Project · Westchester County, NY · Updated today
47 Riverdale Avenue rental development (Mitchell-Lama)
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Sourced from Westchester County meeting, May 18, 2026. ZoneWire tracks 61 projects in Westchester County, NY, updated within 24h of every meeting.
Where this stands
343 affordable rental units, all at 60% AMI or below; originally built 1975 as a Mitchell-Lama, redesigned 2009 with ~$4.8M county New Homes Land funding. Being sold by Related Companies to PRC, which plans extensive rehabilitation and future state refinancing; Wells Fargo providing bridge loan. 50-year affordability clock reset. Potential for additional development on site (parking).
- Project
- 47 Riverdale Avenue rental development (Mitchell-Lama)
- Asset class
- Residential
- Developer
- PRC
- Location
- 47 Riverdale Avenue (aka 34th Avenue), Yonkers
- County
- Westchester County, NY
- Jurisdiction
- Westchester County
- Current status
- Approved
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47 Riverdale Avenue rental development (Mitchell-Lama)
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