The Leroy
Harlem, New York
Information
Developer:
407 Lenox Avenue, LLC
Location:
225 West 140th Street
Specs:
7–story mixed use new construction building with 20 mixed-income units and 2,500 sf of community facility space. The affordability mix ranges from 60% to 130% of AMI.
Amenities:
Fitness center, common outdoor space, bicycle parking, laundry room, high grade finishes, PTAC heating and cooling, and dishwashers.
Projected Timeline:
Start Q1 2018 – 24 month construction period.
Financing:
TE Bonds, HDC & HPD subsidy, LIHTC & SLIHC equity and developer equity.
Estimated Development Cost:
$15,000,000