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400 Unit Affordable Housing Apartment Building

Market Price

1133 Ogden Avenue, Bronx, NY 10452

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Last Updated: 02/28/2025

335,048 sqft

Building Size

48,983 sqft

Lot Area

Details:
Building Size:    335,048 sqft
Lot Area:    48,983 sqft
Units:    400
Zoning:    R7-1 / C1-4
Highlights:
  • Approximately 335,048 square feet with 400 residential units and 233 parking spots
  • Beneficiary of an Article XI tax abatement with 1% GRT until 2059
  • 174 existing voucher tenants (44% of total units) including 75 PBV units
  • Recent approval of 610 amendment to existing regulatory agreement allows for significant revenue growth
  • Additional $100,000 annual tax exemption attributed to the commercial parking lot & garage
  • Located in a prime location of Highbridge, with convenient access to the Major Deegan Expressway, Yankee Stadium, the Harlem Riverfront, and other local amenities
  • Convenient access to the 4/B/D subway line and multiple bus routes
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