Housing lottery at new development in West Brighton, Brooklyn, offers 150 rent-stabilized units and luxury amenities

Do you dream of living in a brand-new, full-service development but without the sky-high rent? Thanks to a housing lottery for 532 Neptune Ave., located in the up-and-coming West Brighton neighborhood (a historic part of Coney Island), now just might be your chance to nab a rent-stabilized apartment in a thriving neighborhood. 

The premier mixed-use complex, led by Cammeby’s International Group and Rybak Development, with design by ZPROEKT Architecture, has 499 residences, 150 of which have been made available through NYC Housing Connect for renters with an annual household income of $90,275 to $227,500. Read on for the details you need to apply.

Shopping, restaurants, wellness

The three-tower development rises from a two-story retail “podium” designed to serve as a hub that has transportation, shopping, restaurants, and services for the surrounding West Brighton community, with abundant outdoor space and seating areas. 

Living at 532 Neptune Ave. also means having access to a 95,000-square-foot amenity space that rivals the most luxurious condos, checking all the wish-list boxes. 

Prime perks (available for additional fees) at the pet-friendly building include a heated pool with cabanas; fitness center and yoga studio; quarter-mile-long running track; basketball and pickleball courts; golf simulator; music rehearsal room and recording studio; children’s playroom and outdoor playground; lounge club and card rooms; private BBQ grills; community garden; workspace lounge; and relaxation areas such as the Sky Three Park and Zen Garden. 

Free months of rent 

The lottery is for 33 studios with a monthly rent of $2,449, 42 one-bedroom units at $2,535, and 75 two bedrooms that go for $3,495. (Utilities are extra.) 

Successful applicants will receive one month of free rent on a one-year lease or two months free rent on a two-year lease. 

All units feature in-unit washers and dryers and come with access to bike storage lockers, parking garages, additional storage, and an on-site resident manager. 

Living in an up-and-coming neighborhood

West Brighton is a historic part of Coney Island that was the original central area for the amusement park, home to iconic amusement park attractions such as the Cyclone roller coaster and the Wonder Wheel. Today, the diverse, tight-knit Brooklyn community is known for its mix of residential and commercial areas offering a variety of local shops, eateries, parks, and proximity to the beach and boardwalk.   

How to apply 

Applying to the lottery is easy via Housing Connect—no fees or deposits required. 

The listing outlines the overall income requirements, as well as those for each unit size, so you can determine your eligibility. 

You can also submit any questions to 532Neptune@taxsolute.com or by calling 929-484-1533.

So enter now—you just might win your dream apartment at an affordable rent.

Applications are due by October 14th.