The northern Bronx is one of the cheapest areas to build market-rate housing and buy a home in New York City. And much of that development happens in Williamsbridge, a neighborhood east of Woodlawn Cemetery.
Yesterday’s crop of filings brought applications for a four-story apartment building at 3530 Mickle Avenue, at the end of a cul-de-sac just off Chester Court in Williamsbridge. The 40-foot-tall building will rise at the eastern end of the hood, close to the border with Edenwald and Baychester.
It will have 28 apartments divided across 21,365 square feet of residential space, for average units of 763 square feet. The first three floors will hold eight units each, and four units will occupy the fourth floor, followed by a shared roof deck.
In this part of the Bronx, car-heavy zoning rules require parking for two-thirds of the apartments in a new building. The developer chose to exceed the city’s parking minimums, and the project will include a 24-car parking lot.
Rockaway-based Prime Design Group will handle the architecture, and David Most, who heads Fresh Meadows-based New York B Realty Group, is the developer.
The 18,500-square-foot vacant lot last sold for $1,125,000 in December, or $52 for each square foot of the planned building. The previous developer, Matthew Adhoot, purchased it for only $620,000 in June of 2015 and flipped it for nearly twice the price six months later. In October, he filed plans for seven two-family homes.
Multi-family development is allowed in this small piece of Williamsbridge, but the city downzoned many of the surrounding blocks in 2011, capping heights and encouraging one- and two-family homes.