{"id":10742,"date":"2025-01-02T10:38:07","date_gmt":"2025-01-02T15:38:07","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/eastnewyork\/?p=10742"},"modified":"2025-01-02T10:51:22","modified_gmt":"2025-01-02T15:51:22","slug":"nyc-lottery-program-offering-new-belle-gardens-coops-for-sale-near-east-new-york-prices-starting-at-209k","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/eastnewyork\/nyc-lottery-program-offering-new-belle-gardens-coops-for-sale-near-east-new-york-prices-starting-at-209k\/","title":{"rendered":"NYC Lottery Program Offering New Belle Gardens CoOps For Sale Near East New York 10% Down"},"content":{"rendered":"<p class=\"p1\"><b>News Distributed by <a href=\"https:\/\/nycnewswire.com\" target=\"_blank\" rel=\"noopener\">NYC Newswire<\/a><\/b><\/p>\n<p class=\"p1\"><b>Belle Gardens<\/b> offers newly constructed one- and two-bedroom co-op apartments designed to make homeownership accessible to eligible buyers. Located in Ocean Hill Brownsville at <b>20 Suydam Place, 37 Rochester Avenue, and 331 &amp; 335 Ralph Avenue, Brooklyn, NY 11233<\/b>, this opportunity is part of the NYC \u00a0Affordable housing program.<\/p>\n<p class=\"p1\">Don\u2019t miss your chance\u2014the deadline to apply is <b>January 8, 2025<\/b>.<\/p>\n<h2 class=\"p3\"><b>Prime Locations with Modern Amenities<\/b><\/h2>\n<p class=\"p1\">Belle Gardens provides residents with thoughtfully designed living spaces and convenient features. Highlights include:<\/p>\n<p class=\"p4\">\u2022Landscaped rear yards for relaxation.<\/p>\n<p class=\"p4\">\u2022A 7th-floor outdoor terrace at 335 Ralph Avenue for additional enjoyment.<\/p>\n<p class=\"p4\">\u2022Smoke-free living environment.<\/p>\n<p class=\"p4\">\u2022Security cameras for enhanced safety.<\/p>\n<p class=\"p4\">\u2022In-unit washers and dryers for convenience.<\/p>\n<p class=\"p4\">\u2022Accessible entrances for ease of use.<\/p>\n<p class=\"p1\">(Amenities vary by unit.)<\/p>\n<h2 class=\"p3\"><b>Eligibility Requirements<\/b><\/h2>\n<p class=\"p1\">To qualify for this affordable housing opportunity, buyers must meet the following criteria:<\/p>\n<p class=\"p4\">\u2022Have <b>10% of the purchase price<\/b> available for a down payment.<\/p>\n<p class=\"p4\">\u2022Use the co-op as their <b>primary residence<\/b>.<\/p>\n<p class=\"p4\">\u2022Be a first-time buyer (those who currently own or have previously owned residential property are ineligible).<\/p>\n<p class=\"p4\">\u2022Cover their own electricity costs.<\/p>\n<div id=\"attachment_10744\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10744\" class=\"size-full wp-image-10744\" src=\"https:\/\/nycnewsnetwork.com\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News.jpg\" alt=\"\" width=\"800\" height=\"585\" srcset=\"https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News.jpg 800w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News-300x219.jpg 300w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News-768x562.jpg 768w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News-440x322.jpg 440w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-for-ENY-News-770x563.jpg 770w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><p id=\"caption-attachment-10744\" class=\"wp-caption-text\">NYC Housing Connect<\/p><\/div>\n<h2 class=\"p3\"><b>Affordable Housing Program Benefits<\/b><\/h2>\n<p class=\"p1\">Belle Gardens is part of the <b>OPEN-DOOR Program<\/b> and benefits from an <b>Article XI Tax Exemption<\/b> through the NYC Department of Housing Preservation &amp; Development. This ensures long-term affordability while fostering community growth and development.<\/p>\n<h2 class=\"p3\"><b>How to Apply<\/b><\/h2>\n<p class=\"p1\">No deposits or application fees are required to apply.<\/p>\n<p class=\"p4\">\u2022<b>Request FAQs:<\/b> Email <a href=\"mailto:bellegardens@housingpartnership.com\" target=\"_blank\" rel=\"noopener\"><b>bellegardens@housingpartnership.com<\/b><\/a> for the FAQ document.<\/p>\n<p class=\"p4\">\u2022<b>Learn More:<\/b> Visit <b>thebellegardens.com<\/b> for detailed information.