# 1060 Clay Avenue, The Bronx

Two-family · built c. 1902 · Block 2425, Lot 12.

On Umarelli: https://umarelli.org/nyc/2024250012/1060-clay-avenue

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

## Building permits

- Major Renovation — Conversion, filed Jan 28, 2024, estimated cost $668K, 8 units added, 4 stories, described as “Proposed interior renovation to existing 3 story, basement & cellar residential use building converting into a total of 10 residential units”

## Property taxes

- Assessment: $55,920
- 2026–27 tax: $4,206
- Market value (city estimate): $932,000
- Taxable value: $21,194
- Assessed land: $10,920
- Assessed improvements: $45,000

## Zoning

R7-1: floor area ratio 1.74 built, 3.44 allowed by base zoning.

## Recent sales

- Aug 14, 2024: $725,000

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

## Flood zone

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

## Landmarks

Part of Clay Avenue Historic District (Historic District). 1 Landmarks Preservation Commission permit is on file.

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