Most developers building market-rate apartments in the South Bronx have set their sights on Port Morris, a relatively narrow industrial strip that wraps around the southern tip of the borough. But Treetop Development just paid $6 million for a site several blocks north, at 121-129 East 144th Street in Mott Haven.
Ten years after the city rezoned a desolate, industrial section of the South Bronx waterfront, the area is on the edge of a major transformation. The latest evidence of that change comes with an application to build a 12-story hotel at 82 Brown Place, between Bruckner Boulevard and the Harlem River freight yards.
Ben Baum, of Brooklyn-based Real Properties, has filed applications for two four-story, eight-unit residential buildings at 600-602 Oak Terrace, in Mott Haven, located four blocks from the 6 train’s Brook Avenue stop. One of the buildings will measure 5,564 square feet while the other 5,476 square feet; across the development, units will average a rental-sized 690 square feet apiece. Flavio Barros’ Long Island City-based CB Engineering is the applicant of record, and the plot of land is currently vacant.
Just as Chetrit Group and Somerset Partners threw a rather unfortunate party under the Third Avenue Bridge in Mott Haven to promote their two market-rate highrises in the South Bronx neighborhood, a smaller developer filed plans for a five-story mixed-use building a few blocks away at 2490 Third Avenue.
Avi Baranes has filed applications for a four-story, two-unit mixed-use building at 352 Willis Avenue, in Mott Haven, six blocks from the 6 train’s stop at 3rd Avenue – 138th Street. The building will measure just 4,223 square feet, and will include 1,425 square feet of retail space on the ground floor. Above, full-floor residential units will average 1,400 square feet, indicative of condos, which would be big news for this part of the Bronx. Long Island-based Shahriar Afshari is the architect of record, and the corner lot comes vacant.