# 1246 Teller Avenue, The Bronx

Apartment building · 10 units · built c. 1930 · Block 2431, Lot 7.

On Umarelli: https://umarelli.org/nyc/2024310007/1246-teller-avenue

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

## Building permits

- Major Renovation — Enlargement, filed Apr 13, 2022, estimated cost $380K, 7 units added, 3 stories, described as “Application filed herewith for interior renovations and increase in number of dwelling units from 3 to 10 within the existing bulk of 3 story residential building.”

## Property taxes

- Assessment: $268,200
- 2026–27 tax: $9,836
- Market value (city estimate): $596,000
- Taxable value: $79,072
- Assessed land: $87,300
- Assessed improvements: $180,900

## Zoning

R7-1: floor area ratio 1.64 built, 3.44 allowed by base zoning.

## Recent sales

- May 3, 2022: $400,000

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

## Flood zone

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

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