The affordable housing lottery has launched for 2764 Wallace Avenue, a seven-story residential building in Allerton, The Bronx. Designed by Nikolai Katz Architect and developed by Shimon Greenfeld of SCG Capital LLC, the structure yields 38 residences. Available on NYC Housing Connect are eight units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $81,086 to $146,560.
2764 Wallace Avenue in Allerton, The Bronx via NYC Housing Connect
Amenities include pet-friendly policies. Tenants are responsible for electricity, including stove and heat.
2764 Wallace Avenue in Allerton, The Bronx via NYC Housing Connect
At 80 percent of the AMI, there are four one-bedrooms with a monthly rent of $2,173 for incomes ranging from $81,086 to $122,160, and four two-bedrooms with a monthly rent of $2,583 for incomes ranging from $97,406 to $146,560.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 3, 2026.
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There is nothing like a welcoming entrance. Those exterior conduits make the place.
It’s all so hard to wrap your head around how a qualified architect was responsible for this.
At a certain point we need city design mandates akin to England or Paris. Just hideous and not even the cheapest option. There are designs with quiet dignity.
The ground floor looks like it should be on a back alley, if NY had them. It’s mindboggling careless and ugly. Taggers will be busy.
This looks like a detention center. It’s gonna plummet the adjoining property value and maybe the rest of the street FFS.