News Microunit building to begin lease applications Monday: Report One of the completed modules with kitchen by Capsys Corp., a modular manufacturer, is part of New York City's micro apartment project underway at the Brooklyn Navy Yard, April 9, 2015. Once the apartments are completed, they will be moved to Manhattan Photo Credit: Uli Seit By IVAN PEREIRA email@example.com @IvanPer4 Updated November 23, 2015 7:17 AM Print Share fbShare Tweet Email The city's tiniest apartments are set to go on the market Monday. The 55 microunit apartments at 335 East 27th St., which are between 260 to 360 square feet, will officially be open for lease applications, The New York Times reported. The building is part of a pilot program to determine the feasibility of lowering the city's minium space requirement for homes of 400 square feet as a solution to the shrinking housing stock crisis. Each apartment was constructed in a warehouse in the Brooklyn Navy Yard, shipped to the Lower East Side and stacked with cranes in the summer. Fourteen apartments are designated as affordable and a lottery for those units attracted more than 60,000 applicants, according to the Times. The building is set to open in February. By IVAN PEREIRA firstname.lastname@example.org @IvanPer4 Ivan has been a staff reporter with amNewYork since May 2012 and covers breaking news, politics and enterprise stories. Share on Facebook Share on Twitter More on this topic Photos: NYC micro apartmentsThe My Micro NY program will create a nine-story building in Kips Bay. First micro apartments complex to be topped off this weekAll residential units have been stacked. NYC now accepting applications for micro apartmentsThe 55 apartments measure between 260 and 360 square feet. Comments We're revamping our Comments section. Learn more and share your input.