Investments:
2401 Third Avenue
2401 Third Avenue is a mixed-use market-rate residential building on the former JL Mott Iron Works site at the foot of the Third Avenue Bridge. On the Harlem River, the property has approximately 350’ of waterfront frontage which will be accessible to the public. The building has pedestrian access from Third Avenue and vehicular access from Bruckner Boulevard via a dedicated drive under the bridge.
The building consists of 430 rental units with indoor and outdoor amenities, 175 mostly-indoor attendant parking spaces, and a community facility. The entire project has a total above-and-below grade area of 459,474 gross square feet.
The building composition consists of one stand-alone 25-story tower and two other towers, a 25-story and a 16-story, growing out of an 8-story podium. The entire structure, constructed of reinforced cast-in-place concrete, sits on a common cellar. The roof of the cellar podium, in those areas which surround the towers, is landscaped and set two feet above the 100-year flood plain. This landscaped deck, open on one side to the river and waterfront esplanade, serves as an entry court and drop-off to both lobbies.