# 308 East 162nd Street, The Bronx

Parking · Block 2421, Lot 26.

On Umarelli: https://umarelli.org/nyc/2024210026/308-east-162-street

More construction in Melrose and Concourse: https://umarelli.org/nyc/bronx/melrose-and-concourse.md

## Building permits

- New Building — Mid-Rise, filed Jul 5, 2024, 84 units, 14 stories, described as “New 14 Story Residential Building”
- Alteration, filed Oct 8, 2026, estimated cost $11K, described as “Installation of 6000 lb single personnel hoist car as per plans during construction. Hoist shall comply with chapter #33 of the 2022 code. No change in use, egress, or occupancy under this application.”
- Alteration, filed Sep 23, 2026, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Jan 2, 2026, estimated cost $25K, described as “Filing for sub-slab depressurization system as per plans filed herewith. No changes in egress, use or occupancy.”
- Alteration, filed Apr 12, 2024, estimated cost $10K, described as “Temporary Construction Fence to Secure Property (335.34lf).”

## Property taxes

- Assessment: $319,500
- 2026–27 tax: $29,251
- Market value (city estimate): $710,000
- Taxable value: $269,640
- Assessed land: $279,450
- Assessed improvements: $40,050

## Zoning

R8A: floor area ratio 0.00 built, 6.02 allowed by base zoning.

## Recent sales

- Mar 28, 2024: $2,000,000

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 308 East 162nd Street in Concourse Village, The Bronx](https://newyorkyimby.com/2025/07/permits-filed-for-308-east-162nd-street-in-concourse-village-the-bronx.html), New York YIMBY, Jul 11, 2025.

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