Two 12-Story Affordable Buildings Headed for Mount Hope in the Bronx

220 East 178th Street, image via Google Maps220 East 178th Street, image via Google Maps

A pair of 12-story affordable rental buildings are coming to two blocks in Mount Hope, in the central Bronx. Developer Thorobird Companies is planning to construct the two buildings at 225 East 179th Street and 220 East 178th Street, a block apart between Anthony Avenue and Grand Concourse.

Both structures will reach 115 feet into the air, but the East 178th Street property will be larger and hold more apartments. The single-story, brick Saint Thomas Lutheran church on East 178th will meet the wrecking ball for 52 apartments and an 833-square-foot medical office space. Since those apartments will be squeezed into 35,322 square feet of residential space, the typical apartment would measure 679 square feet.

The development will also come with outdoor space on the ground floor, shared terraces on the 10th and 12th floors, and indoor recreation space in the cellar.

225 East 179th Street will host 37 apartments and 25,390 square feet of residential space, for an average unit of 686 square feet.

A three-story wood frame house—which appears to date back to the late 19th century—occupies the lot.

GF55 Architects is designing both buildings.

Thorobird picked up both properties over the last year for a combined $2,599,999. The Metropolitan Synod of Evangelical Lutheran Churches in America unloaded their chapel to an investor in 2014 for $945,000, and the firm flipped the property to Thorobird a year later for $1,600,000. Then the longtime owner of the old house on East 179th sold the property for $999,999 in June.

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6 Comments on "Two 12-Story Affordable Buildings Headed for Mount Hope in the Bronx"

  1. The ongoing destruction of interesting/historic structures in New York is sickening. I’m glad I left.

  2. Real estate speculation all about money. Imagine that.

  3. The economic of business in general, between two systems about property and money.

  4. Please add me to your email listing for affordable apartment availability in Bronx

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