next the Major Deegan Expressway, the Park Avenue Bridge, and the Third Avenue Bridge.
The building will reach 250 feet into the air and hold 465 apartments. They’ll split across 346,632 square feet of residential space, and the average unit will measure 745 square feet. Apartments will begin on the third floor, with 19 units, followed by 24 units per floor on the fourth through 11th stories, 21 units each on the 12th through 21st floors, 17 units on the 22nd, 13 on the 23rd, and then nine and five units respectively on the top two floors.
The ground floor will house two commercial spaces spanning 5,900 square feet, in addition to a rec room and 128-car garage. Amenity spaces, laundry, and storage for residents will occupy the cellar. And another 78 parking spots will fill the second floor.
Overall, the project will have 206 parking spots, which is about 20 more spaces than required by the zoning code. We don’t know if this building will be partially or fully subsidized, but the city might cut the parking requirements if it includes below-market units. City Planning’s proposed zoning tweaks—which will enter the public review process this fall—will waive parking for 100% affordable developments and reduce it for mixed-income buildings.
Asking $44Million. Buyer Pay Commissions.