Small-scale development is slowly returning to Wakefield and Williamsbridge, two northern Bronx neighborhoods lined with one- and two-family homes where pockets of new construction grew in the early to mid-2000s.
The city downzoned Wakefield in 2007 and Williamsbridge in 2011, discouraging new construction in two of the city’s most affordable places to buy a home. Despite that, we’ve noticed a growing number of little buildings planned in the areas just beyond Bronx Park. Today, a new building application was filed for a four-story, eight-unit building at 626 East 223rd Street, between Carpenter Avenue and White Plains Road in Wakefield.
The eight apartments will be spread across just over 6,000 square feet of space, for rental-sized units averaging 760 square feet. Each floor will have two units, and the building will take up just over half the lot.
Pelham, N.Y.-based Fred Geremia Architects and Planners applied for the permit, and Arben Ulaj, based in Ridgefield Park, N.J., is the developer.
The 2,300-square-foot property is currently home to a two-story, single-family home, which will likely be demolished for the new building. It last changed hands in May for $240,000, or just $35 per buildable square foot. Before that, it sold for $225,000 in 2003—an illustration of how stable prices have remained in this part of the Bronx.
And unlike much of Wakefield, this site is only a few blocks from the 2/5 train and a block from Van Cortlandt Park and the Bronx River.
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Let us hope it’s not as hideous as that pile to the left.
Gotta worry about a neighborhood where houses have bars on the windows.