# 592 Oak Terrace, The Bronx

Apartment building · 32 units · built c. 1925 · Block 2555, Lot 13.

On Umarelli: https://umarelli.org/nyc/2025550013/592-oak-terrace

More construction in Mott Haven and Port Morris: https://umarelli.org/nyc/bronx/mott-haven-and-port-morris.md

Every lot on block 2555: https://umarelli.org/nyc/bronx/2555.md

## Building permits

- Alteration, filed Feb 19, 2026, estimated cost $77K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Alteration, filed Apr 21, 2022, estimated cost $402K, described as “Facade restoration, parapet reconstruction, brick replacement, brick repointing, windowsill replacement, lintel replacement and stucco patch repair. No changes to egress, use or occupancy.”
- Alteration, filed Feb 28, 2022, estimated cost $8K, described as “Proposed installation of heavy duty sidewalk shed filed for remedial repairs as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2008…”

## Property taxes

- Assessment: $1,204,650
- Market value (city estimate): $2,677,000
- Taxable value: $0
- Assessed land: $30,150
- Assessed improvements: $1,174,500

## Tax breaks

- Article XI exemption, through Jun 30, 2048, about $149,846 a year below the full tax.

## Zoning

R6: floor area ratio 3.87 built, above the 2.43 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