940 Simpson Street, The Bronx
Apartment building · 44 units · built c. 1915 · Block 2724, Lot 101.
Building permits
- Alteration, filed Oct 14, 2026, estimated cost $9K, described as “Installation of 300PSF sidewalk shed as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Apr 29, 2026, estimated cost $1K, described as “Shoring for slab roof to be installed as per drawings.”
- Alteration, filed Apr 25, 2024, estimated cost $1K, described as “Propose to install non-advertising sign. No change in use, egress, or occupancy.”
- Alteration, filed Jan 6, 2022, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Nov 11, 2021, estimated cost $1K, described as “Propose to install awning. No change in use, egress, or occupancy.”
- Alteration, filed May 25, 2021, estimated cost $1K, described as “Propose to install awning. No change in use, egress, or occupancy.”
Property taxes
- Assessment
- $2,286,000
- 2026–27 tax
- $263,934
- Market value (city estimate)
- $5,080,000
- Taxable value
- $0
- Assessed land
- $66,150
- Assessed improvements
- $2,219,850
Tax breaks
- Article XI exemption, through Jun 30, 2027, about $284,356 a year below the full tax.
Zoning
C4-4: floor area ratio 5.12 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.