Pioneering innovative partnerships
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quality of life and develop
Parkadon’s mission is to do the meaningful work of developing quality affordable housing. With expertise in complex financial analysis, debt and equity, deal structuring, design management, cost-effective contractor and construction oversight and day-to-day operations, the firm works closely with strategic partners in government and the nonprofit and private sectors to ensure that each project achieves its maximum potential. We believe that attractive residential architecture with superior construction, premium fixtures and finishes, reliable security and life-improving amenities can and should be accessible to all.
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.
All 64 apartments—affordable and market rate—feature high-quality fixtures and finishes, with oak flooring, ceramic tile and marble bathrooms and stainless steel kitchen appliances. Common spaces and amenities include a bright residential lobby with marble, hardwood and glass finishes, a brilliant large-scale mosaic by local Harlem-based artist Susan Stair, in partnership with the nonprofit Art in FLUX, a virtual doorman, onsite parking for 32 cars plus E-Charging stations, secure storage for bicycles, 54 private storage rooms, an indoor cardio gym and fitness center and a rooftop terrace. Ground floor space will house a medical office or other qualifying community facility. The building incorporates a powerful rooftop generator that will operate in ConEd’s Demand Response program as well as provide backup power to the building.
With a facade of limestone and red brick, 70 West 139th Street complements the contextual character of the neighborhood. This attractive new neighborhood addition improves the urban landscapes and enlivens the streetscape.
More information on 70 WEST from Douglas Elliman Real Estate.