581 East 161st Street, The Bronx
Vacant land · Block 2620, Lot 50.
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Building permits
- New Building — Mid-Rise, filed May 15, 2025, 83 units, 11 stories, described as “Hub consultation held and accepted on 5/20/2025 with dbc rami bitar. Propose a new 11-story residential building (use group ii & iiia) with a sub-cellar & cellar as per plan. Obtain new c of o.”
Property taxes
- Assessment
- $270,450
- 2026–27 tax
- $12,235
- Assessed land
- $270,450
Zoning
R7-2: floor area ratio 0.00 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 30, 2023: $3,350,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 893 Eagle Avenue Rezoning (City Planning P2018X0270): Zoning map change, Zoning text change, Special permit, Completed, decided Dec 30, 2025. A series of ULURP and non-ULURP actions to facilitate the development of a new eleven-story plus cellar and sub-cellar 55,324 sf community facility building with 83 affordable and supportive housing units with counseling offices and…
In the news
Permits Filed for 581 East 161st Street in Morrisania, The Bronx, New York YIMBY, May 21, 2025.