# 1046 Faile Street, The Bronx

Condominium · 36 units · built c. 1930 · Block 2748, Lot 7501.

On Umarelli: https://umarelli.org/nyc/2027487501/1046-faile-street

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

Every lot on block 2748: https://umarelli.org/nyc/bronx/2748.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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