# 525 Wales Avenue, The Bronx

House of worship · built c. 1931 · Block 2580, Lot 28.

On Umarelli: https://umarelli.org/nyc/2025800028/525-wales-avenue

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

## Building permits

- New Building — Large Residential, filed Oct 7, 2025, 160 units, 9 stories, described as “Construction of a new 9 story with cellar residential building”

## Property taxes

- Assessment: $845,100
- Market value (city estimate): $1,878,000
- Taxable value: $0
- Assessed land: $154,800
- Assessed improvements: $690,300

## Tax breaks

- Nonprofit exemption (parsonage), with no end date, about $13,708 a year below the full tax.
- Nonprofit exemption (house of worship), with no end date, about $77,968 a year below the full tax.

## Zoning

R7-1: floor area ratio 0.49 built, 3.44 allowed by base zoning.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 525 Wales Ave in Mott Haven, The Bronx](https://newyorkyimby.com/2025/10/permits-filed-for-525-wales-ave-in-mott-haven-the-bronx.html), New York YIMBY, Oct 13, 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