586 River Avenue, The Bronx
College · built 2024 · Block 2354, Lot 1.
Building permits
- New Building — Non-residential, filed Mar 31, 2022, 6 stories, described as “Herewith filing for new 6 story school building.”
- Alteration, filed Sep 8, 2025, estimated cost $8K, described as “Non-illuminated non-advertising accessory sign for a school - success academy. No change of use, egress or occupancy.”
- Alteration, filed Sep 8, 2025, estimated cost $6K, described as “Non-illuminated non-advertising accessory sign for a school - success academy. No change of use, egress or occupancy.”
- Alteration, filed Sep 3, 2025, estimated cost $1K, described as “Installation of trolley beam scaffold & bulkhead scaffold as per plans. No change in egress, use, or occupancy.”
- Alteration, filed Jun 24, 2025, described as “Suspended Scaffold For Facade repair as shown on plans”
- Alteration, filed Jan 17, 2025, described as “Suspended scaffolding for facade restoration as shown on plans”
- Alteration, filed Jul 3, 2024, estimated cost $5K, described as “Installation of temporary scaffold construction equipment as per plans filed herewith.”
- Alteration, filed Jan 11, 2024, described as “Installation of temporary sidewalk shed as per plan. No change in use, egress or occupancy.”
- Alteration, filed Jan 5, 2024, estimated cost $20K, described as “Equipment use: dual 7000 # capacity personnel/material hoists during NB const, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Oct 12, 2023, estimated cost $10K, described as “Proposed to cap and remove sprinkler system in conjunction with full demo job # 220745022. No change to use, egress or occupancy under this application.”
- Alteration, filed Oct 12, 2023, estimated cost $160, described as “Mechanical means submitted for use of mechanical equipment at the time of demolition”
- No Work, filed Sep 28, 2023
- No Work, filed Sep 28, 2023
- No Work, filed Sep 22, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
- No Work, filed Sep 21, 2023
4 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $666,000
- Market value (city estimate)
- $1,480,000
- Taxable value
- $0
- Assessed land
- $666,000
Tax breaks
- Nonprofit exemption (nonprofit, use planned), with no end date, about $72,248 a year below the full tax.
Zoning
M1-2: floor area ratio 3.11 built, above the 2.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 29, 2021: $105,000,000
- Jul 26, 2019: $42,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Variance or special permit (Board of Standards and Appeals 5-04-BZ): Variance or special permit, Granted, filed Jan 7, 2004, decided Apr 13, 2004. Special Permit (§73-19) to permit the proposed construction and operation of a school, without sleeping accommodations on the site, Use Group 3, to be located in an M1-2 zoning district
In the news
SOM-Designed Charter School for Success Academy Progresses at 586 River Avenue in Concourse Village, The Bronx, New York YIMBY, Oct 30, 2024.