NYC housing lottery: Buy an apartment for as low as $15K

QUEENS, N.Y. (PIX11) — New York City Housing Connect has opened a lottery that offers apartments for sale as low as $14,818.

The units are available at the Mitchell-Lama Arvene Limited Profit Housing Corp. at 3-53 Beach 57th Street in Queens.

Applicants must be New York State residents, and only one request may be submitted per applicant.

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There will be a limit of 300 applicants drawn for the one-bedroom lottery, 300 drawn for the two-bedroom lottery, and 200 drawn for the three-bedroom lottery.

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The lottery closes on March 16…

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