1258 Shakespeare Ave, The Bronx
Apartment building · 90 units · built 2022 · Block 2506, Lot 82.
Building permits
- New Building — Large Residential, filed Mar 14, 2022, 90 units, 7 stories, described as “Proposed seven (7) story residential building.”
- Alteration, filed Aug 23, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 23, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 4, 2022, estimated cost $1K, described as “Curb cut 10' filed in conjunction with NB job number: X00694049-I1”
- Alteration, filed Dec 16, 2021, estimated cost $1K, described as “Installation of a temporary construction fence filed in conjunction with NB application #X00694049-I1”
Property taxes
- Assessment
- $4,293,450
- 2026–27 tax
- $29,171
- Market value (city estimate)
- $9,541,000
- Taxable value
- $234,510
- Assessed land
- $339,750
- Assessed improvements
- $3,953,700
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $504,892 a year below the full tax.
Zoning
R7-1: floor area ratio 4.15 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 23, 2022: $700,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 1258 Shakespeare Avenue in Highbridge, The Bronx, New York YIMBY, Sep 28, 2023.