# 1169 River Avenue, The Bronx

Condominium · 245 units · built 2020 · Block 2496, Lot 7501.

On Umarelli: https://umarelli.org/nyc/2024967501/1169-river-avenue

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

## Building permits

- Alteration, filed Nov 20, 2025, estimated cost $1K, described as “Hub: filing herewith underpinning systems as per plans in conjunction with NB/soe application X00871979.”
- Alteration, filed May 25, 2023, estimated cost $100K, described as “Installation of two (2) Generators to service the residential and community facility portion of the new building filed under NB # 210179705. No change in egress use or occupancy.”
- Alteration, filed Jan 26, 2023, estimated cost $10K, described as “Installation of three (3) Gas-Boilers on Roof in conjunction with NB # 210179705. No change in egress, use or occupancy.”
- Alteration, filed Nov 4, 2021, estimated cost $5K, described as “Filing for needle beam platform scaffolding application as per plans filed herewith. No change in egress, use or occupancy.”
- Alteration, filed Jun 21, 2021, estimated cost $200K, described as “To construct steel scaffold for construction of new building. No change of egress, use or occupancy.”
- Alteration, filed Mar 2, 2021, estimated cost $15K, described as “Installation of heavy duty sidewalk shed as per plans. Sidewalk shed shall comply with chapter 33 of the 2014 NYC building code.”
- Alteration, filed Mar 12, 2020, 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 the NYC building code.live load 300PSF.”
- Alteration, filed Mar 12, 2020, 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 the NYC building code.live load 300PSF.”
- Alteration, filed Mar 12, 2020, 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 the NYC building code.live load 300PSF.”
- Alteration, filed Mar 6, 2020, estimated cost $30K, described as “Installation of plywood fence during building demolition, filed separately. Plywood fence shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”

## Property taxes

- Assessment: $13,404,600
- 2026–27 tax: $258,405
- Market value (city estimate): $29,788,000
- Taxable value: $2,382,049
- Assessed land: $489,150
- Assessed improvements: $12,915,450
- Condo units with their own tax lots: 3

## Tax breaks

- 420-c exemption, through Jun 30, 2060, about $1,371,095 a year below the full tax.

## Zoning

R9A (part of the lot is R8): floor area ratio 7.40 built, 7.52 allowed by base zoning.

## Recent sales

- Jun 26, 2024: $4,750,586, Unit CU

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

[Supportive Housing Development Opens at 1159 River Avenue in Highbridge, The Bronx](https://newyorkyimby.com/2024/03/supportive-housing-development-opens-at-1159-river-avenue-in-highbridge-the-bronx.html), New York YIMBY, Mar 23, 2024.

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