983 Summit Avenue, The Bronx

Apartment building · 9 units · built c. 1905 · Block 2523, Lot 166.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$597,150
2026–27 tax
$11,161
Market value (city estimate)
$1,327,000
Taxable value
$89,729
Assessed land
$5,850
Assessed improvements
$591,300

Zoning

R7-1 (part of the lot is M1-5): floor area ratio 3.44 built, 3.44 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

More construction in Highbridge and Morris Heights

Every lot on block 2523

Umarelli: construction in New York City and Jersey City