A narrow lot at 1661 Madison Avenue, between East 110th Street and Tito Puente Way in East Harlem, may soon sprout a skinny 10-story apartment tower with ground floor retail, according to new building applications filed today.
Owner Wilfredo Aldebot plans to build a 119-foot-tall development with 15 apartments and 1,700 square feet of ground floor commercial space. Those apartments will be spread across 12,564 square feet of residential space, for an average rental-sized unit of 837 square feet. Every floor will have one or two apartments, beginning on the second floor, and there will be a roof deck on the top floor.
The 25-foot-wide property is currently home to a dilapidated, vacant storefront, and it last changed hands for an undisclosed amount in a tax lien sale back in 2009. Before that, an LLC snatched up the plot for $1,400,000 in 2005, shelling out roughly $98 per buildable square foot. The northern half of the block, stretching from Park to Madison, was upzoned from R7-2 to R8A in 2008, allowing owners to build much taller buildings on small plots like this one.
The development will hopefully bring new life to the block, which is dominated by a large and unsightly concrete apartment building from the mid-1970s.
Interestingly, the same owner also filed plans for second project about 60 blocks uptown, at 565 West 170th Street in Washington Heights.
Plans call for a 10-story, 16,250-square-foot building made up of community facilities. As you’d expect, it will all be medical offices (“ambulatory or diagnostic treatment health care”).
Aldebot, who runs a pharmacy next to Mount Sinai Hospital in the Upper East Side, paid $725,000 for this property in 2008. A boxy two-and-a-half-story brick apartment building currently occupies the 2,500-square-foot lot.
The architect of record for both projects is DeArch Architecture P.C., a firm headquartered in Midtown that mainly designs residential and commercial buildings in Flushing and Long Island City.
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April 2016, nothing happening yet…