1515 Surf Avenue
Update
01/18/24
Affordable Housing Lottery Kicks Off for 1515 Surf Avenue
NYC Housing Connect has started an affordable housing lottery encompassing 139 units within a dual-tower residential project, going up at 1515 Surf Avenue in Brooklyn's Coney Island neighborhood. Eligible applicants must earn between $60,069 and $198,250 annually, or sit within 80 to 130 percent of the area median income (AMI). Applications will be accepted either online or by mail until March 20, 2024.
Developed by , the development consists of a taller, 26-story tower ("Building 1"), and a shorter, 16-story tower ("Building 2"), connected by a parking deck. The buildings will contain a combined total of apartments.
Tenant amenities will include an outdoor pool, a roof deck, a fitness center, multiple resident lounges and co-working spaces, an indoor basketball court, and a 20,000-square-foot, landscaped outdoor space. In addition to residential space, the buildings will feature square feet of ground floor retail space, as well as an enclosed parking garage, with enough room for vehicles.
Benefitting from its stellar location, and situated right in the heart of the action, 1515 Surf Avenue should have no trouble attracting demand. The towers will provide fantastic views of the Atlantic Ocean, sitting just a block inland from the beach and the Coney Island Boardwalk. The property is also positioned just across the street from The Thunderbolt roller coaster and Gargiulo’s Restaurant, as well as diagonal from the original (and world-famous) Nathan’s Hot Dogs location.
Designed by , 1515 Surf Avenue will stand feet tall and total square feet. is serving as the general contractor and work is expected to wrap up in the coming months. It should also be noted that upon completion, the development will become the largest geothermal heated and cooled building in all of NYC.
