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The Waterlyn in Astoria: 33 Affordable Apartments at 30-17 12th Street on Housing Connect, From $967 a Month

25 min readBy VoucherMatch Editorial Team
Quick answerThe Waterlyn is a new nine-story building at 30-17 12th Street in Astoria, Queens. As of October 17, 2026, NYC Housing Connect lists 33 income-restricted apartments there at $967 to $3,883 a month. Applications are not open. The listing has no deadline and is not in the site's open-lottery search. City records count 124 apartments. Of the 33 rents, 28 are under the 2026 CityFHEPS maximum, and Housing Connect says minimum income does not apply with a voucher.

Last checked: October 17, 2026, against the Housing Connect listing for lottery 7732, its rent table and the open-lottery search, the Housing Connect FAQ, CityFHEPS form DSS-8r, Department of Buildings job Q01242193 and its certificate of occupancy data, HPD's production data (project 77379), PLUTO, ACRIS records for Queens block 515, lot 19, the City Planning Commission's report C 230126 ZMQ, the planning portal's project record, HPD's pages on Inclusionary Housing and 421-a, its MIH fact sheet and applying guide, reports by Queens Post, Commercial Observer and New York YIMBY, and the MTA's station data. How VoucherMatch reports these guides and corrects errors: how we report.

The Waterlyn in numbers
  • 33apartments in the Housing Connect lottery
  • 124apartments in the building, in city records
  • $967the lowest rent, a one-bedroom at 40% AMI
  • $3,883the highest rent, a one-bedroom at 130% AMI
  • 9stories in the building permit
  • Not openno deadline posted as of October 17, 2026

Source: Housing Connect listing for lottery 7732, read October 17, 2026; Department of Buildings job Q01242193.

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.
  • 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.
  • 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.
  • Marketing agentThe company the building hires to run its lottery and check applicants' papers.
  • 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.
  • Certificate of occupancyThe Department of Buildings' sign-off that a building, or part of it, can be lived in.
Rendering of a nine-story apartment building on a street corner in red brick with dark gray panels on the upper floors, rows of small balconies, a glass storefront base and planted roof terraces, with traffic lights, a crosswalk and a blurred passing car in the foreground
The Waterlyn at 30-17 12th Street in Astoria, in a rendering marked Chaim Horowitz Design from the Housing Connect listing for lottery 7732. The neighboring buildings are part of the rendering. Photo: Chaim Horowitz Design (rendering), via the Housing Connect listing, lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).

What Is Being Built at 30-17 12th Street

The Waterlyn is a nine-story building with 124 apartments. It is going up on a vacant corner lot at 12th Street and 30th Avenue, where a factory and office building once stood.

  • Names and addresses: Housing Connect and the building permit use The Waterlyn and 30-17 12th Street. City Planning, HPD, property records and news reports use 30-11 12th Street for the same lot, Queens block 515, lot 19.
  • Permit: Department of Buildings job Q01242193 is a new building of 9 stories, 94 feet and 124 dwelling units.
  • Developer and architect: the permit names Samuel Teitelbaum of Palm Tree Consulting Inc as owner and Nikolai Katz Architect as the applicant. Queens Post and New York YIMBY name the same two.
  • Land: PLUTO lists 30-11 Realty LLC as the lot's owner. It leased the lot to 30-11 12th Street Realty LLC, which sought the 2024 rezoning and signed the 2026 mortgages.
  • Programs: the listing says the building "will include 124 units total, including 31 permanently affordable Inclusionary Housing units at 40%, 60%, and 110% AMI, and 2 (421a) units at 130% AMI, all offered in this lottery."
Rendering of a long red brick apartment building seen straight on, with two taller brick towers, dark gray panels on the top floors, many small balconies, a glass ground floor and cars parked along the street
The building's long street front in a rendering marked Chaim Horowitz Design, from the Housing Connect listing for lottery 7732. Photo: Chaim Horowitz Design (rendering), via the Housing Connect listing, lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).
30-17 12th Street, from rezoning to Housing Connect
  • November 1, 2022the rezoning application is filed.
  • March 6, 2024the City Planning Commission approves it.
  • April 11, 2024City Planning's record marks the City Council's review complete.
  • June 24, 2025the nine-story building application is filed.
  • March 27, 2026three construction mortgages totaling $36,500,000 are signed.
  • May 7, 2026HPD's project start date. A declaration and two agreements with the City carry the same date.
  • May 15, 2026the first permit for the new building is issued.
  • October 17, 2026Housing Connect lists 33 apartments with rents and no deadline.

