Flatbush renters eyeing the next big thing on Bedford Avenue now have a fresh shot at landing a new place. On Wednesday, March 18, 2026, the housing lottery for Bedford Beverly Phase 2 opened, setting aside 196 apartments at 130 percent of the area median income inside a four-building complex that totals 653 residences. Rents for the 130 percent AMI units start around $2,869 for studios and top out near $3,238 for two-bedrooms, and applications must be postmarked or submitted online by May 11, 2026.
What the lottery includes
The Phase 2 lottery covers 196 units split into 73 studios, 66 one-bedrooms and 57 two-bedrooms. AMI income bands run roughly from $103,303 to $227,500, depending on household size. The listing also shows monthly rents of about $2,869 for studios, $2,996 for one-bedrooms and $3,238 for two-bedrooms, and notes that new tenants who sign one- or two-year leases may receive two months free. These details were reported by New York YIMBY.
Where it is and who built it
Phase 2 is spread across multiple lots, including 2201 Beverley Road and 2366 Bedford Avenue, and is marketed as part of the broader Bedford Square district, with shared amenities across all four buildings. The project website lists a lengthy amenity package that includes fitness and spa facilities, co-working lounges, rooftop terraces, outdoor courts, bike storage and assigned parking with EV chargers, all slated to be available to residents. Clipper Equity is listed as the developer behind Bedford Square on the company’s properties page and the Bedford Square marketing site.
How to apply
Prospective renters must meet the stated household-size and income requirements and apply through NYC Housing Connect, the city’s online housing portal. According to NYC Housing Connect, applications must be postmarked or submitted online by May 11, 2026, and the portal is the official route to enter the lottery and find the full listing.
Why it matters for Flatbush
Phase 2 follows an earlier Phase 1 release that also offered units at 130 percent AMI, continuing a pattern of amenity-heavy, income-restricted apartments aimed at the higher AMI tiers. City Limits’ housing calendar documented the Phase 1 offerings, highlighting how the developer has been rolling out these mid-to-upper AMI units across the Bedford Beverly project. For many longtime Flatbush residents, rents pegged to 130 percent AMI will still be out of reach, even as the development brings new housing stock and a bundle of shared amenities to the neighborhood.
Anyone thinking about throwing their name in the mix should review the official Housing Connect posting and the Bedford Square site for unit-level details, eligibility guidelines and step-by-step application instructions, and keep a close eye on that May 11 deadline.
