This $300 NYC Apartment Will Change Your Life…
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- เผยแพร่เมื่อ 18 ธ.ค. 2021
- This is not a drill! An entire building of gorgeous luxury apartments is almost finished, and several of the units are being rented out for crazy low prices. This apartment is 100% brand-new, never before lived in with crazy views of Manhattan New York City! This could be your ticket to the New York City future you’ve always dreamed of, however there’s no possible way this deal will last forever. The best part is, this is a rent stabilized New York Apartment and the Landlord Can’t just jack up the rent while you live here.
Rent This Apartment @ gothampointlottery.com/
See the other apartment mentioned in the video:
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I believe these are the only apartments in NYC I have seen so far, that I would both want to live in and be able to afford 🙂
Seen a few but never afford
id love to pay 300$ in that appartment that would normally cost 6000-7000$ 🤯 thatd be a dream come true lol
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K
Yes
Sure but chances are you will no qualify, the max incomes are very low for these. New building do require a portion of their units to be rented for rent stabilization, that's great but some developers went as far as putting in separate lobbies/entrances for rent stabilized tenants, I wouldn't care as my mortgage is Brooklyn is $3600 for my apartment and would love to have a place for $1200 per month for rent but point being is that separate entrance, really?
These rent stabilized apartments are great for those hard working people who keep Manhattan running at all times of the day, hopefully more of these are being built!
💯!
They need some of these buildings in Boston. Maybe the new mayor will do something about it.
Well said
Your hard-earned tax money at work. Got to love it. Privatize the gains socialize the losses.
@@marywood8794 We need these everywhere.
I had missed the deadline but a friend of mine was recently selected for this apartment. She said the building is very nice (not so much the area )but she loves the space for her family. I'm very happy for her
What's wrong with the area? Could you go into detail?
What was wrong with the area??...
@@majormediaproductionsToo many blacks being black.
As someone who won an apartment lottery ,all the amenities were available to all tenants , from the concierge , to the on site private school . Amenities weren’t a big selling point in the 90’s . The private school daycare space would be a gym , sauna , gameroom etc. if it was built this year .
well your a lucky ducky!
Some of the amenities cost extra in this development. They're not included in the rent you pay. It's on the leasing/lottery page for the building that Cash linked to above.
@@infamyinfamy thank you for pointing that out. I must admit I don't like that. In my case the "winners" didn't go around touting it . The developers said " it's human nature for some haves to be grudge the have nots or have less" . I always thought that sucked. Hopefully the winners can afford all the things that make this space special.
How can I get in the apartment Lottery son.
@@beeblack2210 yes how does it work, Just curious..🤷🏻♀️
We need more apartment buildings like this over the US! They work so well in other countries its about damn time we get on board with it
🇨🇦 too!
No one should be living in cockroach/ bedbug infested apartments rented out by government housing/ That’s Right!
Winnipeg Manitoba
Kennedy St!!!
For real!!!! Would you believe a studio is $1,800-2,000 per month nothing included
@@maryvidal2605, that is ridiculous. Even $900 for a studio here in Ocala, Florida is out of my hard working price range. I can only afford an $800 a month place.
@@springbrown9769 Sounds like you haven't made very good decisions.
well it sucks for LITERALLY everyone who did not win the lottery to get in
As a Canadian looking at the NY minimum wage and the NY rents, I've never been able to understand how people with the lowest incomes can afford to live indoors! This is the first time I've seen something that I would expect they could afford.
The rent is definitely insane in NY!
When we lived in NY we just added roommates. 🙃
Lived here my whole life… I’m 19 now looking for an apartment, been looking forever it’s the hardest thing and I make about $5 above minimum wage which is $15… it’s nearly impossible..also did I mention I have no pets and no kids
@@smakthatsmileback-jg2dn huh minimum wage in NYC is 15$ you don't make 5$ more than min wage. Maybe you make more than new york state min wage, but NYC is def 15$
If I would live in NYC I would just insulate a van with a heated bed solar and a microwave.
Seeing this from the Bay Area perspective it’s crazy how affordable it is and how it can help people not become homeless. We need more of this here instead of suburban houses. Affordable and great way for people to start their life.
