Chaim Schwartz files plans for 19 units in Belmont

450 Cyrus Place (Credit - Cyclomedia)

450 Cyrus Place (Credit - Cyclomedia)

Chaim Schwartz submitted a new building construction project for a 19-unit, 14,778-square-foot residential (R-2) building at 450 Cyrus Place in Belmont, the Bronx. The plan was filed on April 17, 2026. It calls for the construction of a 60-foot-tall, six-story building and was filed with the New York City Department of Buildings under job number X01381185. The project is described in the filing as: New 6-Story Building With 19 Dwelling Units. The applicant is the Professional Engineer Mohammad Ahead of Mohammad Ahead, Pe.

The neighborhood

In Belmont/Little Italy, The bulk, or 43 percent of the 14.3 million square feet of commercial built space are walkup buildings, with elevator buildings next occupying 26 percent of the space. In sales, Belmont/Little Italy has near average sales volume among other neighborhoods with $78.1 million in sales volume in the last two years and is the 20th highest in Bronx. For development, Belmont/Little Italy has near average amount of major developments among other neighborhoods and is the 9th highest in Bronx. It had 1.1 million square feet of commercial and multi-family construction under development in the last two years, which represents 7 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of nine of the 18 commercial properties representing 186,202 square feet of the 235,604 square feet. The largest owner is Bronx Pro Group, followed by Emerald Equity Group and then Fordham Bedford Housing Corporation.
On the tax block, there were four new building construction projects totaling 77,715 square feet. The largest is a 86-unit, 38,089 square-foot hotel/dormitory/shelter (R-1) building submitted by Neelam Chadha with plans filed December 16, 2015 and permitted December 8, 2022. The second largest is a 47-unit, 14,548 square-foot hotel/dormitory/shelter (R-1) building submitted by Parmod Chadha with plans filed March 22, 2021 and permitted April 25, 2023.

The surrounding

Within a 400-foot radius of 450 CYRUS PLACE, PincusCo identified one commercial real estate item of interests occurred over the past 24 months.
It was a new building permit issued on October 21, 2025 for a 11,280-square-foot residential (R-2) building with 19 residential units at 452 Cyrus Place.

Direct link to the property ACRIS page and link to DOB NOW portal.

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