# 1034 Kelly Street, The Bronx

Apartment building · 9 units · built 2023 · Block 2716, Lot 2.

On Umarelli: https://umarelli.org/nyc/2027160002/1034-kelly-street

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

## Building permits

- New Building — Multi-Family, filed Mar 25, 2022, estimated cost $1.4M, 9 units, 4 stories, described as “New 4 story residential building”
- Alteration, filed Jun 22, 2023, estimated cost $10K, described as “Installation of temporary sidewalk shed at the facade of property. Temporary supported scaffolding to be installed on top of the sidewalk shed and rear yard. No change in use, egress or occupancy.”
- Alteration, filed May 23, 2022, estimated cost $69K, described as “Foundation and excavation work in conjunction with NB application #X00701794-I1”
- Alteration, filed Mar 25, 2022, estimated cost $5K, described as “Construction Fence filed in conjunction with NB application #X00701794-I1”

## Property taxes

- Assessment: $293,850
- 2026–27 tax: $167
- Market value (city estimate): $653,000
- Taxable value: $1,342
- Assessed land: $60,750
- Assessed improvements: $233,100

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $36,385 a year below the full tax.

## Zoning

R7-1: floor area ratio 2.56 built, 3.44 allowed by base zoning.

## Recent sales

- Mar 16, 2023: $400,000

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

[Housing Lottery Launches for 1034 Kelly Street in Longwood, The Bronx](https://newyorkyimby.com/2024/05/housing-lottery-launches-for-1034-kelly-street-in-longwood-the-bronx.html), New York YIMBY, May 20, 2024.

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