Yaakov Lefkowitz of Lefko Capital files plans for 44 units in Mott Haven
496 East 134th Street (Credit - BMG Design Build architects)
Yaakov Lefkowitz, principal of Lefko Capital Group submitted a new building construction project for a 44-unit, 27,808 square-foot residential (R-2) building at 496 East 134th Street in Mott Haven, Bronx. The plan was filed with the New York City Department of Buildings on August 7, 2025 under job number X01266624. It calls for the construction of a five-story building. The project is described in the filing as: new 5-story and penthouse 44-family building.
There is a single-story garage on the tax lot that will remain.
496 East 134th Street
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | floor | comment | description | persons_permitted | occupancy_label | zoning_use | dwelling_units |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 1 | BIKE ROOM-13 SPACES (218 SF), UTILITY ROOMS, EIGHT (8) CLASS A APARTMENTS | Apartment | 12 | Residential | 8 | |
| 2 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 2 | EIGHT (8) CLASS A APARTMENTS | Apartment | 18 | Residential | 8 | |
| 3 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 3 | EIGHT (8) CLASS A APARTMENTS | Apartment | 18 | Residential | 8 | |
| 4 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 4 | EIGHT (8) CLASS A APARTMENTS | Apartment | 18 | Residential | 8 | |
| 5 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 5 | EIGHT (8) CLASS A APARTMENTS | Apartment | 18 | Residential | 8 | |
| 6 | acris | 08/21/2025 04:57 AM | acris | 08/21/2025 04:57 AM | 0 | ELEVATOR BULKHEAD, RECREATION SPACE, MECHANICAL AND ELECTRICAL EQUIPMENT, BIKE ROOM-8 SPACES (116 SF) |
The property
The industrial building in Mott Haven has 3,343 square feet of built space and 26,700 square feet of additional air rights for a total buildable of 30,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 100 feet and is 100 feet deep with a total lot size of 10,000 square feet. The zoning is M1-2/R6A which allows for up to 2 times floor area ratio (FAR) for manufacturing and up to 3 times FAR for residential with inclusionary housing. The city-designated market value for the property in 2022 is $842,000.
Prior sales and revenue
This property was sold for $3.2 million on July 25, 2024.
The 3,343-square-foot property generated revenue of $117,233 or $35 per square foot, according to the most recent income and expense figures.
Development
Yaakov Lefkowitz, principal of Lefko Capital Group submitted a new building construction project for a 44-unit, 27,808 square-foot residential (R-2) building at 496 East 134 Street. The plan was filed on August 7, 2025. It calls for the construction of a 68-foot tall, five-story building and was filed with the New York City Department of Buildings under job number X01266624. The architect is Boaz M. Golani Architect. The project is described in the filing as: new 5-story and penthouse 44-family building.
For the tax lot building, it received its initial certificate of occupancy on September 28, 2017.
Violations and lawsuits
According to city public data, the property has not received any significant violations in the last year.
There were no lawsuits or bankruptcies filed against the property for the past 24 months.
The neighborhood
In Mott Haven, The bulk, or 45 percent of the 41.7 million square feet of commercial built space are elevator buildings, with industrial buildings next occupying 23 percent of the space. In sales, Mott Haven has near average sales volume among other neighborhoods with $317.2 million in sales volume in the last two years and is the highest in Bronx. For development, Mott Haven has near average amount of major developments among other neighborhoods and is the 2nd highest in Bronx. It had 2.5 million square feet of commercial and multi-family construction under development in the last two years, which represents 6 percent of the neighborhood’s built space.
The block
On this tax block, PincusCo has identified the owners of one of the 20 commercial properties representing 1,800 square feet of the 171,723 square feet. The identified owner is Bill Wolf Petroleum Corp.. On the tax block, there was one new building construction project filed totaling 27,808 square feet. It is a 44-unit, 27,808 square-foot residential (R-2) building submitted by Lefko Capital Group and filed by Yaakov Lefkowitz with plans filed August 7, 2025 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 132 Brown Place in the past 24 months.
Direct link to the property’s ACRIS page and link to DOB NOW portal.