250 Affordable Apartments Available At Flatbush Caton Market Site

BROOKLYN, NY — More than 250 apartments have hit the affordable housing lottery in Brooklyn, some for those making as little as $22,000 per year, records show.

The 254 apartments are found in a new development known as Caton Flats, which was built at the former Flatbush Caton Market property on the Flatbush and Prospect Lefferts Gardens border.

It includes studio, one-bedroom, two-bedroom and three-bedroom spots for those making between 40 and 165 percent of the area median income, or between a $21,635 and $244,200.

At the lowest salary range, there are seven studio units that will cost $567 per month, 10 one-bedrooms at $717 per month, six two-bedrooms at $854 per month and four three-bedroom spots for $978 per month, records show.

The largest batch of apartments — 127 of the 254 units — are at the 165 percent income range. In other words, applicants need to make at least $70,046 per year to apply for the studios.

The Caton Flats development, which has been under construction for two years, is set to include a new space for Flatbush Caton Markets, an office for The Caribbean American Chamber of Commerce and Industry and 10,000 square feet of retail space, according to officials.

The Flatbush Caton Markets, founded in 2000 by the first Caribbean-born woman elected to the city’s legislature, has been running from a secondary location on Clarendon Road since construction on the new development began. The market hosts more than 40 merchants.

The Caton Flats development includes an outdoor terrace, courtyard fitness center, outdoor yoga area, resident lounge, bike storage, onsite attended parking and other amenities.

To find out more about the building or how to apply click here.