# 3 Avenue, The Bronx

Apartment building · 19 units · built 2022 · Block 2369, Lot 32.

On Umarelli: https://umarelli.org/nyc/2023690032/3311-3-avenue

More construction in Morrisania and Longwood: https://umarelli.org/nyc/bronx/morrisania-and-longwood.md

## Building permits

- New Building — Multi-Family, filed Mar 21, 2021, estimated cost $908K, 19 units, 4 stories, described as “Proposed new 4 story, cellar, & penthouse residential building.”
- Alteration, filed Sep 20, 2022, estimated cost $3K, described as “Installation of pipe scaffold as per plans, shall comply with chapter # 33 of the 2014 code.”
- Alteration, filed Aug 22, 2022, estimated cost $5K, described as “Installation of 185' new sidewalk shed at 3311 3rd ave as indicated on plans. There will be no change in the use, egress, or occupancy under this application.”
- Alteration, filed Jan 20, 2022, estimated cost $4K, described as “Foundation, earthwork and structural specifications filed in conjunction with gc /NB application # X00487532-I1”

## Property taxes

- Assessment: $771,750
- 2026–27 tax: $6,661
- Market value (city estimate): $1,715,000
- Taxable value: $53,550
- Assessed land: $84,150
- Assessed improvements: $687,600

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $89,337 a year below the full tax.

## Zoning

M1-1/R7-2: floor area ratio 4.15 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 8, 2021: $620,000

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

## Flood zone

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

## In the news

[Permits Filed for 3311 Third Avenue in Morrisania, The Bronx](https://newyorkyimby.com/2022/06/permits-filed-for-3311-3rd-avenue-in-morrisania-the-bronx.html), New York YIMBY, Jun 26, 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