972 Washington Avenue, The Bronx
Apartment building · 107 units · built 2020 · Block 2368, Lot 12.
Building permits
- Alteration, filed May 18, 2021, estimated cost $1K, described as “Install new heating boiler in cellar boiler room, all in conjunction with NB 210178966.”
- Alteration, filed Sep 11, 2020, estimated cost $244K, described as “Install new combined sprinkler/standpipe + new fire service in new 12 story residential building, all filed in conjunction with NB 210178966. Temporary SD installed under X00249755.”
- Alteration, filed May 18, 2020, estimated cost $7K, described as “Installation of pipe scaffold, roof protection and needle beams as per plans. All equipment shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
- Alteration, filed May 13, 2020, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 26, 2019, estimated cost $1K, described as “Filing herewith for installation of Fence filed in conjunction with NB# 210178966.”
- Alteration, filed Oct 24, 2019, estimated cost $5K, described as “Installation of sidewalk shed as per plans. Sidewalk shed live load 300 psf shall comply with chapter #33 of the 2014 code no change to use, egress or occupancy.”
- Alteration, filed Oct 22, 2019, estimated cost $1K, described as “Installation of temporary dry fire standpipe system with air pressurized alarm as per local laws 63 & 64 of 2009. This system for use during construction operations.”
- Alteration, filed Apr 17, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 13, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $5,431,050
- Market value (city estimate)
- $12,069,000
- Taxable value
- $0
- Assessed land
- $218,700
- Assessed improvements
- $5,212,350
Tax breaks
- 420-c exemption, through Jun 30, 2060, about $675,568 a year below the full tax.
Zoning
M1-1/R7-2: floor area ratio 8.64 built, above the 3.44 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 6, 2019: $3,382,533
- Jan 5, 2016: $1,620,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Affordable Housing Lottery Launches for 972 Washington Avenue in Morrisania, The Bronx, New York YIMBY, Apr 27, 2021.