What he is not addressing while stating several times, it's a good way to get started here is that NYC residents get preference for these and all affordable housing. The amount of people applying will be in the thousands if not hundreds of thousands, so it's extremely doubtful anyone outside of NY will be considered since there is such an affordable housing shortage.
And tbh that’s okay. These should go to NY residents first who have been struggling with the high right prices.
It’s a lottery so I’m thinking it’s randomly selected
@@AlizabethIbanez yeah it’s literally a lottery. Anyone relying on this hard is a bit of a cope. Like sure it’s cool but it’ll only effect a handful of people which is better than nothing but not a majority
As far as I understand it (from reading the NYT), developers often include, or have to include, a few rent stabilized apartments in their swanky high-rise buildings in order to get their building permits. In some of these buildings, the posh amenities (gym, roof deck, etc.) are reserved for the full-paying renters and some buildings, if I recall correctly, even have separate entries for the rent-stabilized people. So....it might not be such a paradise after all. And I'm sure there will be thousands, if not tens of thousands, of applications for the few apartments available at these prices.
You are incorrect. That is against fair housing to deny use of amenities to low income or stabilized renters. That's a law suit waiting to happen.
@@denisehall4226 @expat annie is not totally wrong. DeBlasio banned the inclusion of poor doors back in 2015 but before that it was cool with Bloomberg. Separate entrances (aka poor doors) to the rent stabilized apartments and no allowed usage of the amenities (even if they were willing to pay extra) was a thing developers of these high end buildings included in their plans. I remember a situation on the UWS being on the news back then.
doomed hahaha, i guess working hard and smart to be the real Elit is the way to look up to😅
@@denisehall4226 You're probably right. I just recall reading something about this at some point: maybe a developer was planning to do this or there was in fact a law suit. At any rate, the apartment is great -- too bad NYC doesn't have a lot more of them for normal folks.
Read the website. Not all apts. have nice views. All the extra amenities cost more. No fees were listed.
Tuned in ☕️
Nothing beats a BRAND NEW apartment in NYC except when it’s also rent stabilized…it’s a win win 🥰
I can take a bit of teezing. But try to see things from a female perspective, you have a wife and daughter. Because they are female they will be told such nonsense for the rest of their lives. This isn't working for many women who expirence sexual abuse every day. I was trying to help you see how we feel. Thank you for all your hard work.
@@kathysemrau2301 Ummmm 🧐
Could it be you replied to the wrong comment ?
@@kathysemrau2301 Huh???
How does the high income earner who works in NYC but can’t afford to live there themselves but their taxes pays for someone else to live there win?
@@Nick-hj8bg High income earners in NYC made adjustments long ago even if it meant relocating & commuting to the city. High income earners don’t expect to pay $500 rent unless they invested in property years ago when the market was lower. Each lottery holds its own income criteria. Just know many of these properties aren’t 100% occupied bc even tho its affordable high income earners won’t apply. Many highfalutin residents expect grandeur even when residing with a percentage of low income neighbors. One dwelling on the west side of NYC once challenged the board to dismiss “others” from utilizing various building amenities. Talk about snob nosed 🙄 Whereby builders set aside discounted apartments to ADA, zoned residents, various unions, corporations then what’s left is offered thru lottery. This practice affords builders tax abatement of at least 10 or more years. 20 year abatements were once offered about 25 yrs ago. I have no clue what’s the current rate. Basically YOU have a better chance finding a four leaf clover in Strawberry Fields in the 110 acres of Central Park than winning that lottery. So yeah high earners managing any/all the above to secure one of these brand new affordable apartments in NYC mos def know it’s a win win. Also in most cases tenant pays Con Ed electric but National Grid gas is included in monthly rent. Good luck 🍀
Out of the 260ish apartments at Gotham Point there are a total of 5 apartments available at the lowest prices. One studio at $398, two - one bedrooms at $503 and two - two bedrooms at $598 are available.
With a population just under 8.5 million that should cover it.
Where is that location?
@@Kangaruworld1 Address: 1-15 57th Ave, Queens, NY 11101
How do you apply for one of those apartments
I thought it was a misprint when I saw $300 for a NYC apartment. Great to see affordable housing, hopefully more to come
They have 1 apartment that rents for $397/month! The rest rent for more $/month than the 1 shown!
