# 1047 Ogden Avenue, The Bronx

Apartment building · 45 units · built 2022 · Block 2525, Lot 25.

On Umarelli: https://umarelli.org/nyc/2025250025/1047-ogden-avenue

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

## Building permits

- New Building — Multi-Family, filed Sep 20, 2021, estimated cost $1.0M, 45 units, 7 stories, described as “Proposed 7 story mixed use building”
- Alteration, filed May 5, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed pipe scaffolding 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 Jun 28, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection, roof of protection and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 19, 2022, estimated cost $4K, described as “Foundation, earthwork and structural specifications filed in conjunction with gc job # X00579827-I1”

## Property taxes

- Assessment: $3,599,100
- 2026–27 tax: $38,777
- Market value (city estimate): $7,998,000
- Taxable value: $311,741
- Assessed land: $185,400
- Assessed improvements: $3,413,700

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $408,915 a year below the full tax.

## Zoning

R7-1: floor area ratio 6.45 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Oct 18, 2021: $1,850,000, sold with other lots

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 1047 Ogden Avenue in Highbridge, The Bronx](https://newyorkyimby.com/2021/09/permits-filed-for-1047-ogden-avenue-in-highbridge-the-bronx.html), New York YIMBY, Sep 25, 2021.

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