What it means: no certificate of occupancy had been issued for the lot as of October 17, 2026.

Source: City Planning Commission report C 230126 ZMQ and project record 2022Q0107; Department of Buildings job Q01242193; ACRIS; HPD project 77379; Housing Connect.

Where the sources disagree on the building
  • Height94 feet in the Department of Buildings filing. Queens Post (July 1, 2025) and New York YIMBY (January 27, 2026) wrote 91 feet.
  • Size98,351.9 square feet of construction floor area in the filing. Queens Post and YIMBY wrote 94,474 square feet.
  • Apartments124 in the permit, HPD's data and the listing. The 2024 rezoning was for an eight-story building with "86 dwelling units, of which 26 would be permanently income-restricted".
  • CompletionYIMBY wrote that a sign on site gave October 2026, "However, YIMBY expects construction to finish sometime in 2027."

What it means: no developer or agency has published an opening date.

Source: the filing, reports and records named.

How the 2024 Rezoning Set the Affordable Share

The 2024 rezoning made the lot a Mandatory Inclusionary Housing area, so part of the building must stay affordable for good. The listing ties 31 apartments to Inclusionary Housing and 2 to the 421-a tax exemption.

The two programs named in the listing, in the agencies' words
  • Mandatory Inclusionary HousingHPD says it "requires a share of new housing in medium- and high-density areas that are rezoned to promote new housing production" to be "permanently affordable".
  • The options mapped hereCity Planning approved Options 1 and 2. On March 28, 2024 the City Council's Land Use Committee voted 8-0-0 to replace Option 2 with the "Deep Affordability Option". PLUTO flags the lot for options 1 and 3.
  • Option 1, in HPD's fact sheet25% of residential floor area at an average of 60% AMI or lower, with "10% of floor area at 40% AMI" and "No income band above 130% AMI".
  • Option 3, in HPD's fact sheet20% of residential floor area at an average of 40% AMI or lower.
  • 421-aHPD calls it "a partial tax exemption for new multiple dwellings". A building receiving it "may be subject to rent stabilization".

What it means: the listing does not say which option the building uses. By VoucherMatch's count its 31 Inclusionary Housing apartments average 56% AMI, though HPD measures by floor area.

Source: HPD's Inclusionary Housing page, MIH fact sheet (April 2025) and 421-a page; the Council's letter of March 28, 2024; PLUTO.

Key pointHPD says the current 421-a program "is available to projects that commence construction between January 1, 2016 and June 15, 2022". City records show a foundation permit for this lot first issued June 1, 2022. No document opened says when construction began for 421-a purposes or whether the exemption was granted.

124 Apartments in the Building, 33 in the Lottery

The lottery holds 33 of the 124 apartments, all one- and two-bedrooms. HPD's data counts 31 of them as affordable. The other 2 are the 421-a apartments at 130% AMI.

Apartments in the Housing Connect lottery for The Waterlyn by income level and size, October 17, 2026
1 bedroom2 bedrooms
View the data table
Income level1 bedroom2 bedrooms
40% AMI103
60% AMI312
110% AMI03
130% AMI20

What it means: 28 of the 33 apartments, or 85%, are at 40% or 60% AMI.

Source: Housing Connect listing for lottery 7732, read October 17, 2026.

HPD's income bandHPD's countIn the listing
Very low (31 to 50% AMI)1313 at 40% AMI
Low (51 to 80% AMI)1515 at 60% AMI
Moderate (81 to 120% AMI)33 at 110% AMI
Not counted by HPDnone2 at 130% AMI, tied to 421-a
Total31 of 12433

What it means: HPD's 13 one-bedrooms and 18 two-bedrooms match the listing's Inclusionary Housing apartments.

