The Mott Haven neighborhood in the South Bronx will soon see its first ground-up luxury condominium project at 413 East 135th Street. Currently a vacant lot, permits for the project were approved earlier this year and the site is now in pre-construction for a 7-story, 22-unit building.
Development firm Hope Management has tapped Charles Mallea of M Architecture as architect or record for the condo building. Permits indicate that the building will top out at 70 feet and span a total of 14,985 square feet. A rendering by JFA reveals a redbrick building with multiple balconies and a setback on the top floor yielding a rooftop terrace. Situated in a heavily trafficked area, the building will overlook 135th Street and the Bruckner Expressway, and will likely offer views of the East River and Manhattan skyline.
The building will also reign as Mott Haven’s second market rate condominium building, following the 2008 conversion of 305 East 140th Street into Bronx Bricks condominiums, a five-story building from 1904 with 11 condominiums, where a 1,210-square-foot, two-bedroom is currently on the market for $765,000. (See the listing here)
413 East 135th Street will also join two other new market rate developments currently under construction in the neighborhood. A 6-story, 190-unit rental building is set to open next year at 23 Bruckner Boulevard, and a 7-story, 47-unit rental dubbed The Joinery will rise nearby at 221 East 138th Street.
Contributing Writer
Katy Cornell
Katy Cornell is a Long Island native with a passion for writing about real estate in the big city. She recently graduated from the University of Virginia with a BA in English and is a frequent contributor to CityRealty's Market Insight and NYC real estate blog 6sqft.
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