# 947 College Avenue, The Bronx

Apartment building · 34 units · built 2024 · Block 2423, Lot 38.

On Umarelli: https://umarelli.org/nyc/2024230038/947-college-avenue

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

## Building permits

- Alteration, filed Mar 26, 2025, described as “Installation of temp needle beam 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 Jan 8, 2025, estimated cost $9K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 14, 2024, estimated cost $9K, described as “Installation of 300PSF sidewalk shed as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Feb 20, 2024, estimated cost $1K, described as “Install sprinkler system per plans filed herewith. The system is hydraulically calculated.”
- Alteration, filed Oct 7, 2022, estimated cost $2K, described as “- new curb cut”
- Alteration, filed Jul 11, 2022, estimated cost $3K, described as “Temporary construction fence”
- Alteration, filed Oct 1, 2018, estimated cost $5K, described as “This application is being filed for temporary fence.”

## Property taxes

- Assessment: $1,005,750
- 2026–27 tax: $1,867
- Market value (city estimate): $2,235,000
- Taxable value: $15,007
- Assessed land: $292,950
- Assessed improvements: $712,800

## Tax breaks

- 421-a exemption, through Jun 30, 2061, about $123,239 a year below the full tax.

## Zoning

R7-1: floor area ratio 2.21 built, 3.44 allowed by base zoning.

## Recent sales

- Mar 29, 2017: $155,000

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

[Housing Lottery Launches for 947 College Avenue in Concourse Village, The Bronx](https://newyorkyimby.com/2025/08/housing-lottery-launches-for-947-college-avenue-in-concourse-village-the-bronx.html), New York YIMBY, Aug 9, 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