A new affordable housing lottery has been launched for Caton Flats, the home of the Caton Market, at 800 Flatbush Avenue in Flatbush.
The lottery for the 14-story building includes 254 studio, one-, two- and three-bedroom apartments and is open for those earning between 40 and 165 percent of the area median income.
Monthly rents start at $567 per month for studio apartments, $717 per month for one-bedroom apartments, $854 per month for two-bedroom apartments and $978 per month for three-bedroom apartments.
The 254 affordable units feature open concept kitchen layouts, quartz countertops, stainless steel appliances and floor to ceiling windows. Additional building amenities include an attended lobby, remote doorman service, an outdoor terrace, interior courtyard, fitness center, outdoor yoga area, resident lounge, a card-operated laundry room, package room, elevator and bike storage.
There will also be an on-site super and resident manager, and attended parking with electric charging stations.
BRP Companies, along with the New York City Economic Development Corporation, the Department of Housing Preservation and Development, the Caribbean-American Chamber of Commerce and Industry and the New York City Housing Development Corporation are behind the buildings development.
BRP Companies Co-founder and Managing Partner Meredith Marshall said the development would deliver much-needed affordable housing to the Flatbush community.
“Caton Flats symbolizes a true partnership and commitment between multiple community groups and local leaders aimed at serving the Flatbush community and we’re looking forward to welcoming prospective residents into their new homes.”
Caton Flats will also become the permanent home for the Flatbush Caton Market, where a variety of Caribbean small business micro-entrepreneurs have been operating year-round since 2000.
The 16,000-square-foot market is inclusive of upgraded amenities for the market’s existing vendors as well as an expanded space for food vendors, a bar, café, and a shared commercial kitchen for business incubators to utizilize. The building also contains supplemental community space that will be owned and operated by the Caribbean American Chamber of Commerce and Industry and over 8,000 square feet of retail.
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