Filomena Matoshi files plans for 84-unit building in Allerton

Filomena Matoshi submitted a new building construction project for an 84-unit, 54,845 square-foot residential (R-2) building at 2512 Bronx Park East in Allerton, Bronx. The plan was filed with the New York City Department of Buildings on December 1, 2023 under job number X00916813. It calls for the construction of an eight-story building. The project is described in the filing as: proposed new residential apartment building. The architect is Badaly Architects.
The plans call for three residential units in the first floor, 11 each on the second to fourth floors and 12 apartments each on the fifth through eighth floors.

The property

The property has a lot of 14,385 square feet and a width of 125 feet. The zoning is R7-1 which allows for up to 3.44 times floor area ratio (FAR) for residential.

Prior sales and revenue

This property was sold with 5 other properties for $2.6 million on October 25, 2017.

Violations and lawsuits

According to city public data, the property has received $200 in OATH penalties in the last year.

There were no lawsuits or bankruptcies filed against the property for the past 24 months.

The neighborhood

In Allerton, The majority, or 60 percent of the 12.4 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 18 percent of the space. In sales, Allerton has near average sales volume among other neighborhoods with $33 million in sales volume in the last two years and is the 32nd highest in Bronx. For development, Allerton has near average amount of major developments among other neighborhoods and is the 19th highest in Bronx. It had 573,630 square feet of commercial and multi-family construction under development in the last two years, which represents 5 percent of the neighborhood’s built space. There was one pre-foreclosure suit filed among other development buildings in the past 12 months.

The block

On this tax block, PincusCo has identified the owners of one of the five commercial properties representing 49,388 square feet of the 489,861 square feet. The identified owner is Goldberg Family. On the tax block, there was one new building construction project filed totaling 54,845 square feet. It is a 84-unit, 54,845 square-foot residential (R-2) building submitted by Filomena Matoshi and filed by Filomena Matoshi with plans filed December 1, 2023 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 2512 Bronx Park East in the past 24 months.

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