70 WEST 139TH STREET
This exciting new development encourages affordable, quality home ownership in one of New York City’s most storied neighborhoods in the heart of Harlem. 70 West 139th Street is an eight-story, 64-unit condominium building featuring 42 affordable apartments for families with incomes between 90% and 165% of the Area Median Income (AMI), as well as 21 market-rate residences. With a facade of limestone and red brick, the building complements the contextual character of the neighborhood. This attractive new neighborhood addition improves the urban landscapes and enlivens the streetscape.
70 West 139th Street is a joint venture between Parkadon and the nonprofit New York Housing Partnership, an organization that works with the NYC Department of Housing Preservation and Development and the New York State Affordable Housing Corporation to revitalize neighborhoods through the creation of affordable housing via dynamic partnership between the public and private sectors.
Groundbreaking took place in June 2015, and the lottery process for the affordable housing units culminated in February 2017, with sales of the market-rate apartments launching in Summer 2017. Construction will be completed in Winter 2017 when 70 West 139th Street will welcome its new homeowners.