Procida Companies


1761 Walton Avenue - Mount Hope Housing Company / Procida Companies

Community Developer Reveals New Affordable Housing Project at 1761 Walton Avenue in Mount Hope, The Bronx

A sprawling mixed-use development with a substantial wellness-focused community facility will soon make its home in Mount Hope, The Bronx. Located at 1761 Walton Avenue, the 14-story building will span approximately 102,500 square feet and rise from a vacant, L-shaped lot. Mount Hope Housing Company, a Bronx-based community development organization that rehabilitates and manages affordable housing, and Procida Companies, a local general contractor, have partnered on the development.

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1761 Walton Avenue

Permits Filed for 1761 Walton Avenue, Mount Hope, Bronx

In between the 4 train’s 176th Street stop and the B and D trains’ stop at 174-175th St Station, in the Bronx’s Mount Hope neighborhood, new building applications have been filed for a sizable project that will have a total construction area of almost 110,000 square feet. That will be divided between a community facility component of 8,479 square feet, to be used by a basketball court and gymnasium on the ground floor, and 88,996 square feet of residential space, to be split between 103 units. With an average unit size of about 850 square feet, rentals are likely. The structure will rise 14 floors in all, and Aufgang Architects is designing, while Procida Companies is the developer.


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