Civic Builders plans 45K sf school in Mott Haven
447 Wales Avenue (Credit - Google)
Leonard Dymond, vice president of construction of Civic Builders submitted a new building construction project for a 45,520 square-foot school (E) building at 447 Wales Avenue in Mott Haven, the Bronx. The plan was filed with the New York City Department of Buildings on October 6, 2022 under job number X08012585. It calls for the construction of a six-story building.
The property
The 447 Wales Avenue parcel has frontage of 223 feet with a total lot size of 12,310 square feet. The zoning is R7-1 which allows for up to 3.44 times floor area ratio (FAR) for residential. The development is on three tax lots.
Development
The architect is KSS Architects LLP. The project is described in the filing as: it is proposed to erect a new six-story charter school as shown on plans.
Over the past five years, there have been four NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There has been one new building permit application There have been 2 demolition projects filed over the past five years. The demolition included 2 residential units.
Violations and lawsuits
According to city public data, the property has received $660 in OATH penalties in the last year.
There were no lawsuits or bankruptcies filed against the property since September of 2020.
The neighborhood
In Mott Haven, the bulk, or 42 percent of the 40.1 million square feet of commercial built space are elevator buildings, with industrial buildings next occupying 25 percent of the space. In sales, Mott Haven has near average sales volume among other neighborhoods with $806.7 million in sales volume in the last two years and is the highest in Bronx. For development, Mott Haven is the 7th most active neighborhood among other neighborhoods. It had 4.7 million square feet of commercial and multi-family construction under development in the last two years, which represents 12 percent of the neighborhood’s built space.
The block
On this tax block, PincusCo has identified the owners of four of the 14 commercial properties representing 152,048 square feet of the 207,454 square feet. The largest owner is Charlie Lezer, followed by Zuckerman Realty and then Gary J. Zuckerman. On the tax block, there was one new building construction project filed totaling 45,520 square feet. It is a 45,520 square-foot E building developed by Leonard Dymond with plans filed October 6, 2022 and it has not been permitted yet.
The surrounding
This is the first commercial real estate event of interest identified within the 400-foot radius of 445 Wales Avenue in the past 24 months.
Direct link to the property’s ACRIS page and link to DOB NOW portal.
