Brooklyn-based real estate development firm Hello Living, announced today the purchase of 1049 Washington Avenue in the South Bronx. Located in the Morrisania section of the Bronx, 1049 Washington Avenue will be reintroduced as a 104-unit condominium building, featuring 74,896 square feet of residential space, 48,364 square feet of community facilities, and 27,065 square feet for retail space. ND Architecture & Design, founded in 2004 by Nataliya Donskoy, is the architect of the project.
“Hello Living is excited to continue Building Stories in new boroughs, and through the acquisition of 1049 Washington Avenue, Hello W marks a new chapter for us in this dynamic Bronx neighborhood. Each of our projects are unique, with components that are tailored to the Hello Living brand, including light-filled apartments that maximize the square footage of both the indoor and outdoor spaces,” said Eli Karp, CEO and Founder of Hello Living. “This property is an optimal location, in an energetic part of the South Bronx, and we look forward to becoming a part of this vibrant, diverse neighborhood.”
The units ranging from studios to four bedrooms, will feature triple-pane windows and doors, stainless steel appliances, and Hello Living’s signature floor-through units with front and back terraces. The property is a 35-minute commute to Midtown Manhattan near the 2, 5 subway and Metro-North lines.