@@Lissa11638 what’s their website or name?🫶🏻
So glad to see some housing that will actually benefit working class people. The neighborhood seems interesting. The video is wonderful and creative. Sending you and your family a Christmas 🍪! Or three!
You don't know how new York works! The rent stabilized apts go to the owner's friends
@@waynegray7130 Merry Christmas, Grinch. You think the lottery is rigged?
@@653j521 Sadly, K Kr it is. As is mostly every single thing in NY. ((
@@waynegray7130 You know it Wayne!! It's not what you know, it's who you are related to...lmao!!!
This is one of the most expensive neighborhoods to live in NYC
I use to work in Astoria which is its next door neighborhood. Sooo this is amazing for rent
Cash, good on you producing content for low to middle income. Thank you so much for your dedication!
Except it is not really. The vast majority of this building will be market rate. There will be a lottery for the small percent of apartments designated for lower incomes and I guarantee those apartments will not have the best views or include all of the buildings amenities.
@@MR-hu3ht and there will likely be a "poor door". I totally get it but we have to admire Cash's willingness to highlight their availability. Thanks again, Cash.
@@MR-hu3ht I agree with everything your saying except for the amenities. If you live there they can’t single you out because that would be discrimination.
@@elizabethwade9615 You can disagree but you are wrong. Go read the website, it states quite clearly that certain amenities are not included in the lottery apartments. I suppose you can offer to pay more if you want. Other buildings have done this. They issue different codes and key fobs for those paying full price versus the lower income people.
@@MR-hu3ht I believe what you are saying I have just never heard of such a thing. I am sure if someone took them to court they could win on a discrimination ruling. I have lived in low income and sec 8 housing and never been singled out because I pay less. You have certainly enlightened me and now I would never consider moving to any of those new lottery buildings. It's bad enough to swipe the SNAP card and have people sayin' crap but my home is my refuge.
Chicago has a program where you can live in a lower-rent unit in a fancy newer build if you make a low enough income, but it is atrocious. The "cheaper" units are still incredibly expensive, (Nearly $1,000 for a 200 sq. foot closet of an apartment) it is difficult to file for, and many people don't know about it either.
Please do more videos like these! I didn’t even know rent stabilized apartments were still a thing.
That’s nice
It would be worth entering the lottery for one of these apartments. All new, decent sized rooms and closets, a tolerable walk to the subway and no doubt laundry in the building.
Everyone have like a 1% chance of winning it.
@@saulgoodman2018 That's better than for the other lotteries people enter. In this case, what do you have to lose? Cynics will never enter so will never win.
What a fantastic opportunity! Those will be incredible apartments! Lovely building and the views are amazing! I think the layout of the apartments is great too with all that storage, and the huge bathrooms. Wow Fabulous video as always Cash!
Watching his video is like being there in real life like the games i play as a kid but not a chance I can go anytime soon
Could you imagine this apartment at night with the right lighting an ambiance.. it would be absolutely spectacular.. this is probably one of the best apartments and best apartment tour I have seen..
I'm actually blown away how cheap the rent can be for such a nice building.
Always say low income or rent stabilized and when you apply you never get call and next thing they are renting the apartment from $1,500 and higher.🤔🤪😉😕😟🙁☹️😣
If they could make more rent stabilized apartments, it could solve a lot of the homelessness
🤗
So true!
Cities by and large are not interested in solving homelessness and there will never a concerted effort to get more low waged people housed in decent accommodation.
Income level is below poverty line when monthly rent is only $300.
That won't solve most homelessness. Most homeless people have mental issue and need proper care in insane asylums. In apartments they will hurt and kill people.
At $300 a month, I wouldn't be moving anywhere else!
Thanks for the tour! Happy New Year! 🎊🎉
Now I would try that out... loved them...Thanks for showing!
Gotta love the 7 minute walk that wasn't because Cash got lost. Lol. Those apartments do look nice. Have to wonder how long before move in. The rents sound great but the LOTTERIES? If you're not from NYC you don't have any idea how hard it is to get an apartment through the lottery system. So many applicants & the criteria is not easy to pass. I'm sure if you go onto the website it will tell you exactly how many apartments are available based on income
My daughter's been trying for a year to get into a LIC apartment. Since we're already in Queens she's not in a super rush, but she really wants her own place.
