# 1008 Summit Avenue, The Bronx

Apartment building · 42 units · built c. 1916 · Block 2525, Lot 3.

On Umarelli: https://umarelli.org/nyc/2025250003/1008-summit-avenue

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

Every lot on block 2525: https://umarelli.org/nyc/bronx/2525.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $518,850
- Market value (city estimate): $1,153,000
- Taxable value: $0
- Assessed land: $42,750
- Assessed improvements: $476,100

## Tax breaks

- 420-c exemption, through Jun 30, 2046, about $64,540 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.37 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.

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
