Lottery Now Open for 161 New Apartments in Melrose

A brand new development in the Melrose neighborhood of The Bronx that’s nearing completion is now accepting applications for some truly affordable units.

Cauldwell Avenue Apartments, located at 735 Cauldwell Avenue and E 156th Street, the development has 161 units with 3 bedrooms as low as $594/mo which is literally unheard of.

735 Cauldwell rising at 156th Street in Melrose/Image Courtesy of Stephen Cameron

Studios start at $331, 1 bedrooms at $426/mo, and 2 bedrooms as low as $521/mo but there are very limited number of these units that are set aside for those households making 30% of the Area Median Income.

Qualifying annual household incomes start at $13,303 for a family of 1 or 2 making 30% of the AMI and as high as $132,400 for a family of 7.

Some amenities are a part-time attended lobby, roof deck, a gym, laundry room, and party room.

You have until January 17, 2020 to apply and you can do so by clicking here.

As with all other posts regarding available apartments, please DO NOT CONTACT US as we are in no way connected to this or any other development.

Good luck!

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