979 Summit Avenue, The Bronx
Apartment building · 34 units · built 2016 · Block 2523, Lot 169.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $1,622,250
- 2026–27 tax
- $3,898
- Market value (city estimate)
- $3,605,000
- Taxable value
- $31,334
- Assessed land
- $245,250
- Assessed improvements
- $1,377,000
Tax breaks
- 421-a exemption, through Jun 30, 2034, about $197,894 a year below the full tax.
Zoning
R7-1 (part of the lot is M1-5): floor area ratio 4.14 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.