# 447 Willis Avenue, The Bronx

Commercial · built c. 1931 · Block 2307, Lot 17.

On Umarelli: https://umarelli.org/nyc/2023070017/381-east-145-street

More construction in Mott Haven and Port Morris: https://umarelli.org/nyc/bronx/mott-haven-and-port-morris.md

## Building permits

- New Building — Mid-Rise, filed Jun 18, 2026, 99 units, 10 stories, described as “(please assign to dev hub) proposed new 10 story and cellar mixed use building”
- Alteration, filed Mar 30, 2026, estimated cost $1K, described as “No work application filed to update metes and bounds, merging lot 24 and 17 as single zoning lot, remaining separate tax lots in conjunction with NB job #X01418945-I1”
- Alteration, filed Mar 30, 2026, estimated cost $1K, described as “No work application filed to update metes and bounds, merging lot 24 and 17 as single zoning lot, remaining separate tax lots in conjunction with NB application #X01418945-I1”
- Alteration, filed Aug 2, 2021, estimated cost $93K, described as “Install new HVAC split system,”
- Alteration, filed Dec 23, 2020, estimated cost $86K, described as “Replace relocate fixtures on existing rough-in, new fixtures”
- No Work, filed Oct 25, 2019

## Property taxes

- Assessment: $1,220,400
- 2026–27 tax: $131,674
- Market value (city estimate): $2,712,000
- Taxable value: $1,213,810
- Assessed land: $181,350
- Assessed improvements: $1,039,050

## Zoning

R6: floor area ratio 0.69 built, 2.43 allowed by base zoning.

## Recent sales

- Sep 20, 2021: $5,200,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology