# 1047 Summit Avnue, The Bronx

Apartment building · 6 units · built 2006 · Block 2523, Lot 141.

On Umarelli: https://umarelli.org/nyc/2025230141/1047-summit-avnue

More construction in Highbridge and Morris Heights: https://umarelli.org/nyc/bronx/highbridge-and-morris-heights.md

Every lot on block 2523: https://umarelli.org/nyc/bronx/2523.md

## Building permits

- Alteration, filed Aug 2, 2021, estimated cost $100K, described as “Alteration type 1 application to existing 3 story + cellar. Existing 3 family proposed 4 family building. Merging two tax lots # 131 and #142 into sincle tax lot and single zoning lot.”
- Alteration, filed Aug 2, 2021, estimated cost $100K, described as “Alteration type 1 application to existing 3 story + cellar. Existing 3 family proposed 4 family building.”

## Property taxes

- Assessment: $357,750
- 2026–27 tax: $137
- Market value (city estimate): $795,000
- Taxable value: $1,105
- Assessed land: $54,450
- Assessed improvements: $303,300

## Tax breaks

- 421-a exemption, through Jun 30, 2034, about $44,363 a year below the full tax.

## Zoning

R7-1: floor area ratio 2.18 built, 3.44 allowed by base zoning.

## Recent sales

- Jun 7, 2016: $751,000, sold with other lots

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