@@panamasrose it's really next 2 impossible & the rents there are thru the roof.
@@MamaCarola1 But not impossible, so keep trying.
I have been trying( and waiting) to hear back from these lotteries places and I fear you are right about if you're not already in NYC its damn near impossible to get into a place. I live a few states away from NY and I applied over 6 months ago and still havent heard anything.
edit: I applied whenever the lottery opened and I did not realize the building was still in construction!
I applied last month...fingers crossed!!!!
Where do I apply for this??
Wish we had rent stabilize in California
Good job on affordable housing. I hope more States implement rent stabilization like this. Homelessness is unbelievable high in Nashville.
Rent stabilization will only decrease the supply of apartments. Who wants to spend millions only to lose money on their investments?
@@LawDawg717 my concern is not real estate developers pocket books or investment portfolio. My concern is affordable housing homelessness and gentrification. See I would rather buy than rent, it’s a waste to rent, but you got to be smart to play the game.
@@OliveVlog If you're so concerned, then spend millions of your own money on building apartments to lose money on.
New York homeless shelters give them 1 way tickets here. I work with the homeless in Asheville and have heard that same free one way ticket story hundreds of times over the years.
@@LawDawg717 that's what's going on in Atlanta. If you price out apartments higher than what people are or can afford, what you think going to happen.
Amazing how you try to talk smart, but yet don't understand the bigger picture
I really appreciate your videos. I don’t even live in New York, but I still love your channel. Also, thanks for going into depth when you show the locations.
I am a very long time resident of Astoria New York City. I am an old-timer and have seen a lot. Gentrification is a great idea finally after all these decades. The whole strip along the East River Waterfront Vernon Boulevard starting from 30th Avenue all the way down to Borden Avenue that was all a blighted area when I was growing up in the 60s and 70s. It is nice to see that whole area along that Waterfront with all these new high-rise buildings. That particular area that you were in with this video all the way down by the 7 train that area was a garbage dump we used to go down there to look for cars that was stolen to take parts off to fix our cars back in the 70s. We never have to buy parts for all cars because there was so many stolen cars in that area all along that Waterfront. Considering that was a stone's throw to Manhattan by the 7 train One Stop not too many people wanted to live in that area. Anyway keep up the good work I like looking at all your videos. Very few real estate agents take the time and trouble to do what you're doing keep it up and thank you
That housing will go very fast Cash. Thanks for showing some housing that is affordable. Love the way your channel is growing. Thanks for all your hard work. Merry Christmas!
Its a lottery, Its technically not "low income housing. You have to "win"first/ be picked against hundreds of thousands of other NYC applicants, THEN you have to go through a whole process just to accept you. They are specifically called "lottery" apartments for a reason.
This apartment is a DREAM 😍😍 Thank you for showing us!
Rent Stabilized isn't the same as Rent Control landlords get a tax break from the city for RS apartments. There are different types of RS some of which only last for a certain period of time then the apartment goes to market rate. Read the small print or give a copy of the lease to a lawyer to find out what type of RS the apartment has for your own protection. These videos leave a lot of information out so the old adage 'Buyer Beware' is always applicable when renting apts in NYC!
Yup! It is best to review the contract, the apartment and the area with the real-estate lawyer to ensure that the apartment management do not take advantage of you.
I went to Gotham Point and it’s amazing, hope anyone and including myself can get that rent stabilized apartment.
Awesome apartments!!! Gotta see if my daughter knows about this one. She's been entering lotteries for apartments in LIC. Thanks for another great video!!!
Those places look great. Thanks for sharing
Thank you for Sharing so much!
What an amazing tour, thanks Cash. I loved that building, I'd certainly live there. I really love these videos. 🙂
This one is gonna go quick once it hits the market! Rent stabilized and a good view from the windows and decent space.
Nice apartment that's actually reasonably priced.
They both will!
They do lotteries for these apartments. They never hit the market. Tens of thousands of people apply for each apartment
@@peterwelby oh interesting. Not from NY didn't know that.
@@sundinfamforlife4129 you really thought they would put a place like this up for 300? Lol
Badass apartments. They should definitely have more of these available for people. It’s ridiculous the prices that they get away with charging
They get away with charging what they charge because people pay it. If people didn't pay it, prices would lower.
