# 631 Drake Street, The Bronx

Industrial · built 2014 · Block 2766, Lot 265.

On Umarelli: https://umarelli.org/nyc/2027660265/631-drake-street

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

Every lot on block 2766: https://umarelli.org/nyc/bronx/2766.md

## 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.

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