Source: HPD project 77379 and its column definitions; Housing Connect listing.

Where 30-17 12th Street Is

The lot runs along 12th Street south of 30th Avenue, in ZIP code 11102. City Planning calls the area Astoria.

The location in the records
  • NeighborhoodCity Planning's report says "the Astoria neighborhood of Queens, Community District 1". Department of Buildings and HPD records give the area as Old Astoria-Hallets Point.
  • The cornerYIMBY puts the property at "the southeast corner 12th Street and 30th Avenue".
  • ZIP code and districts11102 in Housing Connect, Department of Buildings, HPD and PLUTO records. The permit gives Queens Community Board 1 and City Council District 22.

What it means: see Section 8 apartments in Astoria and voucher apartments in ZIP 11102.

Source: the records named.

Rendering at street level of a red brick apartment building with stacked balconies, a glass-fronted ground floor showing exercise machines, a slatted gate beside a planted courtyard, and an entrance at right
The building's base along the street, with a glass-fronted gym, in a rendering marked Chaim Horowitz Design from the Housing Connect listing for lottery 7732. Photo: Chaim Horowitz Design (rendering), via the Housing Connect listing, lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).
Places the Housing Connect listing names near the building
Place in the listingKindStraight-line distance
"30 Av/14 St"Bus stopabout 0.1 miles
"27 Av/4 St"Bus stopabout 0.3 miles
"I.S. 126Q Albert Shanker School Community School"Schoolabout 0.3 miles
"27 Av/2 St"Bus stopabout 0.3 miles
"Mount Sinai Queens"Hospitalabout 0.4 miles
"The 30th Avenue School (G&T Citywide)"Schoolabout 0.5 miles
"P.S. 234"Schoolabout 0.5 miles
"Athens Square"Parkabout 0.5 miles
"Rainey Park"Parkabout 0.6 miles
"Astoria Park"Parkabout 0.7 miles

What it means: the walk is longer.

Source: the Housing Connect listing; straight-line distances by VoucherMatch from the listing's map point.

Rents and Income Ranges for 30-17 12th Street on Housing Connect

The listing shows six apartment types at six rents, from $967 to $3,883 a month. Its lowest minimum income is $41,795 a year.

ApartmentsRentPeopleYearly income
10 one-bedrooms, 40% AMI$9671 to 3$41,795 to $61,080
3 two-bedrooms, 40% AMI$1,0692 to 5$50,229 to $73,280
3 one-bedrooms, 60% AMI$1,5741 to 3$62,606 to $91,620
12 two-bedrooms, 60% AMI$1,7982 to 5$75,223 to $109,920
3 two-bedrooms, 110% AMI$3,6202 to 5$137,692 to $201,520
2 one-bedrooms, 130% AMI$3,8831 to 3$141,772 to $198,510

What it means: there are no studios or three-bedrooms.

Source: Housing Connect listing for lottery 7732, read October 17, 2026; the top of each range is for the largest household allowed.

Rendering of a furnished living room with a light gray sectional sofa, brown cushions, a small wooden coffee table, a potted tree, light wood floors and a kitchen counter with three stools at left
An apartment living room with a kitchen counter, in a rendering from the Housing Connect listing for lottery 7732. The listing does not say which apartment type it shows. Photo: Rendering from the Housing Connect listing (maker not named), lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).
Maximum yearly income by household size, from the listing
Household size40% AMI60% AMI110% AMI130% AMI
1 person$47,520$71,280none listed$154,440
2 people$54,280$81,420$149,270$176,410
3 people$61,080$91,620$167,970$198,510
4 people$67,840$101,760$186,560none listed
5 people$73,280$109,920$201,520none listed

What it means: no apartment allows six people.

Source: the same listing.

