831 Forest Avenue
Forest
Building: 15 unit residential building located at 831 Forest Avenue in the Woodstock neighborhood of the Bronx.
The subject is a 4.5-story, walk-up, multifamily building consisting of 15 residential units with 10,651 square feet of above-grade gross building area and 13,335 square feet of total GBA, including the cellar level, per the Zoning Diagram in the public record. Construction of the property was completed in 2024, and the first move-ins occurred in December. Currently, the subject is 100% occupied. Twelve of the subject’s units are affordable to 130% of AMI pursuant to the building’s 421-A tax benefit and are considered affordable units. The owner has opted to lease all 15 units via the CityFHEPS program.