This is beautiful. More cities need stablized apartment living like this for everyone.
I really hope the people who end up in these apartments really appreciate the living space and take care of it for the people after them.
Wowww, finally super beautiful and affordable living😍 Love your channel!
wish there was something like this in London but, no chance.
The London boroughs are too busy selling off every last scrap of land they own to big developer, and then spend billions on buying homes at market prices and for temporary accommodation. I follow a blogger who writes about the goings on in Greenwich and Lewisham boroughs and it makes me angry how little commitment there is to poor, working people.
Couldn't agree more
I happen to live in Lewisham and its getting bad..
@@FakeTaxi_ I grew up in Eltham. I live in the US now and for all America's shortcomings, things seem a little easier here.
The government have managed to try and skew its figures on house building. Social housing in the UK was one of the great advances. They screwed that up, by introducing 'right to buy' and then not reinvesting the money. Its all about profit and lining the pockets of the rich. I have a council flat, and I know how very very lucky I am.
Great channel Cash! Great sense of humor as well. Keep it up.
80/20 apartment lotteries are extremely hard to get into! They probably receive thousands of applicants that meet the guidelines and then the “winners” are selected by lottery. The number of available units is limited to 20% of all units in the building and that list fills up fast. Their waiting lists are many years long!
Thank you for posting this with the lottery link! It's hard for me to keep track of all of them and get an application in on time, so this is super helpful. Hopefully you do more of these.
I love this. I applied over a week ago. If I decide to move back to NYC...Will be difficult to get especvially first preference is to NYC residents. The next tower to be built will have a senior wing as well. Not there yet but good to know. Will have to be fortunate to get in and be approved. Merry Christmas to you and your family!
Wow 🤩 dang I would love to move back to my home town and live in one of these. This is beautiful
I love these and the view!! I’m a New Yorker living in Texas want to move back yesterday!!! Thank you
Yes to all of it. Amazing apartments, prices & location. I'd be happy living there.
Ideal location, easy commute, great neighborhood shops, and insanely low stabilized rent.
Love you and your channel, you're funny and very informative. Keep em (videos n humor) comin👍🏽
These are gorgeous. I hope whomever gets to live here really understands how blessed they are. I so wish I could do this. Thanks for showing.
WOW...can't beat rent stabilized apartments...and new ones at that!!
but is it in a flood plane?
Wow--NYC needs more of these!Thanks for making us aware,&for considering all groups of people,Cash...
I'm addicted to your tours of NYC apartments bro! Dying to visit.
I applied to the lottery for this building. Fingers crossed 🤞 I am running out of rental options. Hope it works out! That would be such a blessing 🙌 🙏
How about not living in one of the most expensive cities in the world? Is that not an option?
Amazing rent stabilized option. We need more of these.
Nice to see CJ taking us along in exploring affordable stabilized rentals. It’s so needed especially in NY!
I love this place, thanks for sharing the info, I would love to move back home. Gotta get started.💜💜
Best kitchen I have seen in a while in your videos!
Awesome building! Beautiful views, and everything looks great!
I think these are the most beautiful apartments you've ever shown ! With a view like that! WOW!!!❤❤❤
Great content😎
TH-cam just sent me this. This video is a great example of how you combine speaking to the camera with recording the environments such that I can really "see" what's going on. Thank you!
They will have so many entries for those apartments, good luck folks. Very nice 😊
YEP, I JUST DID, THANK YOU
These apartments are great and affordable too, NYC needs more.
happy holidays Cash !! your vids are Amazing --
I will never go back to NYC, but this guy is so entertaining I can't help but watch.
Good morning Cash. Thank you for all your hard work this year showing us all these awesome apartments. 😀😀
That's his job
Cash looking like the Chief Architect 😅😅😅🙆🏾♂️
Love the jaunty angle of his hardhat 😄
Love your passion/enthusiasm! 💕
This rent stabilized thing is fantastic. I live in Utah and maybe it's time we implement that here as real estate has shot through the roof over the last few years. I'm thankfully older and established but I have serious worries about how my kids will ever get their own place.
