Housing Lotteries Open for Three- and Four-Bedroom Co-ops: Purchase Prices in the $60 – 77,000 Range

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Two separate housing lotteries are currently open for apartments at 711 Amsterdam Avenue, a Mitchell-Lama co-op located between 94th and 95th streets. Both lotteries are accepting applications through November 10.

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The Mitchell-Lama program, established in 1955 through legislation sponsored by State Senator MacNeil Mitchell and Assemblyman Alfred Lama, was designed to provide affordable rental and cooperative housing for moderate- and middle-income New Yorkers. The program is jointly administered under both city and state supervision, depending on the development.

At 711 Amsterdam Avenue, one lottery is for a three-bedroom apartment, while the other is for a four-bedroom apartment—both available for purchase.

Three-Bedroom Details (apply here)

  • Eligible household size: 4–6 people (single parents with two children also qualify)
  • Income limits: $26,840 to $235,000, depending on household size
  • Purchase price: $61,215 to $66,316 (subject to change)
  • Monthly maintenance: $671 to $1,220 (subject to change)

Four-Bedroom Details (apply here)

  • Eligible household size: 5–8 people
  • Income limits: $49,040 to $267,375, depending on household size
  • Purchase price: $76,517 (subject to change)
  • Monthly maintenance: $1,226 to $1,738 (subject to change)

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Additional Notes

  • Applicants must be New York State residents and at least 18 years old.
  • Current shareholders are not eligible.
  • Applications are not transferable, and only one entry per applicant is allowed (either online or by mail, not both).
  • Veterans will receive preference in the lottery.
  • A non-refundable $75 application fee applies to applicants selected in the lottery.
  • A waiting list of 100 applicants will be established for both the three- and four-bedroom units.

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