The Estela In Mott Haven, Affordable Luxury In The South Bronx

Today the Domain Companies announced the opening of Estela, the two-building rental development just thirty minutes from Harlem, NY.

The Estela, which has 380 market rates and 164 affordable rental apartments to Mott Haven, is 80 percent leased.

This milestone follows a year of leasing, with residents moving in as of May 2023. The Domain Companies provides in-house leasing for Estela, the fastest leasing new development in Mott Haven, from an on-site office. 

“Achieving eighty percent leased reflects the vibrant and unique offerings at the two buildings,” said Matt Schwartz, Co-CEO of the Domain Companies. “With extensive amenities, including expansive outdoor space, a dedicated shared workspace, sustainable design, retail on the ground floor of each building, and convenient access to transportation,  Estela offers a top-notch environment that tenants are truly excited about.  Our product resonates with the community, as evidenced by how quickly Estela has leased, becoming the fastest leasing new development in Mott Haven.”

“… (the) neighborhood is drawing people in with its vibrant cultural character.”

“With access to the new Bronx Point Park, Yankee Stadium, the Bronx Terminal Market, the Bronx Children’s Museum, and many other cultural institutions and proximity to a wide array of transportation, culinary experiences, employment opportunities, and more, Mott Haven is a bustling place people want to set roots,” said Jason Hill, Director of Marketing at the Domain Companies. “While Estela offers a dynamic residential environment, the broader Mott Haven neighborhood is drawing people in with its vibrant cultural character. Estela and Mott Haven complement one another, and from this new leasing milestone, we know how eager tenants are to become a part of these communities.” 

Estela combines premier amenities and classic New York design, emphasizing emboldening the neighborhood’s rich culture and historical character.

With over 35,000 square feet of residential amenities, which include multiple outdoor spaces, screening, a lounge, and game rooms, 24/7 concierge service, a dedicated shared workspace, and state-of-the-art gyms with double-height ceilings, a yoga room, and a children’s playroom, and more.

The building is pet-friendly and touts a pet spa and dog run for residents’ furry companions. Mott Haven Marketplace, a deli and grocer offering high-quality organic products, beverages, snacks, a full-service deli counter, a griddle, coffee and espresso machines, and fresh squeezed orange juice, opened in Estela’s ground floor this past May. 

Each apartment has stainless steel, energy-efficient appliances, and high-end design features, including open chef’s kitchens, custom cabinetry, energy-efficient windows revealing sweeping views and natural light, hardwood-finish plank flooring, and full-size washers and dryers. 

“… expected to receive LEED Platinum level certification …”

Both Estela buildings are expected to receive LEED Platinum level certification, the highest level possible. The building offers in-building parking with eight EV charging stations to encourage and support the use of electric vehicles, and cogeneration systems and PV (solar) panels produce energy to power the building.

Estela’s windows are acoustically upgraded, which reduces heat transfer and reduces energy consumption.

Additionally, the building design allows for rainwater harvesting, where rainwater is collected and reused for landscaping the building’s 15,000 square feet of outdoor space. 

Estela is located near major thoroughfares and is one stop from the Metro North line and the 2, 4, and 5 express train stations just three blocks away at 149th Street and Grand Concourse thirty minutes from Harlem, NY.

For more information, please visit https://estelabronx.com.

The Domain Companies

The Domain Companies is one of the nation’s leading real estate development and investment companies specializing in sustainable, mixed development.

Since its founding in 2004, Domain has been involved in over $2.5 billion of impactful, mixed-use real estate across various product types and markets. For more information, please visit https://thedomaincos.com/.

Photo credit: 1-3) The Domain Companies.