1074 Washington Avenue

Rentals Pending
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1074 Washington Avenue, The Bronx, NY
Apartment
154 Units
12 Stories
Construction Started Winter/Spring 2019
1074 Washington Avenue is a new apartment development currently under construction at 1074 Washington Avenue, The Bronx. 1074 Washington Avenue has a total of 154 units.

1074 Washington Avenue Details

Building Type:
Apartment
Leasing Status:
Pending
Rentals Start:
-
Construction Status:
Construction
Construction Started:
Winter/Spring 2019
Estimated Completion:
-
Builder(s):
Ceilings:
-
Interior Designer(s):
-
Marketing Company:
-
Leasing Company:
-
Amenities
Laundry Room
Office Space
Community Center
Fitness Center
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1074 Washington Avenue Summary

In December 2017 Bronx Pro in partnership with the United Methodist Church (“UM”) acquired the property at 1074-1080 Washington Avenue in the Morrisania section of the Bronx, NY. The proposed development will transform the site into a 12 story, senior housing project including 154 units of housing and 5,712 square feet of first floor community facility space. All units will be rented to seniors aged 62 and over with incomes up to 60% of the area median income. Thirty percent of the units (47) will be reserved for homeless seniors as required by the HPD SARA program. The project will be financed through the Empire State Supportive Housing (ESSHI) Initiative, 4% Bond Financing, Low Income Housing Tax Credit (LIHTC) equity and may include other resources. The total development cost is estimated to be $79.6 million.

Source: Bronx Pro Group
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Updated: Nov 29, 2019
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