631 Drake Street, The Bronx
Industrial · built 2014 · Block 2766, Lot 265.
Building permits
- Alteration, filed Jan 13, 2021, estimated cost $343K, described as “Structural application herewith filed for new one story warehouse building in conjunction with one story new building job # 220714555.”
- Alteration, filed Jan 8, 2021, estimated cost $5K, described as “Curb cut herewith filed in conjunction with application 220714555. No change in occupancy, use or egress.”
- Alteration, filed Jan 8, 2021, estimated cost $12K, described as “Plumbing work herewith filed in conjunction with application 220714555 for 2pc restroom @ ground fl and controlled flwo roof drains @ roof . No change in occupancy, use or egress.”
- Alteration, filed Dec 9, 2020, estimated cost $5K, described as “Temporary construction fence herewith filed. No change in occupancy, use or egress.”
Property taxes
- Assessment
- $1,208,700
- 2026–27 tax
- $80,150
- Market value (city estimate)
- $2,686,000
- Taxable value
- $1,140,930
- Assessed land
- $164,700
- Assessed improvements
- $1,044,000
Tax breaks
- ICAP abatement, through Jun 30, 2049, a $43,618 credit this tax year.
Zoning
M1-2: floor area ratio 1.13 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.