261 Grand Concourse, The Bronx
Apartment building · 283 units · built 2024 · Block 2344, Lot 1.
Building permits
- New Building — Mid-Rise, filed Aug 9, 2021, 283 units, 14 stories, described as “Proposed fourteen (14) story residential project as per plans. A total of 2 Towers to be proposed on subject zoning lot. Building B, 315 Grand Concourse, job #X00673520-I1”
- Alteration, filed Oct 3, 2024, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 19, 2024, described as “Installation of temporary sidewalk shed as per plans. Section of shed is in the roadway and shall be permitted at d.o.t work shall comply with 2008 building code chapter 13. No change in use, egress or occupancy.”
- Alteration, filed Aug 16, 2024, estimated cost $4K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 16, 2024, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 4, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jul 14, 2021, estimated cost $10K, described as “Cap and removal of wet sprinkler system from 2ND to 1ST level at existing 2-story building. This job is in conjunction with full demolition JOB#220736372. No change of use, egress, or occupancy under this application.”
Property taxes
- Assessment
- $19,410,300
- 2026–27 tax
- $2,408,290
- Market value (city estimate)
- $43,134,000
- Taxable value
- $19,360,804
- Assessed land
- $291,150
- Assessed improvements
- $19,119,150
Zoning
C6-2A: floor area ratio 8.55 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 23, 2022: $14,500,000
- Aug 13, 2020: $9,000,000, 20,480 sq ft ($439 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Developer Secures $135 Million Loan for 261-315 Grand Concourse in Mott Haven, The Bronx, New York YIMBY, Sep 24, 2024.