4511 3rd Avenue
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4511 3rd Avenue

Rental in The Bronx
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May 8, 2018

Lottery for 218 affordable units opens in new Bronx building with yoga pavilion and rooftop farm

Nearly a year ago, L+M Development Partners and Hornig Capital Partners broke ground on a $156 million, mixed-use development on the St. Barnabas Hospital campus in the Belmont section of the Bronx, adjacent to Little Italy's Arthur Avenue and just a short walk to the Bronx Zoo. A pair of all-affordable housing projects--an 11-story, 181-unit building at 4511 Third Avenue and a 12-story, 133-unit building down the street at 4439 Third Avenue--the Dattner Architects-designed complex aims to combine health care services, affordable housing, job creation, outdoor fitness areas, and healthy food options to low-income residents of the community. And these residents earning 60 percent of the area median income can now apply for 218 apartments, ranging from $865/month studios to $1,289/month three-bedrooms.
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