The South Bronx is arguably the city’s largest hotbed of new affordable housing development, and the latest chance to live in the up-and-coming ‘hood for less than market rate starts today for 124 units at 530 Exterior Street in Mott Haven. Here, New Yorkers earning 60 percent of the area median income can apply for apartments ranging from $822/month studios to $1,224/month three-bedrooms. The 13-story building is part of a larger, mixed-use project, right near Mill Pond Park on the Harlem River and the 145th Street Bridge to Harlem. The other two components are a similarly low- and moderate-income housing building at 491 Gerard Avenue and a 152-room Hampton Inn hotel with commercial space and ground-floor retail.
Applications are currently being accepted for 101 affordable apartments in La Casa Del Mundo, a newly constructed housing development at 3475 Third Avenue in the Morrisania neighborhood of the Bronx. New Yorkers earning 30, 40, 50 and 60 percent of the area median income can apply for the available units, ranging from a $368/month studio to $1,224/month three-bedrooms.
View of the development’s block
Praxis Housing Initiatives “is NYC’s largest provider of transitional housing to homeless people with HIV/AIDS and is one of city’s lowest cost/highest service housing providers.” As part of its 2012 strategic plan, the organization began a permanent supportive housing program, and in just two years time they opened their first development in the Bronx. In 2015, they closed on the second at 2264 Loring Place North in Kings Bridge Heights and built an eight-story, 66-unit building. Of these apartments, 14 are reserved for community-based affordable housing for those earning 60 percent of the area median income. They include $931/month one-bedrooms and $1,123/month two-bedrooms and have just come online through the city’s affordable housing lottery.
6sqft recently reported that so many people are hopping on Citi Bikes that even bus ridership has been affected. But there are parts of New York City–Staten Island and the Bronx for example–don’t have that option because the familiar blue bikes haven’t made it into their neighborhoods–yet. Citi Bike parent company, Motivate, has approached City Hall with a plan that would add 6,000 bikes to the system–4,000 of them in areas that currently have no docks–without spending tax revenue, the New York Daily News reports.
Applications are currently being accepted for 87 affordable apartments in The Graham, a new sustainable building located in the Mott Haven section of the South Bronx. The eight-story building at 255 East 138th Street has a full floor of retail at the street level, bike room, outdoor terrace and underground parking garage. New Yorkers earning 30, 40, 50, 60 and 100 percent of the area median income can apply for the mixed-income units, ranging from $368/month studios to $1,683/month three-bedrooms.
Applications are currently being accepted for nine newly constructed affordable units at 866 East 178th Street in the West Farms section of the Bronx. West Farms, which underwent the largest private rezoning in the Bronx ever a few years ago, is located in the southwest of the borough. Residents here can enjoy plenty of green space with access to the Bronx Park, Zoo and the Bronx River. New Yorkers earning 80 percent of the area median income can apply to rent four one-bedrooms for $1,348 per month and five two-bedrooms for $1,521 per month.
Find out if you qualify
Located in the evolving Melrose neighborhood of the South Bronx, eight newly constructed units are available to rent at 407 East 160th Street. As the Bronx continues to undergo major residential and commercial development, Melrose sits as the epicenter of these changes. It has a bustling district known as the Hub, or the Times Square of the Bronx, which features many retail stores, restaurants and entertainment options. New Yorkers earning 80 percent of the area median income can apply to rent four $1,348/month one-bedrooms and four $1,521/month two-bedrooms.
The city’s Economic Development Corp. has announced its support for plans to build up to 1,045 units of market-rate and affordable housing and commercial space on a vacant four-acre stretch of East 149th Street in The Bronx, the New York Post reports. The city had promised a decade ago to replace the more than 25 acres of parkland that was lost when the new Yankee Stadium was greenlighted in 2005; the vacant space was to be the last leg of the Mill Pond Park, off the Harlem River. Geoffrey Croft of NYC Park Advocates, a watchdog group, said the “sleazy switcheroo” “screams of Brooklyn Bridge Park all over again,” referring to promised waterfront parkland that that became high-rise housing instead.
Conceptual rendering courtesy of Raft Architects
While many residential and commercial projects are underway in the South Bronx, the neighborhood continues to lack diverse food choices for its residents. Hoping to bring more variety to the Hunts Point community, Majora Carter--a revitalization adviser and developer who’s also behind the nearby transformation of the former Spofford Juvenile Detention Center into a $300 million mixed-use affordable housing complex–is partnering with Slayton Ventures to create a hip new dining spot in an empty railway station. As reported by the Wall Street Journal, the $2 million project will restore the former Amtrak-owned building, which was designed by Cass Gilbert, beginning this summer and is expected to be completed in the fall.
Located in the Mount Eden neighborhood of the South Bronx, this affordable housing building at 1561 Walton Avenue sits just off the Grand Concourse and a block south of the Cross-Bronx Expressway. The 11-story residence contains 60 units total and includes an on-site manager, rear patio, laundry, and storage space for bikes, as well as on-site college application assistance and work-readiness training. Applications are currently being accepted for 50 of the units, ranging from $558/month one-bedrooms to $1,740/month three-bedrooms for those earning 40, 50, 60, or 80 percent of the area median income.
Crotona Park East via NYC Parks
Adding to the development boom in the South Bronx, eight newly constructed units are available to rent at 1417 Longfellow Avenue. Located in the Crotona Park East neighborhood, which was rezoned six years ago to allow more residential buildings in the former industrial area, the building contains 38 apartments that each are about 636-square units. New Yorkers who qualify can apply for four $1,348 one-bedrooms and four $1,521 two-bedrooms.
Located just a few blocks from Yankee Stadium, this affordable housing project with a beautiful shared courtyard is truly unique, as it was developed on one of the last vacant city-owned lots. Applications are now being accepted for one- and two-bedroom rentals at 12 East Clarke Place and 27 East 169 Street in the Highbridge section of the Bronx, including $963/month one-bedrooms and $1,166/month two-bedrooms.
Tremont Park via NYC Parks
As of today, qualifying New Yorkers can apply for 16 newly renovated, affordable apartments in the Tremont section of the Bronx. The units at 565 East 178th Street and 2089-91 Arthur Avenue–which are right near Tremont Park and just a short walk to the Bronx Park and Zoo–are available to those earning 50 to 60 percent of the area median income, ranging from $716/month studios to $1,292/month three-bedrooms.
Atop the city’s second-highest peak, in Riverdale, the Bronx, this opulent mansion has been beckoning the heavens–and seeking a buyer–since 2009 when it hit the market with an ask of $14 million; As 6sqft previously reported, the 17-room 1home was built in 1928 for an eccentric owner who never actually lived there herself, but rather constructed it for Jesus’ second coming. The house was asking $11 million in 2013 and re-listed with a $10 million price tag in 2015. Welcome2TheBronx reports that the home finally sold for $6,250,000 on January 9th of this year.
The historic mansions of Riverdale never fail to impress, and this gem is no exception. Built in 1899 and known as the Esmeralda, the home has maintained many of its historic details over the years. Throughout formal dining and living areas, as well as all nine bedrooms, you’ll find finishes like hardwood flooring, oak doors, wood-beamed ceilings and fireplaces. The property also comes with an impressive degree of privacy, as you enter through a long, gated driveway. For this level of exclusivity and historic charm, the price tag is $4.129 million.