La Terraza

Multiple Addresses

Property Type:

Affordable, Commercial

Number of Units:


Property Size:

136,730 SF

Part of L+M’s commitment to redevelopment in the South Bronx, La Terraza is a mixed-use development at 3100 Third Avenue between East 158th Street and Brook Avenue in Melrose Commons. The eight-story rental building includes 107 affordable residences, approximately 1,250 square feet of community space, approximately 9,000 square feet of retail space, and 32 parking spaces. La Terraza is an award winning mixed-use development and won the 2012 Multifamily Executive Award Project of the Year. The building opened for occupancy in 2011.


La Terraza wins Boston Society of Architects Design Award

La Terraza receives design award from The Boston Society of Architects.

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Multi Family Executive Award - Project of the Year: Mid-Rise

La Terazza wins 2012 MFE award for Project of the Year: Mid-Rise.

Novogradic Development of Distinction Awards

La Terraza wins 2012 Novogradac Development of Distinction Honorable Mention.

Affordable Housing Award - La Terraza

La Terraza wins 2011 Big Apple Brownfield Awards.