# 590 Wales Avenue, The Bronx

Industrial · built c. 1920 · Block 2653, Lot 23.

On Umarelli: https://umarelli.org/nyc/2026530023/590-wales-avenue

More construction in Morrisania and Longwood: https://umarelli.org/nyc/bronx/morrisania-and-longwood.md

## Building permits

- New Building — Mid-Rise, filed Nov 18, 2025, 78 units, 10 stories, described as “Propose 8 story new building.”

## Property taxes

- Assessment: $305,550
- 2026–27 tax: $30,041
- Market value (city estimate): $679,000
- Taxable value: $276,930
- Assessed land: $108,000
- Assessed improvements: $197,550

## Zoning

R7-1: floor area ratio 1.00 built, 3.44 allowed by base zoning.

## Recent sales

- Jun 30, 2023: $3,750,000

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

[Permits Filed for 590 Wales Avenue in Melrose, The Bronx](https://newyorkyimby.com/2025/11/permits-filed-for-590-wales-avenue-in-melrose-the-bronx.html), New York YIMBY, Nov 22, 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