1051 Summit Avnue, The Bronx
Apartment building · 6 units · built 2006 · Block 2523, Lot 139.
Building permits
- Alteration, filed Aug 9, 2021, estimated cost $100K, described as “Alteration type 1 application to existing 3 story + cellar, existing 3 family proposed 4 family.”
- Alteration, filed Aug 9, 2021, estimated cost $100K, described as “Alteration type 1 application to existing 3 story + cellar, existing 3 family proposed 4 family.”
Property taxes
- Assessment
- $357,750
- 2026–27 tax
- $124
- Market value (city estimate)
- $795,000
- Taxable value
- $995
- Assessed land
- $51,750
- Assessed improvements
- $306,000
Tax breaks
- 421-a exemption, through Jun 30, 2034, about $44,377 a year below the full tax.
Zoning
R7-1: floor area ratio 2.29 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 7, 2016: $751,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.