Affordable Housing Lottery at East 80s Development: Studios Start at $914

A housing lottery has opened for 33 apartments (studios, one-bedroom, and two-bedroom units) in a brand-new luxury rental building with amenities on the Upper East Side. The lottery is running until February 10, 2025.

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The Delecor at 250 East 83rd Street (on the corner of Second Avenue) is offering mixed-income units to prospective residents earning 40, 60 and 130 percent of the area median income (AMI). Depending on the number of people in your household (between 1 and 5 occupants), this corresponds to an income range of $33,875 to $218,010.

Prices for individual apartments range from $914 per month for studios to $4,020 per month for two-bedroom units.

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Construction at The Delecor, which its website says is “inspired by some of the city’s finest Art Deco designs,” was just recently completed, according to New York YIMBY. The 31-story building features a fitness center, children’s playroom, screening room, outdoor rooftop terrace, indoor swimming pool and more. The luxury residence was developed by the Torkian Group and designed by SLCE Architects, a firm responsible for notable projects like Via 57 West, Brooklyn Point, One57, Gotham West and more.

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Outside the lottery, the development’s cheapest available apartment is a one-bedroom, one-bathroom unit for $8,000 per month, according to The Delecor’s website. A three-bedroom penthouse is available for $25,000 per month.

A portion of the apartments available through the lottery are reserved for those with vision, hearing or mobility impairments, while 20 percent are reserved for current Community Board 8 residents and 5 percent for NYC employees.

Additional building amenities include bike storage lockers, a shared laundry room, storage, smart heating/cooling controls in each apartment and more.

The building is on the same corner as The Duchess, another luxury development that ran an affordable housing lottery earlier this year.

To find out if you qualify or to apply, visit the official lottery page here.

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