Market-rate development is finally returning to Belmont, a neighborhood just south of Fordham University in the northeastern Bronx. Yesterday, developer Gac Haxhari filed applications for an eight-story market-rate building at 2118 Mapes Avenue, between East 180th and 181st streets, which is two short blocks from Bronx Park.
The development will reach 77 feet into the air and hold 43 apartments. Spread across 32,890 square feet of residential space, average units will measure a rental-sized 764 square feet.
Each floor will have four to six apartments, and there will be a parking lot with enough space for 13 cars — the minimum required by zoning.
Fred Geremia Architects and Planners, based outside of the city in Pelham, N.Y., will handle the design. The developer, Gac Haxhari, comes from Morris Park, a nabe just east of Bronx Park populated by Albanians and Italians. Last time we wrote about him, he had filed plans for a small market-rate project in Mott Haven, at the opposite end of the borough.
Haxhari picked up the site, a parking lot, for $1 million last October. The lot measures 9,600 square feet, so he paid just $30 for each buildable square foot.
We’ve covered several projects, both large and small, in Belmont over the last year. Last month we spotted a hotel planned near Fordham, and before that, a 12-story affordable development on Third Avenue, and two small rental buildings from developer AB Capstone.
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