Located in the New York City borough of the Bronx, Melrose is a residential area to the north of Mott Haven and west of Longwood, and is recognized as part of the South Bronx. It is a rectangular neighborhood, with Third Avenue forming the eastern border, 149th Street to the south, Park Avenue to the west, and 161st Street to the north. Melrose Avenue and Third Avenue are the primary thoroughfares running through the area. The Hub-Third Avenue Business Improvement District is a well-known local shopping district situated at the point where five major roads meet, such as East 149th Street, Westchester, Willis, Melrose, and Third Avenues. This retail area is second in size to Fordham Road. The property is located is a retail corridor, near mass transportation, schools and across the street of the new Boricua College in a high-density area. The property is steps away from the new Boricua Village over 700 rental units, Saint Ann’ s Apartments over 660 rental units, La Central: South Bronx’s newest rental community consisting of 992 rental units, and a 50,000 SF state-of-the-art YMCA