1073 Summit Avnue, The Bronx
Apartment building · 105 units · built 2011 · Block 2526, Lot 76.
Building permits
- Alteration, filed May 12, 2023, described as “Installation of temporary suspended scaffold per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 13, 2021, estimated cost $1K, described as “Tenant fit out for community facility space at first floor in conjunction with NB Application 220704744.”
- Alteration, filed Dec 10, 2021, estimated cost $1K, described as “Mechanical related to tenant fit out for community facility space at 1st floor. Fit out application #X00643768, NB application #220704744.”
- Alteration, filed Dec 10, 2021, estimated cost $1K, described as “Sprinkler related to tenant fit out for community facility space at 1st floor. Fit out application #X00643768, NB application #220704744.”
- Alteration, filed Dec 10, 2021, estimated cost $1K, described as “Plumbing related to tenant fit out for community facility space at 1st floor. Fit out application #X00643768, NB application #220704744.”
- Alteration, filed Aug 13, 2021, estimated cost $1K, described as “Boiler Equipment filed in conjunction with a new building located at 1073 Summit Avenue, Bronx.”
- Alteration, filed Dec 3, 2020, estimated cost $5K, described as “Installation of pipe scaffold as per drawings during general construction work. No change in use, egress, or occupancy. Scaffold to comply with chapter 33 of NYC building of 2014.”
- Alteration, filed Dec 2, 2020, estimated cost $5K, described as “Installation of heavy duty sidewalk shed as per drawings during general construction work. No change in use, egress, or occupancy. Sidewalk shed to comply with chapter 33 of NYC building of 2014.”
- Alteration, filed Aug 25, 2020, estimated cost $1K, described as “Installation of temp standpipe in conjunction with NB# 220704744”
- Alteration, filed Jul 15, 2020, estimated cost $1K, described as “Structural work in conjunction with erection of a new building.”
- Alteration, filed Jun 16, 2020, estimated cost $1K, described as “Mechanical work type filed in conjunction with NB application#220704744.”
- Alteration, filed Jun 16, 2020, estimated cost $1K, described as “Plumbing work in conjunction with New Building application #220704744.”
- Alteration, filed Jun 16, 2020, estimated cost $1K, described as “Sprinkler and Standpipe work in conjunction with NB application#220704744.”
- Alteration, filed Jun 8, 2020, estimated cost $1K, described as “Installation of a construction fence in conjunction with Demo & New Building applications”
Property taxes
- Assessment
- $6,228,900
- 2026–27 tax
- $29,701
- Market value (city estimate)
- $13,842,000
- Taxable value
- $238,775
- Assessed land
- $383,400
- Assessed improvements
- $5,845,500
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $745,112 a year below the full tax.
Zoning
R7-1: floor area ratio 4.51 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.
Recent sales
- May 15, 2020: $4,350,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 1073 Summit Avenue in Highbridge, The Bronx, New York YIMBY, Feb 12, 2022.