That building’s seriously amazing and it’s Rent Stabilized? Holy Moly Batman!! 💥💥💥
Coffee time with Cash is always fun.
I like this location and views, as well as the units, more than any other you have reviewed. It looks like a luxury spot.
I think this is the first place I would actually move my daughter and me too in NY! Love it and could actually afford it!!! 😍
What a great place to get started in NY! Really nice place with everything you need! New, nice big rooms and beautiful views!!!! 300.00 studio! Too good to be true for the right person!
I applied for this place a while ago….I really hope I get it😩🤞🏽
My mom and I applied too . I pray we get it 🥰💪🏾💯
🙏🙏🙏
I love the people realizing and then running away from you filming :-) so sweet
Absolutely LOVE this! I WANT ONE!
$300, $500 a month? Whoa, finally something cheaper than what's in the Midwest! And they're really nice. Subsidized apartments around here are horrible.
But you probably have to make next to nothing in income to qualify.
@@kimberlyfoust2815 you are correct...if you're working class/middle class you don't qualify...nyc is for the very rich or very poor...
@@kimberlyfoust2815 people always forget the consequences
If you work in midtown on the east side, there’s an east river ferry terminal nearby so you can use that instead of the subway.
LIC is my absolute favorite. Thanks for sharing 🗽
Love your videos.
"This is gonna be the best meat you've ever had in your mouth
Forget I said that" 😂😂😂
Nice studio, and it had two closets I'm. That's almost unheard of. It's beautiful and very spacious, and for $300
rent-stabilized you're practically living there for free, but you're not 😊
That line cracked me up! 🤣🤣
These are amazing apartment with great sunlight lovely views and fairly cheap
PS: ok that 300 dollars one is actually very cheap and reasonable
Thank you so much I just applied. You are a godsend 💌🙏🏾
Love your energy. U are the best
Those views! That price! All in a fantastic place! Incredible.
Whoever wins the lotto for one of these apt are going to be lucky asf
for one lease period. eventually you can and will be pushed out of a place like this, rent control is not the solution.
This is my favorite video I've seen by you yet! Cuz you were for real in this. I mean maybe you're for real in other videos too I don't know but you were definitely keeping it real here. I live out west in the mountains and like the homesteading life. I would never want to live in New York City but for some reason I like watching you talk about New York City
ANOTHER QUALITY PIECE THANKS DUDE
Ahhh NYC lotteries....here's a story of how they work: Back in the mid 90's, there was a lottery to get your child into a prestigious school which would be free all the way through the end of high school. My aunt had 4 kids, and a husband who is probably floating in the Hudson River, but I digress. She entered the lottery for her fourth child, and only daughter. Her lottery number was 65. Behind the scenes, my dad was calling every connection he had to help her "win". At the lottery, they were calling all high numbers 300+ and over. Aunt Marie called my mom and said "I will never get called". My mom said just sit there! Lo and Behold the last winning number was 65!!! Oh what a surprise!! This is a true story!!
Cash I love this building, and the area...I would live there now!!! I was sold before the tour though. The corner neighborhood bar (O'leary's I think) and the bong store had me sold!!
Love the video, huggsssss!!!
WoW!!! Brand new & rent stabilized?? I’m hooked- lets see what you got, Cash!
So cool, would love to live in a building like that, location is also not bad, good luck to those who have entered the lottery!
Gorgeous apartments! And the views! That with the rooftop spots makes me wish I lived in NY
That high vis jacket looks good on you Cash, love it
Hey Cash, I applied for this lottery in October! I'm praying so hard I get this Apt building. Thank you
SO DID I, GOOD LUCK
@@JAS1969M dang I wish we had some type of way to get in! Lol Lottery will be really hard....keep your head up
@@denisegonzales7890 what happend? Did u won?
@@so1667 nope nothing yet! Thanks & all the best
Reminds me of when an apartment building was offering studio apartments in Downtown Denver for four hundred a month. People had snatched up those apartments before the construction on the building was even finish. I can almost guaranty that's the case with this building. No telling what people would do in NYC to have rent that low. I wonder if a people like me that makes around twenty-five hundred a month rent would be in an apartment like that.
I wish you would slow down and show the appliances and bathrooms more, like you do the others. Thank you I love your videos!