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Deals & development · 11/07/2026, 5:00 AM

Crown Heights lottery opens 16 affordable units from $975 a month

A housing lottery is open for 16 rent-stabilized units at 1058 Pacific St (aka 1060 Pacific St), a new 10-story building in Crown Heights. The units come from the Inclusionary Housing Program, with an expected 485-x tax exemption from HPD. Studios, one- and two-bedrooms are offered. Tenants pay electricity, which covers heat and hot water.

SReported by Secret NYCRead the original ↗

Photo: Secret NYC

What happened

Secret NYC reported on 11/07/2026 that a housing lottery is open on NYC Housing Connect for 1060 Pacific Apartments in Crown Heights, Brooklyn. The building is at 1058 Pacific St, also known as 1060 Pacific St, Brooklyn, NY 11238, in Brooklyn Community Board 8. It is a newly built 10-story residential building.

The lottery covers 16 rent-stabilized affordable units, from studios to one- and two-bedroom apartments. According to the article, they were built through the Inclusionary Housing Program, and the building expects a tax exemption under HPD's 485-x Tax Incentive Program. Rents start at $975 a month. The units are spread across 40%, 60% and 80% of Area Median Income (AMI) tiers, for households of 1 to 5 people earning $39,875 to $146,560 a year.

Applications must be submitted online or postmarked by 11/18/2026. There is no application fee or broker deposit. Each household may submit only one application. Sending more than one online entry, or sending both an online and a paper application, leads to automatic disqualification. To get a paper application, send a self-addressed, stamped envelope to 1060 Pacific Avenue Apartments, C/O Taxace NY LLC, 139 Tompkins Avenue, Brooklyn, NY 11206.

The article says the rent covers gas for cooking. Tenants pay for electricity, which includes heat, hot water and the electric stove. The building is smoke-free and allows one pet per household up to 30 lbs, with no pet deposit. Other fees and restrictions apply.

Key facts

Address
1058 Pacific St (aka 1060 Pacific St), Brooklyn, NY 11238, Community Board 8
Units
16 rent-stabilized affordable units: studios, one- and two-bedrooms
Rents
Starting at $975 a month
Income limits
$39,875 to $146,560 a year, households of 1 to 5, at 40%, 60% and 80% AMI
Program
Inclusionary Housing Program, with an anticipated HPD 485-x tax exemption
Deadline
Online or postmarked by 11/18/2026
Cost to apply
No application fee or broker deposit
Utilities
Cooking gas included; tenant pays electricity, including heat and hot water

What it means

Tenants and voucher holders

Households of 1 to 5 people earning $39,875 to $146,560 can apply once, online or by mail, by 11/18/2026. Heat and hot water run on electricity that the tenant pays, so budget for that bill on top of rent.

Caseworkers

Clients should file only one application, because a duplicate online entry or an online-plus-paper filing means automatic disqualification. A client who wants a paper form needs to mail a self-addressed, stamped envelope early so the form can be returned in time.

Landlords

This is another new Brooklyn building whose affordable units are rent-stabilized and tied to the 485-x incentive. Here the tenant, not the owner, pays for heat and hot water through electricity.

The highlights

  1. Apply on NYC Housing Connect by 11/18/2026; mailed forms must be postmarked by then.
  2. Households of 1 to 5 earning $39,875 to $146,560 qualify at 40%, 60% and 80% AMI.
  3. Sending more than one application to this lottery means automatic disqualification.

Why it matters Caseworkers

Rent-stabilized units open to lower-income households, but budgets must cover electric heat and hot water on top of rent.

What to do: Submit one application on NYC Housing Connect by 11/18/2026.

Not known yet

  • The full rent and income breakdown by unit size and AMI tier, and how many units are in each tier
  • Whether the lottery gives preference to Community Board 8 residents or other groups
  • Whether vouchers are accepted and how voucher holders' income is counted
  • Expected move-in date, and why the article lists both cooking gas and an electric stove

Background

NYC Housing Connect lotteries usually rank applicants in random order after the deadline. The developer or marketing agent then reviews applications in that order and checks household size, income and other eligibility documents. Many lotteries set aside a share of units for certain groups, such as residents of the local community board, people with disabilities, or city employees. Applying is free, and applicants who are not reached may never be contacted.

Buildings in this story

Summary written by Bulwark from Secret NYC’s reporting. The original story is at secretnyc.co. This is general information, not legal advice.

Brooklyn, NY

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Photo: Andre Carrotflower, CC BY-SA 4.0
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