Belmont Site Set for 12-Unit Residential Development in New York’s Bronx

New York, USA | October 21, 2026: A new residential development could add 12 homes to Belmont in the Bronx, as permits have been filed for a four-story building at 2314 Cambreleng Avenue. The proposed project highlights continued residential development in the neighborhood, where several new housing projects are also moving forward.
The filing proposes a roughly 39-foot-tall masonry building with 12 residential units and a penthouse. The project would create about 6,602 square feet of residential space, with an average unit size of approximately 550 square feet.
12-Unit Building Proposed in Belmont
The planned development at 2314 Cambreleng Avenue is designed as a four-story residential building with a 30-foot rear yard. The permit application lists Xhuljano Shala as the owner, while Jakov Saric of Node Architecture, Engineering, Consulting PC is named as the architect of record.
Based on the relatively compact unit sizes, the apartments are expected to serve the rental market.
Existing Property Details Raise Questions
Property records indicate that the site has an existing structure dating to 1930, creating a discrepancy with descriptions of the location as a vacant development site.
Property records show the property occupies a 2,500-square-foot lot, with the existing structure recorded at about 1,113 square feet. The property was last sold for $690,000 in November 2025.
The available records also indicate that the existing building has been classified as a two-family property.
Residential Development Expands Nearby
The proposed project is part of a broader wave of residential activity around Cambreleng Avenue.
Another development at 2330 Cambreleng Avenue is planned as an eight-story residential building. The project is expected to include rental apartments along with community-facility space, an indoor recreation area and other amenities.
The emergence of multiple projects along the corridor could gradually increase the area's housing supply and introduce newer rental options for residents.
What This Means for the Local Housing Market
For renters, additional units could provide more housing choices in Belmont as new residential projects move through the development pipeline.
For property owners and investors, the filing signals continued interest in adding residential density in established Bronx neighborhoods. However, the project's final configuration, construction timeline and approvals will determine when the additional housing actually reaches the market.
What Buyers and Investors Should Check
Anyone tracking the project should verify the latest permit status, approved plans and any changes to the proposed number of units before making investment assumptions.
The existing property's records should also be reviewed carefully because available property databases appear to differ on the site's current condition and building details.
What Happens Next
The project will need to move through the city's permitting and approval process before construction can proceed. Further filings should clarify the final building design, unit configuration and construction timeline.
For investors and local residents, the next major milestone will be whether the proposed plans receive the necessary approvals and move from permit filings to actual construction.