1046 Faile Street, The Bronx
Condominium · 36 units · built c. 1930 · Block 2748, Lot 7501.
Building permits
- Alteration, filed Aug 15, 2023, estimated cost $164K, described as “Propose to restore interior of gutted building as per plans submitted herewith. No change in use, occupancy, or means of egress.”
Property taxes
- Assessment
- $949,361
- 2026–27 tax
- $72,576
- Market value (city estimate)
- $2,109,694
- Taxable value
- $569,852
- Assessed land
- $84,949
- Assessed improvements
- $864,412
- Condo units with their own tax lots
- 36
Tax breaks
- J-51 exemption, through Jun 30, 2028, about $30,888 a year below the full tax.
Zoning
R7-1: floor area ratio 0.57 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 7, 2025: $270,000, Apt 1046A
- Jul 7, 2025: $300,000, Apt 1046C
- Jan 27, 2025: $180,000, Apt 1010A
- Oct 19, 2023: $229,000, Apt 1014A
- Oct 25, 2019: $167,209, Apt 1010A
- Oct 24, 2018: $192,234, Apt 1010A
- May 2, 2017: $125,000, Apt 1036B
Open-market sales since 2016, from the Department of Finance’s sales files.