A lottery will launch next week for 36 middle-income units in the Kingsbridge neighborhood of the Bronx. Located at 3470 Fort Independence Street, the newly constructed building sits about a ten-minute walk from New York City’s third-largest park, Van Cortlandt Park, and steps from Jerome Park Reservoir. Qualifying New Yorkers earning 70 and 130 percent of the area median income can apply for the apartments, which range from $1,075/month studios to $2,388/month three-bedrooms.
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Kingsbridge Armory via Flickr cc
It’s no wonder the city has spent the better part of the past decade trying to redevelop the former Kingsbridge Armory into the country’s largest ice skating complex–it’s less than a block from the 4 train and three blocks from the D and B trains and a quick walk to the Fordham University campus. And for residents moving into the area, it’s just a few blocks from the large Jerome Park, St. James Park, and Poe Park. With all this in mind, a new development has sprung up across from the Armory at 2700 Jerome Avenue. The 13-story, 134-unit building is a mix of affordable and supportive housing and retail, and as of today, New Yorkers who earn 60 or 90 percent of the median income can apply for 95 units that fall into the first category. The available apartments range from $860/month studios to $1,940/month three-bedrooms.