1245 Edward L Grant Highway, The Bronx
Apartment building · 110 units · built 2022 · Block 2506, Lot 54.
Building permits
- Alteration, filed Jul 20, 2023, estimated cost $1K, described as “Boiler Equipment installed in conjunction with a New Building.”
- Alteration, filed Nov 28, 2022, described as “Installation of temporary 4-Points Mason Scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Nov 16, 2022, described as “Installation of temporary 4-Points suspended scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 16, 2022, estimated cost $5K, described as “Installation of a needle beam overhead protection as per plans during NB construction. No change in use, egress or occupancy. Overhead protection to comply with 2014 NYC building code, chapter 33.”
- Alteration, filed Oct 18, 2021, estimated cost $1K, described as “Installation of a Temporary Standpipe filed in conjunction with New Building Application #240296657.”
- Alteration, filed Mar 3, 2021, estimated cost $1K, described as “Installation of plumbing fixtures and associated piping in conjunction with erection of 12 story residential building #240296657”
- Alteration, filed Mar 3, 2021, estimated cost $1K, described as “Combined sprinkler/standpipe system filed in conjunction with NB# 240296657.”
- Alteration, filed Mar 3, 2021, estimated cost $1K, described as “Mechanical work in conjunction of erection of 12 story residential building NB Filed under #240296657”
- Alteration, filed Feb 25, 2021, estimated cost $5K, described as “Nstallation of heavy duty sidewalk shed as per drawings submitted during general construction work. No change in use, egress or occupancy. Sidewalk shed to comply with chapter 33 of NYC building code of 2014.”
- Alteration, filed Feb 12, 2021, estimated cost $1K, described as “Installation of a construction of Fence in conjunction with demo application #220730234 and NB application #240296657”
- Alteration, filed Feb 1, 2021, estimated cost $1K, described as “Foundation work in conjunction with erection of 12 story residential building. The related job application numbers are: 240296657 and X00448391-I1”
- Alteration, filed Jan 27, 2021, estimated cost $1K, described as “Structural work filed in conjunction with erection of NB application#240296657”
Property taxes
- Assessment
- $6,398,550
- 2026–27 tax
- $88,441
- Market value (city estimate)
- $14,219,000
- Taxable value
- $711,000
- Assessed land
- $204,750
- Assessed improvements
- $6,193,800
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $707,474 a year below the full tax.
Zoning
R9A: floor area ratio 7.79 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 30, 2020: $6,100,000, 9,170 sq ft ($665 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Rendering Revealed for 1245 Edward L. Grant Highway in Highbridge, The Bronx, New York YIMBY, Feb 10, 2021.