581 Timpson Place, The Bronx
Apartment building · 72 units · built c. 1929 · Block 2603, Lot 35.
Building permits
- Alteration, filed Apr 13, 2026, estimated cost $12K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Feb 13, 2025, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Apr 14, 2021, estimated cost $2.9M, described as “Building rehabilitation as floows: exterior repairs, new building entry and vest. Doors, kitchen cabinet, bath. Wall/floor surface replacement, repair floor/wall surfaces, in each apt., new ph windows, no chnage in use, egress or occupancy.”
Property taxes
- Assessment
- $1,401,300
- 2026–27 tax
- $158,355
- Market value (city estimate)
- $3,114,000
- Taxable value
- $1,273,050
- Assessed land
- $80,100
- Assessed improvements
- $1,321,200
Zoning
R7-1: floor area ratio 4.22 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.