Where a household's income leads to no apartment
  • Under $41,795below the lowest minimum, unless the household has a voucher or rental subsidy. For four or five people the floor is $50,229.
  • One person$47,521 to $62,605, or $71,281 to $141,771.
  • Two people$54,281 to $62,605, or $81,421 to $137,691.
  • Three people$61,081 to $62,605, or $91,621 to $137,691.
  • Four people$67,841 to $75,222, or $101,761 to $137,691. For five people: $73,281 to $75,222, or $109,921 to $137,691.

What it means: the widest gap runs from the 60% AMI maximums up to the $137,692 minimum at 110% AMI.

Source: VoucherMatch's arithmetic from the listing's incomes.

Watch outeach minimum income equals 12 months of rent plus $252 a month for a one-bedroom, or $396 for a two-bedroom, divided by 0.35. That is VoucherMatch's arithmetic. The listing does not say what the added amount is for.

Which Rents a CityFHEPS or Section 8 Voucher Reaches

A voucher holder does not have to meet the minimum income. Of the 33 rents, 28 are under the 2026 CityFHEPS maximum for the same apartment size. The other 5 are the 110% AMI two-bedrooms and the 130% AMI one-bedrooms.

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."

Lowest and highest listed monthly rent at 30-17 12th Street against the 2026 CityFHEPS maximum for that apartment size, in dollars
Lowest rentHighest rentCityFHEPS maximum
View the data table
Apartment sizeLowest rentHighest rentCityFHEPS maximum
1 bedroom$967$3,883$2,734
2 bedrooms$1,069$3,620$2,997

What it means: the 40% and 60% AMI rents are $1,160 to $1,928 under the maximum. The 110% AMI two-bedroom is $623 over it, and the 130% AMI one-bedroom $1,149 over.

Source: rents from the Housing Connect listing; maximums from DSS-8r, effective April 1, 2026, "if all utilities are included in the lease".

Watch outthe maximums assume the rent covers all utilities, and the listing does not say which ones it includes. The Borough President's 2023 report recorded that the planned building "will be fully electric". A voucher program subtracts a utility allowance when tenants pay. This report subtracts none, because the listing names no utility.
Two renderings side by side: at left a bathroom with a glass-screened tub, a floating wood vanity, a toilet, open wood shelves and a robe on a hook; at right a living room wall with a mounted television over a wooden cabinet, a tall window and a white door
A bathroom and a living room in two renderings from the Housing Connect listing for lottery 7732, shown side by side. The listing does not say which apartment type they show. Photo: Renderings from the Housing Connect listing (maker not named), lottery listing renderings, via NYC Housing Connect listing for lottery 7732, The Waterlyn (two renderings cropped, reduced and set side by side on a plain white frame).
How household size changes the CityFHEPS amount
  • One or two peopleDSS-8r gives $2,734. Every 40% and 60% AMI rent fits.
  • Three or four people$2,997. A $3,883 one-bedroom is still $886 over.
  • Five peopleDSS-8r pairs five or six people with three bedrooms, at $3,753. That is $133 above the 110% AMI two-bedroom's $3,620. Ask DSS how it treats five people in a two-bedroom.
  • Credit checkthe FAQ says "Applicants qualifying with rental subsidy are not subject to a credit check or review of rental history."

What it means: the CityFHEPS amount follows family size, not the apartment.

Source: DSS-8r, 2026 payment standards; Housing Connect FAQ; differences by VoucherMatch.

How the Rents Compare With Typical Rents in ZIP Code 11102

The 40% and 60% AMI rents are $2,026 to $2,851 a month below HUD's estimate for an ordinary apartment in ZIP code 11102. The 110% AMI two-bedroom is $300 below it. The 130% AMI one-bedroom is $283 above HUD's figure.

Lowest and highest listed monthly rent at 30-17 12th Street against HUD's fiscal year 2027 fair market rent for ZIP code 11102, in dollars
Lowest rentHighest rentHUD fair market rent, ZIP 11102
View the data table
Apartment sizeLowest rentHighest rentHUD fair market rent, ZIP 11102
1 bedroom$967$3,883$3,600
2 bedrooms$1,069$3,620$3,920

What it means: the 130% AMI one-bedroom costs more than HUD's $3,600 figure. The 110% AMI two-bedroom is 92% of HUD's $3,920.

