# 978 Summit Avenue, The Bronx

Apartment building · 71 units · built 2024 · Block 2524, Lot 40.

On Umarelli: https://umarelli.org/nyc/2025240040/978-summit-avenue

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

## Building permits

- New Building — Large Residential, filed Mar 13, 2022, 71 units, 8 stories, described as “Proposed 8 story - mixed-use building”
- Alteration, filed Nov 8, 2024, estimated cost $3K, described as “Installation of a temporary engineered enclosure system as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Sep 27, 2024, estimated cost $10K, described as “Installation of 300 psf sidewalk shed, pipe scaffolding, and roof protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 26, 2024, estimated cost $3K, described as “Curb Cut application filed herewith in conjunction with New Building, Job #X00695405-I1”
- Alteration, filed Jul 3, 2024, estimated cost $1K, described as “Foundation and Earthwork filed in conjunction with NB #X00695405-I1”
- Alteration, filed Jul 3, 2024, estimated cost $3K, described as “SOE filed in conjunction with NB GC # X00695405-I1”
- Alteration, filed Jun 6, 2024, estimated cost $3K, described as “Underground Plumbing Work Type filed in conjunction with NB #X00695405-I1”
- Alteration, filed Apr 15, 2022, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Mar 31, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $5,297,400
- 2026–27 tax: $65,871
- Market value (city estimate): $11,772,000
- Taxable value: $529,554
- Assessed land: $425,700
- Assessed improvements: $4,871,700

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $593,072 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.44 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 24, 2019: $3,400,000
- Aug 24, 2017: $2,875,000

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

## Flood zone

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

## In the news

[Permits Filed for 978 Summit Avenue in Highbridge, The Bronx](https://newyorkyimby.com/2022/03/permits-filed-for-978-summit-avenue-in-highbridge-the-bronx.html), New York YIMBY, Mar 16, 2022.

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