# 1171 Oak Point Avenue, The Bronx

Industrial · built 1951 · Block 2768, Lot 65.

On Umarelli: https://umarelli.org/nyc/2027680065/1171-oak-point-avenue

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

Every lot on block 2768: https://umarelli.org/nyc/bronx/2768.md

## Building permits

- Alteration, filed Jan 22, 2026, estimated cost $350K, described as “Propose to change existing warehouse space to commercial amusement. General construction and mechanical work as per plan. Obtain new certificate of occupancy.”
- Alteration, filed Sep 2, 2025, estimated cost $214K, described as “Propose to repair existing concrete ramp & slab and remove a platform as per plan. Remedy ecb violation # 3528544P. No change in use, egress or occupancy.”
- Alteration, filed Sep 16, 2020, estimated cost $32K, described as “Installation of new ceiling hung furnaces, new pas piping and meter setup”
- Alteration, filed Sep 14, 2020, estimated cost $32K, described as “Installation of new ceiling hung furnaces, new pas piping and meter setup”

## Property taxes

- Assessment: $2,047,500
- 2026–27 tax: $181,888
- Market value (city estimate): $4,550,000
- Taxable value: $1,676,700
- Assessed land: $540,000
- Assessed improvements: $1,507,500

## Zoning

M1-2: floor area ratio 1.03 built, 2.00 allowed by base zoning.

## Recent sales

- Dec 14, 2017: $10,000,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

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