# 706 Faile Street, The Bronx

Apartment building · 20 units · built c. 1928 · Block 2763, Lot 185.

On Umarelli: https://umarelli.org/nyc/2027630185/706-faile-street

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

Every lot on block 2763: https://umarelli.org/nyc/bronx/2763.md

## Building permits

- Alteration, filed Jun 25, 2024, estimated cost $2K, described as “Install new illuminated sign read "empire city deli" as per plan. No change in use, egress, and occupancy.”
- Alteration, filed Dec 20, 2023, estimated cost $20K, described as “Filing for interior store remodeling at existing (Deli & Grocery) 1st Fl corner space. work to include refinish floor, interior finishes throughout. Work also to replace existing commercial range hood as per plans.”
- Alteration, filed Dec 6, 2018, estimated cost $8K, described as “Install illuminated sign as per plan. Addressing ecb violation# 35341873M”

## Property taxes

- Assessment: $981,900
- 2026–27 tax: $37,632
- Market value (city estimate): $2,182,000
- Taxable value: $497,002
- Assessed land: $20,250
- Assessed improvements: $961,650

## Tax breaks

- J-51 exemption, through Jun 30, 2059, about $54,495 a year below the full tax.
- J-51 abatement, through Jun 30, 2038, a $24,190 credit this tax year.

## Zoning

R6: floor area ratio 6.00 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## 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