# 1387 University Avenue, The Bronx

Apartment building · 422 units · built 2025 · Block 2533, Lot 29.

On Umarelli: https://umarelli.org/nyc/2025330029/1387-university-avenue

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

## Building permits

- New Building — Tower, filed Dec 26, 2023, 422 units, 26 stories, described as “Proposed new 26 story mixed used building (hub consultation meeting took place on 10/24/2023 with dbc rami bitar)”
- Alteration, filed May 5, 2026, described as “Temporary suspended scaffold as per drawings during NB construction filed sep. Suspended scaffold shall comply with ch 33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Dec 30, 2025, estimated cost $647K, described as “Installation of solar panels on existing roof structure. No change in egress, use, or occupancy.”
- Alteration, filed Aug 15, 2025, estimated cost $1K, described as “Concrete Placing Boom Installation to Erect New Building”
- Alteration, filed Jul 18, 2025, estimated cost $10K, described as “Construction of temporary "construction shanty" as per drawings. No change in use, egress and occupancy.”
- Alteration, filed May 22, 2025, estimated cost $5K, described as “Use of temporary material platforms as per plans filed herewith. This application is filed in conjunction with NB X00980196-I1.”
- Alteration, filed May 9, 2025, estimated cost $1K, described as “Concrete Placing Boom Installation to erect new building”
- Alteration, filed Dec 5, 2024, estimated cost $31K, described as “Heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Dot permits by others for shed installed on roadway.”
- Alteration, filed Nov 22, 2024, estimated cost $10K, described as “Equipment use (undercliff hoist): single 7000 # capacity personnel hoist during NB const, filed sep. Hoist shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Nov 22, 2024, estimated cost $20K, described as “Equipment use (university hoists): dual 7000 # capacity personnel hoists during NB const, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application…”
- Demolition, filed Jun 18, 2024, estimated cost $700K, described as “Demolition of structure”
- Alteration, filed May 22, 2024, estimated cost $150K, described as “Filing for partial demolition on the 1ST & 2ND floor. No change to use, egress or occupancy.”
- Alteration, filed May 3, 2024, estimated cost $10K, described as “Installation of construction fence as per drawing.”

## Property taxes

- Assessment: $400,950
- 2026–27 tax: $15,295
- Market value (city estimate): $891,000
- Taxable value: $122,958
- Assessed land: $400,950

## Zoning

R7-1: floor area ratio 5.03 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 26, 2024: $11,911,350

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

[New Renderings Revealed For Highbridge At 1387 University Avenue in Highbridge, The Bronx](https://newyorkyimby.com/2025/01/new-renderings-revealed-for-highbridge-at-1387-university-avenue-in-highbridge-the-bronx.html), New York YIMBY, Jan 24, 2025.

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