Source: rents from the Housing Connect listing; HUD's Small Area Fair Market Rents for fiscal year 2027, in effect since October 1, 2026: its 40th-percentile estimate for the ZIP code, utilities included.

How 30-17 12th Street Is Financed

Property records show three construction mortgages dated March 27, 2026, all to S3 RE 30-11 12th Street Funding LLC. They add up to $36,500,000, by VoucherMatch's addition. No announcement of the financing was found.

Recorded documents on Queens block 515, lot 19
DateDocumentPartiesAmount
March 27, 2026Three mortgages30-11 12th Street Realty LLC to S3 RE 30-11 12th Street Funding LLC$23,750,000, $8,000,000 and $4,750,000
May 7, 2026Mortgage and agreement30-11 Realty LLC with the same S3 company$404,504.22 and $6,000,000
May 7, 2026Declaration30-11 12th Street Realty LLC and 30-11 Realty LLCnone listed
May 7, 2026Two agreementsThe S3 company and the City of New Yorknone listed
June 9, 2025Development rightsBLD Astoria LLC with both 30-11 companies, also covering 12-16 30th Avenue$500,000
December 15, 2010DeedHorstmann Mix and Cream Inc. to 30-11 Realty LLC$2,300,000

What it means: no mortgage in the index names HPD, the Housing Development Corporation or the City as lender. The index does not say what the declaration covers.

Source: ACRIS, Queens block 515, lot 19.

Key pointHPD's page says that in a Mandatory Inclusionary Housing area "the developer or owner must execute a restrictive declaration approved by HPD" before the Department of Buildings can issue the new building permit. Here a declaration is dated May 7, 2026, HPD gives the same project start date, and the permit followed on May 15, 2026.

Preferences, Building Features and Transit at The Waterlyn

The listing posts no set-asides or preferences yet, and it names 30 amenities. HPD's FAQ describes the usual preference groups, which each building's advertisement confirms.

Preferences: what the listing and the FAQ say
  • In this listingnone posted as of October 17, 2026.
  • Disability set-asides, in the FAQ"five percent (5%) of units" for a household member with a mobility disability and "Another two percent (2%)" for a hearing or vision disability.
  • Community board, in the FAQa preference "for fifty percent (20%) of the units" in City-financed buildings. It "does not apply to developments that do not receive City financing, e.g., those that only receive a tax exemption."

What it means: the FAQ's community board sentence prints both 50% and 20%, and the advertisement will say which groups apply here.

Source: Housing Connect listing for lottery 7732; Housing Connect FAQ.

Rendering of a gym with treadmills and elliptical machines along floor-to-ceiling windows, a weight bench and dumbbell racks before a mirror wall, a round wooden seat with cushions and a small planted courtyard behind glass
The gym in a rendering from the Housing Connect listing for lottery 7732, which lists a gymnasium among its amenities. Photo: Rendering from the Housing Connect listing (maker not named), lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).
What the building has, in the listing
  • Shared spacesgymnasium, yoga/dance studio, recreation room, business center, outdoor and rooftop terraces, shared laundry room, dog park, dog washing station, bike storage lockers and package lockers.
  • In the apartmentsdishwasher, air-conditioning, hardwood floors, "High-end kitchen appliances" and "High-end countertops and finishes".
  • Access and serviceselevator, accessible entrance, intercom, security cameras, Wifi in common areas and online rent payment. The building is listed as smoke-free.
  • Feesthe listing does not say whether any amenity costs extra.

What it means: the listing gives no pet policy beyond the dog park and dog washing station.

Source: Housing Connect listing.

