questions

When is the deadline for the 83-12 Broadway housing lottery?

October 28, 2026, according to the Housing Connect listing read on October 18, 2026. Lottery 7672 was in the open-lottery search that day, so applications were open. YIMBY and QNS wrote that applications must be postmarked or submitted online by that date. Mail early, and check the listing before you apply.

Is 83-12 Broadway on NYC Housing Connect?

Yes. 83-12 Broadway is Housing Connect lottery 7672, with six apartments at 80% AMI. The listing's mail-request address calls the building 83-12 Broadway Apartments. Apply online at housingconnect.nyc.gov, or request a paper form by mail from the address in the listing, care of Reside New York in Brooklyn. Do not apply both ways.

How much do you have to earn for 83-12 Broadway?

Without a voucher, a one-bedroom needs $84,926 to $122,160 a year, and a two-bedroom $102,000 to $146,560. The top depends on household size: $95,040 for one person, up to $146,560 for five. Voucher holders do not have to meet the minimum, but the maximum still applies.

Does 83-12 Broadway take CityFHEPS or Section 8?

Yes. Housing Connect accepts both, and the minimum income does not apply. The $2,225 one-bedroom and $2,579 two-bedroom are under the 2026 CityFHEPS maximums, even after DSS's electricity allowances. A two-person household in a two-bedroom may be $150 over its amount, so ask your caseworker first.

Are the rents at 83-12 Broadway below market?

Yes, against HUD's figures. HUD's fiscal year 2027 fair market rent for ZIP code 11373 is $3,050 for a one-bedroom and $3,320 for a two-bedroom. The lottery rents are $825 and $741 lower. HUD's figure includes most utilities, while tenants here pay all their electricity.

Is 83-12 Broadway rent stabilized under 485-x?

Its affordable apartments would be, if the 485-x tax break is granted. The listing says the building is "anticipated to receive" it. HPD's 485-x page says affordable units "will be permanently affordable" and restricted units "will be permanently rent stabilized." PLUTO showed no tax exemption on the lot yet.

Sources for this article (22)

Housing Connect listing for lottery 7672 (housingconnect.nyc.gov)
open-lottery search (housingconnect.nyc.gov)
Housing Connect FAQ (housingconnect.nyc.gov)
485-x (nyc.gov)
area median income (nyc.gov)
Applying for Affordable Housing (nyc.gov)
DSS-8r (nyc.gov)
job filings (data.cityofnewyork.us)
permits (data.cityofnewyork.us)
later filings (data.cityofnewyork.us)
certificates of occupancy (data.cityofnewyork.us)
PLUTO (data.cityofnewyork.us)
ACRIS (data.cityofnewyork.us)
Affordable Housing Production by Building (data.cityofnewyork.us)
Small Area Fair Market Rents (huduser.gov)
station data (data.ny.gov)
page for the building (residenewyork.com)
October 26, 2018 (newyorkyimby.com)
October 9, 2026 (newyorkyimby.com)
QNS (qns.com)
housingconnect.nyc.gov (housingconnect.nyc.gov)
re-rentals page (nyc.gov)

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Every rule, date and dollar amount in this article is checked against the agency document it comes from, and the sources are listed above. How VoucherMatch articles are researched and corrected