997 Summit Avenue, The Bronx
Apartment building · 9 units · built c. 1905 · Block 2523, Lot 159.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $554,850
- Market value (city estimate)
- $1,233,000
- Taxable value
- $0
- Assessed land
- $4,950
- Assessed improvements
- $549,900
Tax breaks
- 420-c exemption, through Jun 30, 2046, about $69,018 a year below the full tax.
Zoning
R7-1 (part of the lot is M1-5): floor area ratio 3.47 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.