# 3305 3rd Avenue, The Bronx

Condominium · 60 units · built 2007 · Block 2369, Lot 7501.

On Umarelli: https://umarelli.org/nyc/2023697501/3305-third-avenue

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

## Building permits

- Alteration, filed Oct 14, 2025, estimated cost $5K, described as “Installation of pipe scaffolding per plans. Pipe scaffolding shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Feb 14, 2025, estimated cost $10K, described as “Installation of 300 psf sidewalk shed, yodock barriers and fence as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 1, 2024, estimated cost $93K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Major Renovation — Conversion, filed Aug 31, 2023, estimated cost $7.9M, 59 units added, 5 stories, described as “Application filed for Change of use at cellar to create accessory office to adult home; Renovation of existing adult home lobby; New Second elevator & shaft; Renovation/repair of all existing upper floor rooms; as per drawings filed…”

## Property taxes

- Assessment: $2,060,876
- 2026–27 tax: $68,733
- Market value (city estimate): $4,579,725
- Taxable value: $633,600
- Assessed land: $68,276
- Assessed improvements: $1,992,600
- Condo units with their own tax lots: 2

## Tax breaks

- Nonprofit exemption (mental or moral improvement), with no end date, about $177,539 a year below the full tax.

## Zoning

M1-1/R7-2: floor area ratio 4.41 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 4, 2018: $7,803,874

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

## Flood zone

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

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