Rendering of a lounge with a curved brown sofa, a white armchair, low brass tables, a fireplace set in dark red marble, wood-paneled walls, lit open shelving with books and plants, and globe lights hanging on red straps
A lounge in a rendering from the Housing Connect listing for lottery 7732, which lists a recreation room and a business center but does not name this room. Photo: Rendering from the Housing Connect listing (maker not named), lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).
StationLinesStraight-line distanceAccessible in the MTA's data
30 AvN, Wabout 0.6 milesNo
BroadwayN, Wabout 0.7 milesNo
Astoria BlvdN, Wabout 0.7 milesYes
36 AvN, Wabout 1.0 milesNo
Astoria-Ditmars BlvdN, Wabout 1.1 milesNo
Steinway StM, Rabout 1.1 milesNo

What it means: the nearest station is 30 Av, about 0.6 miles away. The listing gives E, M and R for Steinway St; the MTA's data gives M and R.

Source: the MTA's station data; straight-line distances by VoucherMatch from the listing's map point.

  • Buses and ferry: City Planning's report says the Q18 and Q102 "stop directly in front of the project area". It places the NYC Ferry's Astoria stop "approximately three blocks to the west".
  • Along the line: see apartments near the N train.

How to Be Ready When Housing Connect Opens Applications for 30-17 12th Street

Applications are not open yet. The useful work now is a complete Housing Connect profile, an income check and a folder of documents.

Before applications open for The Waterlyn
  1. 1Make or update a profileat housingconnect.nyc.gov. The FAQ warns that with an incomplete household summary "you will not be able to submit an application."
  2. 2Watch the listinga deadline will show on the page for lottery 7732. On October 17, 2026 it showed none, and the lottery was not among the 16 rentals in the open-lottery search.
  3. 3Find your rowcompare household size and income with the tables above, and again with the advertisement.
  4. 4Apply oncethe FAQ says "Submit ONLY one application per household." HPD's guide says chances are the same "no matter when you submit your application, as long as it is before the deadline".

What it means: HPD's guide says to "Find affordable housing listings on Housing Connect or in newspapers." VoucherMatch does not predict an opening date.

Source: Housing Connect FAQ; HPD, "Applying for Affordable Housing" (June 2020); the listing and open-lottery search.

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 a Housing Connect deadline, in HPD's words
  • After the deadline"all of the applications are put into a random order and assigned a log number."
  • Two to twelve monthsthe wait HPD's guide gives for hearing "about the status of your application".
  • If your number is reached"you will only have a few business days to submit your documents".
  • Before a lease12 months of full rent payments or a credit review, except for applicants "qualifying with rental subsidy".

What it means: the guide also says "you may not be contacted, even if you could have qualified".

Source: HPD, "Applying for Affordable Housing"; Housing Connect FAQ.

Documents to gather in the meantime
  • ID for every adult. the FAQ accepts "drivers’ licenses, non-driver state ID cards, and IDNYC cards"
  • Children under 18. "Birth certificates or other forms of documentation like a school letter"
  • Income, address and assets. "pay stubs, tax returns, proof of address, and asset documentation"
  • Voucher. the shopping letter or voucher, showing the rent it covers

What it means: the request for documents lists the exact papers.

Source: Housing Connect FAQ; the voucher line is VoucherMatch's addition.

Key pointthe listing's rent table gives an asset limit of $67,840 at 40% AMI, $101,760 at 60%, $186,560 at 110% and $220,480 at 130%. The FAQ sets the rental limit at "the maximum income limit for a four (4)-person household" at the apartment's level.
Rendering of a lobby with two white armchairs around a low wooden table, a large red, white and black textile artwork on a patterned wall, globe lights on red straps, open shelving with plants at left and mailboxes in a corridor at right
The lobby, with mailboxes at right, in a rendering from the Housing Connect listing for lottery 7732. Photo: Rendering from the Housing Connect listing (maker not named), lottery listing rendering, via NYC Housing Connect listing for lottery 7732, The Waterlyn (cropped to 16:9 and enlarged 1.07 times).

What Is Known and Not Yet Known About the Lottery

The listing gives rents, incomes, asset limits and amenities. It leaves out the deadline, the paper application address and who pays for utilities.

