The affordable housing lottery has launched for 3060 3rd Avenue, an eight-story residential building in Melrose, The Bronx. Designed by Nikolai Katz Architect and developed by Lipa Engel, the structure yields 25 residences. Available on NYC Housing Connect are five units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,703 to $146,560.
Amenities include bike room and a shared laundry room. Tenants are responsible for electricity, including stove and heat.
At 80 percent of the AMI, there are three studios with a monthly rent of $2,040 for incomes ranging from $75,703 to $108,560; one one-bedroom with a monthly rent of $2,173 for incomes ranging from $81,086 to $122,160; and two two-bedrooms with a monthly rent of $2,583 for incomes ranging from $97,406 to $146,560.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than June 26, 2026.
Subscribe to YIMBY’s daily e-mail
![]()
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews









And you use the oven how?
Just when you think you’ve seen it all.
Shouldn’t architect’s lose licenses for this sort of thing?
Didn’t even notice that. I’m doubtful this is the only unit with that mistake.
Oof
Not a huge fan of PTAC modernism but at least the interiors are nice. The ground floor of this building in real life doesn’t like the rendering at all. Instead of the mostly glass ground floor commercial space, it’s just a couple of big windows. Probably a cost-saving measure.
Its amazing that I make 71k a year, but I couldn’t live in that building if I wanted to because I make too little.