<\/p>\n<p class=\"p1\">Take the first step toward affordable homeownership and explore all that Belle Gardens has to offer. Apply today and make Brooklyn your home!<\/p>\n<div class=\"nes-body-copy\">\n<h2>Preferences and Set-Asides<\/h2>\n<p>A percentage of units are reserved for:<\/p>\n<ul>\n<li>Mobility and vision\/hearing accessibility<\/li>\n<li>Residents of Brooklyn Community Board 3<\/li>\n<li>NYC employees<\/li>\n<\/ul>\n<h4>Key Notes<\/h4>\n<p>This is an equal housing opportunity. Buyers will find complete offering terms in the Cooperative Information Package provided by the sponsor.<\/p>\n<p>Take advantage of this unique chance to become a homeowner in Brooklyn while enjoying the benefits of affordable housing and modern amenities.<\/p>\n<div id=\"attachment_10745\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10745\" class=\"size-full wp-image-10745\" src=\"https:\/\/nycnewsnetwork.com\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News.jpg\" alt=\"\" width=\"800\" height=\"585\" data-wp-editing=\"1\" srcset=\"https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News.jpg 800w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News-300x219.jpg 300w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News-768x562.jpg 768w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News-440x322.jpg 440w, https:\/\/nycnewsnetwork.com\/eastnewyork\/wp-content\/uploads\/sites\/2\/2025\/01\/Belle-Gardens-CoOps-in-Ocean-Hill-Brownsville-Exterior-2-for-ENY-News-770x563.jpg 770w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><p id=\"caption-attachment-10745\" class=\"wp-caption-text\">NYC Housing Connect<\/p><\/div>\n<\/div>\n<div class=\"nes-body-copy\">\n<h2>Available Condo\/Coops &amp; Requirements<\/h2>\n<h4><strong>1-Bedroom Units<\/strong><\/h4>\n<p><strong>90% AMI Units<\/strong><\/p>\n<ul>\n<li><strong>Units Available<\/strong>: 1<\/li>\n<li><strong>Household Size and Income Ranges<\/strong>:\n<ul>\n<li>1 person: $83,126 &#8211; $97,830<\/li>\n<li>2 people: $83,126 &#8211; $111,870<\/li>\n<li>3 people: $83,126 &#8211; $125,820<\/li>\n<\/ul>\n<\/li>\n<li><strong>Details<\/strong>:\n<ul>\n<li>Asset Limit: $292,357<\/li>\n<li>Monthly Maintenance: $858<\/li>\n<li>Estimated Sales Price: $205,827<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 1<\/li>\n<li><strong>Details<\/strong>:\n<ul>\n<li>Asset Limit: $293,982<\/li>\n<li>Monthly Maintenance: $739<\/li>\n<li>Estimated Sales Price: $222,074<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>110% AMI Units<\/strong><\/p>\n<ul>\n<li><strong>Units Available<\/strong>: 1<\/li>\n<li><strong>Household Size and Income Ranges<\/strong>:\n<ul>\n<li>1 person: $96,594 &#8211; $119,570<\/li>\n<li>2 people: $96,594 &#8211; $136,730<\/li>\n<li>3 people: $96,594 &#8211; $153,780<\/li>\n<\/ul>\n<\/li>\n<li><strong>Details<\/strong>:\n<ul>\n<li>Asset Limit: $304,144<\/li>\n<li>Monthly Maintenance: $675<\/li>\n<li>Estimated Sales Price: $323,694<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 3<\/li>\n<li><strong>Details<\/strong>:\n<ul>\n<li>Asset Limit: $304,351<\/li>\n<li>Monthly Maintenance: $675<\/li>\n<li>Estimated Sales Price: $325,769<\/li>\n<\/ul>\n<\/li>\n<li><strong>Other Available Units<\/strong>:\n<ul>\n<li>Asset Limits: Range from $298,941 to $303,146<\/li>\n<li>Monthly Maintenance: Range from $707 to $746<\/li>\n<li>Estimated Sales Prices: Range from $271,660 to $313,715<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4><strong>2-Bedroom Units<\/strong><\/h4>\n<ul>\n<li><strong>Household Size and Income Ranges<\/strong>:\n<ul>\n<li>2 people: $108,248 &#8211; $136,730<\/li>\n<li>3 people: $108,248 &#8211; $153,780<\/li>\n<li>4 people: $108,248 &#8211; $170,830<\/li>\n<li>5 people: $108,248 &#8211; $184,470<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 1\n<ul>\n<li>Asset Limit: $307,987<\/li>\n<li>Monthly Maintenance: $992<\/li>\n<li>Estimated Sales Price: $362,129<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 5\n<ul>\n<li>Asset Limit: $306,853<\/li>\n<li>Monthly Maintenance: $1,080<\/li>\n<li>Estimated Sales Price: $350,782<\/li>\n<\/ul>\n<\/li>\n<li><strong>Other Available Units<\/strong>:\n<ul>\n<li>Asset Limits: Range from $306,619 to $309,474<\/li>\n<li>Monthly Maintenance: Range from $898 to $1,080<\/li>\n<li>Estimated Sales Prices: Range from $348,440 to $376,991<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4><strong>130% AMI Units<\/strong><\/h4>\n<p><strong>1-Bedroom Units<\/strong><\/p>\n<ul>\n<li><strong>Units Available<\/strong>: 1<\/li>\n<li><strong>Household Size and Income Ranges<\/strong>:\n<ul>\n<li>1 person: $113,852 &#8211; $141,310<\/li>\n<li>2 people: $113,852 &#8211; $161,590<\/li>\n<li>3 people: $113,852 &#8211; $181,740<\/li>\n<\/ul>\n<\/li>\n<li><strong>Details<\/strong>:\n<ul>\n<li>Asset Limit: $308,705<\/li>\n<li>Monthly Maintenance: $674<\/li>\n<li>Estimated Sales Price: $369,303<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 3\n<ul>\n<li>Asset Limit: $308,868<\/li>\n<li>Monthly Maintenance: $675<\/li>\n<li>Estimated Sales Price: $370,936<\/li>\n<\/ul>\n<\/li>\n<li><strong>Other Available Units<\/strong>:\n<ul>\n<li>Asset Limits: Range from $306,767 to $310,044<\/li>\n<li>Monthly Maintenance: Range from $746 to $801<\/li>\n<li>Estimated Sales Prices: Range from $349,921 to $380,695<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>2-Bedroom Units<\/strong><\/p>\n<ul>\n<li><strong>Household Size and Income Ranges<\/strong>:\n<ul>\n<li>2 people: $134,837 &#8211; $161,590<\/li>\n<li>3 people: $134,837 &#8211; $181,740<\/li>\n<li>4 people: $134,837 &#8211; $201,890<\/li>\n<li>5 people: $134,837 &#8211; $218,010<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 3\n<ul>\n<li>Asset Limit: $316,118<\/li>\n<li>Monthly Maintenance: $992<\/li>\n<li>Estimated Sales Price: $443,430<\/li>\n<\/ul>\n<\/li>\n<li><strong>Units Available<\/strong>: 2\n<ul>\n<li>Asset Limit: $313,407<\/li>\n<li>Monthly Maintenance: $992<\/li>\n<li>Estimated Sales Price: $416,329<\/li>\n<\/ul>\n<\/li>\n<li><strong>Other Available Units<\/strong>:\n<ul>\n<li>Asset Limits: Range from $314,741 to $316,378<\/li>\n<li>Monthly Maintenance: Range from $898 to $965<\/li>\n<li>Estimated Sales Prices: Range from $429,664 to $446,031<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><a href=\"https:\/\/housingconnect.nyc.gov\/PublicWeb\/details\/5201\">APPLY HERE!<\/a><\/h2>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>News Distributed by NYC Newswire Belle Gardens offers newly constructed one- and two-bedroom co-op apartments designed to make homeownership accessible to eligible buyers. Located in Ocean Hill Brownsville at 20 Suydam Place, 37 Rochester Avenue, and 331 &amp; 335 Ralph Avenue, Brooklyn, NY 11233, this opportunity is part of the NYC \u00a0Affordable housing program. Don\u2019t [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[88,78,81,275,84,75,86,281],"tags":[484,482,483,108],"class_list":["post-10742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-development","category-eny-news","category-eny-housing","category-homescondos-for-sale","category-living-in-eny","category-real-estate","category-residential","tag-bellegardens","tag-honesforsale","tag-oceanhillbrownsville","tag-eastnewyork"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NYC Lottery Program Offering New Belle Gardens CoOps For Sale Near East New York 10% Down - East New York News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/eastnewyork\/nyc-lottery-program-offering-new-belle-gardens-coops-for-sale-near-east-new-york-prices-starting-at-209k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NYC Lottery Program Offering New Belle Gardens CoOps For Sale Near East New York 10% Down\" \/>\n<meta property=\"og:description\" content=\"News Distributed by NYC Newswire Belle Gardens offers newly constructed one- and two-bedroom co-op apartments designed to make homeownership accessible to eligible buyers. Located in Ocean Hill Brownsville at 20 Suydam Place, 37 Rochester Avenue, and 331 &amp; 335 Ralph Avenue, Brooklyn, NY 11233, this opportunity is part of the NYC \u00a0Affordable housing program. 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