Mayor Bloomberg selected a Brooklyn developer yesterday to build 55 micro apartments as tiny as 250 square feet, but renting for as little as $939 a month.
Officials said the cramped quarters could be the wave of the future in big cities where the demand for single-adult housing outstrips the supply.
A team of Monadnock Development LLC, nARCHITECTS and the Actors Fund Housing Development Corp. bested 32 other bidders to construct the micro units on city-owned land at 335 E. 27th St. near Bellevue Hospital. Occupancy is scheduled for September 2015.
Forty percent of the apartments, some as large as 370 square feet, are being set aside for tenants with limited incomes.
A single person earning up to $93,210 would face a maximum rent of $1,873. Someone making up to $48,100 would be eligible for the lowest rent of $939.
Officials said studios in new buildings generally go for between $2,400 and $2,900 a month. The city code requires those to be at least 400 square feet.
The city was able to demand the cheaper rents on the micros by handing over the land for only $500,000.
The By using prefabricated modular apartments builtmanufactured at the Brooklyn Navy Yard, the developer hopes to bring in the project for about $15 million. “They “almost snap together like Legos,” said Monadnock president Nicholas Lembo said of the individual apartments.