540 Waverly Avenue Update 10/25/22

540 Waverly Completes in Clinton Hill

General contractor, Press Builders, has wrapped up construction on a 9-story mixed-use development, at 540 Waverly Avenue in Brooklyn's Clinton Hill neighborhood.

Developed by , the building contains rental apartments, square feet of ground-floor retail space, and an enclosed parking garage, with enough room for vehicles.

Tenant amenities include a fitness center, a tenant lounge, a rooftop deck with BBQ stations, and a bike storage area. The building is also pet-friendly.

NYC Housing Connect has launched a housing lottery for the 41 affordable units on offer. These units consist of 9-studio, 20 one-bedroom, and 12 two-bedroom setups, and are reserved for those making between 80 and 130 percent of the area median income (AMI).

Designed by , 540 Waverly Avenue stands feet tall and totals square feet. The building will open for occupancy in January of 2023, with the affordable housing lottery deadline set for January 3rd.

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