More Market Rate Housing Coming to East Tremont at 712 East 175th Street

712 East 175th Street, image via Google Maps712 East 175th Street, image via Google Maps

When Robert Moses built the Cross-Bronx Expressway half a century ago, he demolished dozens of large apartment buildings in East Tremont to make way for the six-lane highway. It’s taken the blocks nearby decades to recover, but they are finally seeing new life, in the form of large affordable apartment buildings and small market-rate ones.

Yesterday, new building applications were filed for a six-story, market-rate apartment building at 712 East 175th Street. The project would replace a two-family wood frame house with a brick porch, which appears to have been built around the turn of the last century.

It would bring 22 apartments to an eclectic block between Crotona and Clinton avenues, just south of the expressway. The apartments would be divided across 15,830 square feet of residential space, with average units of 720 square feet.

Lin Long Guang, doing business as a Flushing-based LLC, is the developer. And Tabriz Design Group, which is headquartered in Kew Gardens, will be responsible for the design.

The 5,600-square-foot property just changed hands in January for an undisclosed amount, and before that, it sold for $330,000 in 2014.

There’s also a much larger project under construction at the end of the block, on the corner of Crotona Avenue. Prolific Bronx developer Stagg Group is working on a six-story, 55-unit building at 1802 Crotona Avenue. Stagg set aside 20 percent of the apartments as affordable housing, and those 11 below-market units were rented last year through a city-run lottery. The remaining 44 units will be market-rate.

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews

.

1 Comment on "More Market Rate Housing Coming to East Tremont at 712 East 175th Street"

  1. Marilyn Bennett Wegh | March 16, 2016 at 12:32 pm |

    It will be long & slow, like the maturing of fine wine, but here comes the Bronx Renaissance!

Comments are closed.