Permits have been recently filed for a new nine-story mixed-use residential and commercial building at 4720 Third Avenue in Belmont, The Bronx. Marin Architects designed the façade alongside Ismael Leyva Architects, as well as all the retail space. Canas Solutions, Inc. is the filing representative while Cactus Holdings, Inc. is the owner of the 35,606-square-foot site. The nearly 190,500-square-foot project sits on a corner lot and is located south of Fordham University. It also sits very close to the Fordham Metro-North train station. The B and D train can be accessed at the Fordham Road subway station, which is only five minutes to the west.
The new structure will be made out of reinforced concrete and yield 159 residential units, averaging just under 1,200 square feet per unit. This would most likely make them apartments. About 60,500 square feet will be dedicated toward commercial space, while the community facilities will take up less than 900 square feet. The new building will rise 63 feet when completed and include enclosed parking for 84 vehicles. There will be an eight-foot front yard, one 20-foot side yard, and a 30-foot long backyard.
A render and completion date for 4720 Third Avenue have not been released and announced yet.