# 844 Faile Street, The Bronx

Apartment building · 7 units · built 2024 · Block 2762, Lot 89.

On Umarelli: https://umarelli.org/nyc/2027620089/844-faile-street

More construction in Hunts Point: https://umarelli.org/nyc/bronx/hunts-point.md

## Building permits

- New Building — Multi-Family, filed Mar 23, 2023, estimated cost $884K, 7 units, 4 stories, described as “Construction of a 4-story new residential building as per plans filed.”
- Alteration, filed Jun 7, 2024, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Mar 25, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $285,300
- Market value (city estimate): $634,000
- Taxable value: $0
- Assessed land: $81,000
- Assessed improvements: $204,300

## Tax breaks

- Article XI exemption, through Jun 30, 2063, about $35,488 a year below the full tax.

## Zoning

R6: floor area ratio 1.59 built, 2.43 allowed by base zoning.

## Recent sales

- Aug 24, 2023: $227,500

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