Not yet known as of October 17, 2026, and whom to ask
  • Not posteda deadline, the advertisement, set-asides and preferences, and a marketing agent.
  • Not statedwho pays for electricity, heat and hot water; the pet policy; apartment sizes; amenity fees; a building website; a move-in date.
  • Not publishedwhich Mandatory Inclusionary Housing option applies, and whether the 421-a exemption was granted.
  • Whom to askthe Housing Connect hotline, 212-863-7990, "from 9am to 5pm on weekdays", or nychousingconnect@hpd.nyc.gov.

What it means: check each line against the advertisement when it appears.

Source: Housing Connect listing, whose advertisement and preference fields were empty on October 17, 2026; Housing Connect FAQ.

If You Need an Apartment Sooner

Applications are not open, and city data shows no certificate of occupancy. A household that has to move soon needs other options.

  • Open in Queens now: Housing Connect's search listed two Queens rental lotteries on October 17, 2026: 83-12 Broadway, due October 28, 2026, and 42-78 65 Place Apartments, due November 2, 2026.
Queens apartments on VoucherMatch that take vouchers, nearest to 30-17 12th Street first

Listed by landlords who say which vouchers they accept. These are separate from the lottery. See all Queens listings

Frequently Asked Questions

Is The Waterlyn at 30-17 12th Street on NYC Housing Connect?

Yes. The Waterlyn is lottery 7732 on NYC Housing Connect, with 33 apartments at $967 to $3,883 a month. As of October 17, 2026, applications were not open. The listing showed no deadline, and it was not in the site's search of open lotteries. No opening date is published.

What is the rent at 30-17 12th Street in Astoria?

Rents run from $967 to $3,883 a month, set by income level. One-bedrooms are $967, $1,574 or $3,883. Two-bedrooms are $1,069, $1,798 or $3,620. There are no studios or three-bedrooms. These are the listing's rents as read October 17, 2026, and the listing does not say which utilities they include.

How much do you have to earn for The Waterlyn?

From $41,795 a year for a $967 one-bedroom to $201,520 for five people in a 110% AMI two-bedroom. Each apartment type has its own minimum and a maximum for each household size. With a voucher or rental subsidy, the Housing Connect FAQ says the minimum does not apply. The rent should still fit the voucher.

Does The Waterlyn take Section 8 or CityFHEPS?

Yes. The Housing Connect FAQ says Section 8 and CityFHEPS vouchers "are all accepted". Here, 28 of the 33 rents are under the 2026 CityFHEPS maximum for their size. The three 110% AMI two-bedrooms are $623 over it. The two 130% AMI one-bedrooms are $1,149 over it.

Is 30-17 12th Street the same as 30-11 12th Street?

Yes, both addresses describe one lot, Queens block 515, lot 19. Housing Connect and the new building permit use 30-17 12th Street and the name The Waterlyn. City Planning, HPD, property records and news reports use 30-11 12th Street. The building stands at 12th Street and 30th Avenue in Astoria.

Are the rents at The Waterlyn below market?

Most are: 31 of the 33. All 40% and 60% AMI rents are $2,026 to $2,851 a month below HUD's fiscal year 2027 fair market rent for ZIP code 11102. The 110% AMI two-bedroom is $300 below it. The 130% AMI one-bedroom, at $3,883, is $283 above HUD's $3,600 figure.

Sources for this article (17)
  1. Housing Connect listing for lottery 7732 (housingconnect.nyc.gov)
  2. Housing Connect FAQ (housingconnect.nyc.gov)
  3. DSS-8r (nyc.gov)
  4. production data (data.cityofnewyork.us)
  5. PLUTO (data.cityofnewyork.us)
  6. C 230126 ZMQ (nyc.gov)
  7. project record (zap.planning.nyc.gov)
  8. Inclusionary Housing (nyc.gov)
  9. 421-a (nyc.gov)
  10. MIH fact sheet (nyc.gov)
  11. applying guide (nyc.gov)
  12. Queens Post (queenspost.com)
  13. Commercial Observer (commercialobserver.com)
  14. New York YIMBY (newyorkyimby.com)
  15. station data (data.ny.gov)
  16. Small Area Fair Market Rents (huduser.gov)
  17. housingconnect.nyc.gov (housingconnect.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

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