Apply for 248 mixed-income units at new Passive House tower in the South Bronx, from $362/month

February 11, 2022

Rendering courtesy of Trinity Financial

A housing lottery opened this week for 248 mixed-income apartments in the Bronx. Located at 425 Grand Concourse in Mott Haven, the 26-story mixed-use, mixed-income development is designed to meet Passive House standards and is one of the largest to be built in the United States. New Yorkers earning 30, 40, 70, 100, and 130 percent of the area median income are eligible to apply for the units, which range from $362/month studios to $2,676/month three-bedrooms.

Rendering courtesy of the NYC Department of Housing Preservation and Development

Sitting at the corner of Grand Concourse and East 144th Street, the property will feature an educational facility for CUNY Hostos (a community college serving the South Bronx), a neighborhood supermarket, a community health center, retail, and cultural space.

The building is situated near abundant green space, including an adjacent public park with a new comfort station. The project also includes a new walkway to connect Garrison Playground.

Designed by Dattner Architects, 425 Grand Concourse will consume much less energy than a typical residential project, thanks to its vegetated roof deck, solar shading, solar panels, cogen power generation, and an energy recovery system.

The project is being developed by Trinity Financial in partnership with MBD Community Housing Corporation and the city’s Department of Housing Preservation and Development. The building is expected to open this spring.

Amenities include a 25th-floor outdoor recreation deck, two resident lounges, a fitness center, bike storage, on-site laundry, and a third-floor landscaped terrace. The building is close to several public transportation options, including the Bx19 and M1 buses, and the 2, 3, 4, 5, and 6 subway lines.

Upon the $175 million project’s completion, 425 Grand Concourse, measuring over 300,000 square feet, will be one of the largest affordable Passive Houses in the country. Currently, East Harlem’s Sendero Verde, expected to open this year, takes the top title.

Qualifying New Yorkers can apply for the affordable units until April 11, 2022. Fifty percent of the units are set aside for residents of Bronx Community Board 1. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.

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  1. T

    I’m interested for move in in 30/45 days t

  2. R

    I wanted to know is there still more available units I applied to this lottery back in 2021.