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JLL has been retained on an exclusive basis to arrange for the sale of 329 East 132nd Street a newly built, 13-story residential building in Mott Haven.
MOTT HAVEN: EXPLODING DEVELOPMENT IN ONE OF NYC’S LAST UNDEVELOPED WATERFRONT MARKETS:
The booming Mott Haven submarket is rapidly developing and ready to enjoy the same growth story as better Brooklyn and LIC neighborhoods. Institutional investors such as Brookfield, RXR, CGS, Domain and Lightstone have poured over $2B of capital into new developments that will include the addition of over 7,300 new, residential units.
AMAZING VIEWS AND BEST-IN-CLASS AMENITIES:
329 East 132nd Street boasts sunlit, unobstructed south-facing views overlooking the Harlem River Waterfront and the Manhattan skyline. Residents will benefit from exceptional amenities, such as a furnished and landscaped roof deck, in-unit washers and dryers and modern living décor inside the units.
MANHATTAN PROXIMITY WITH SUPERIOR CONNECTIVITY:
The Bridgeline is located within Mott Haven’s southernmost submarket and provides excellent connection to highway and rail transportation, and easy access to midtown Manhattan.
SURROUNDED BY THRIVING RETAIL:
The Bridgeline is immediately adjacent to Mott Haven’s best, new Alexander and Lincoln Avenue retail. The addition of over several thousand new rental units will only increase the attractiveness of the area to additional retail/ restaurant tenants.
FAVORABLE DEMOGRAPHICS AND A COMPELLING VALUE PROPOSITION:
The Bronx is the City’s fastest growing and youngest borough: population is projected to increase by 14% between 2010 and 2040 and the area has experienced a 150% increase in its public and private employee population since 2011.