City selling 3BR Brooklyn Heights co-ops up to $61,000

You'll probably have better luck than the holder of this ticket, which lost. (Flickr photo by Jeffrey Beall)

If you qualify for Mitchell-Lama income limits and win the waiting list lottery, you and your immediate family of five persons could live in an unspecified area of Brooklyn Heights in a three-bedroom co-op that will cost you approximately $52,000 to $61,000.

With two dependents or more, the income limits range between $40,235 and $151,750. And, no, I haven’t any idea how the requirements work or which buildings are available through the newly opened waiting lists. Continue reading