740 Brook Avenue

Housing Lottery Launches for 740 Brook Avenue in Woodstock, The Bronx

The affordable housing lottery has launched for 740 Brook Avenue, a nine-story mixed-use building in Woodstock, The Bronx. Designed by Dattner Architects and developed by Phipps Houses with construction financing through NYC Housing Preservation and Development and New York State Homes and Community Renewal, the structure yields 55 residences. Available on NYC Housing Connect are 42 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $16,183 to $165,500.

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740 Brook Avenue in Melrose, Bronx

Permits Filed for Mixed-Use Building at 740 Brook Avenue in Melrose, The Bronx

Permits have been filed for a nine-story mixed-use building at 740 Brook Avenue, in Melrose, The Bronx. Located between East 156th and East 157th Streets, the corner site is one block east of the neighborhood’s main thoroughfare, Third Avenue. Less than a half mile east is the Jackson Avenue subway station serviced by the 2 and 5 trains. New York City’s Department of Housing Preservation and Development is listed as the owner behind the applications. In August of 2018, a proposed remedy was released by the New York State Department of Environmental Conservation (NYSDEC) to address brownfield contamination so the site can be redeveloped.

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