# 2401 3rd Avenue, The Bronx

Apartment building · 370 units · built 2019 · Block 2319, Lot 2.

On Umarelli: https://umarelli.org/nyc/2023190002/2401-3-avenue

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

## Building permits

- Alteration, filed Jun 9, 2026, described as “Installation of temporary suspended scaffold equipment.”
- Alteration, filed Jun 9, 2026, described as “Installation of industrial rope access for facade inspections.”
- Alteration, filed Oct 10, 2023, estimated cost $70K, described as “General construction work to include new interior tenant layout to existing Community Facility.”
- Alteration, filed Jun 28, 2023, estimated cost $9K, described as “Installation of a temporarily supported scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 3, 2022, estimated cost $1K, described as “Application for the installation of suspended scaffold at roof filed herein. No change in egress, use, or occupancy,”
- Alteration, filed May 12, 2022, estimated cost $1K, described as “Application for work to regrade site in an A-Zone in order to remove land from an area of Special Flood Hazard pursuant to RCNY 3606-02.”
- Alteration, filed Mar 10, 2022, estimated cost $1K, described as “Installation and use of existing Davits and suspended scaffolds as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 26, 2021, estimated cost $1K, described as “Installation of boilers in conjunction with new building application # 220151939.”
- Alteration, filed Nov 10, 2020, estimated cost $1K, described as “Installation of scaffold on 22nd fl terrace as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed May 12, 2020, estimated cost $1K, described as “Site drainage and utility work associated with NB #220151939.”
- Alteration, filed Feb 19, 2020, estimated cost $40K, described as “Installation of heavy duty sidewalk shed during NB construction, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC bldg code. No change in use, occupancy or egress under this application.”
- Alteration, filed Jul 17, 2019, estimated cost $1K, described as “Underground plumbing in conjunction with NB #220151939”

## Property taxes

- Assessment: $36,878,850
- 2026–27 tax: $110,751
- Market value (city estimate): $81,953,000
- Taxable value: $890,349
- Assessed land: $903,600
- Assessed improvements: $35,975,250

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $4,476,610 a year below the full tax.

## Zoning

M1-3/R8: floor area ratio 6.70 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 5, 2018: $39,600,000

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

## Flood zone

Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 11 ft (NGVD29).

## Board and land use applications

- 2401 Third Avenue (City Planning 2019X0249): Certification, Completed, filed Jan 7, 2021, decided Oct 21, 2021. This is a private application requesting a waterfront certification to facilitate the development of waterfront public access pursuant ZR 87-73, at 2401 Third Ave, Community District 1, Bronx.
- Special Harlem River Waterfront District Expansion (City Planning P2016X0056): Completed, decided Dec 16, 2017. This is a public application by the Department of City Planning requesting a (C 170413 ZMX) zoning map amendment and (N 170414 ZRX) zoning text amendment to modify the existing Special Harlem River Waterfront District to expand the HRW to…
- 2401 3rd Ave (S. Bronx Waterfront) (City Planning P2015X0218): Completed, decided Dec 15, 2015. This is a private application by 2401 3rd Avenue Associates Property LLC requesting a waterfront certification to facilitate development of waterfront public access for a mixed use development, at 1 2401 3rd Avenue in Mott Haven, Community…

## In the news

[Housing Lottery Launches for Third at Bankside, at 2401 3rd Avenue in Mott Haven, The Bronx](https://newyorkyimby.com/2022/01/housing-lottery-launches-for-third-at-bankside-at-2401-3rd-avenue-in-mott-haven-the-bronx.html), New York YIMBY, Jan 28, 2022.

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