550 Hunts Point Avenue, The Bronx
Commercial · built 1961 · Block 2769, Lot 161.
Building permits
- Alteration, filed Jul 26, 2021, estimated cost $30K, described as “#8358 - Replacement of handicapped ramp and modifications to existing parking lot. No change in egress, use, or occupancy.”
- Alteration, filed Jul 15, 2021, estimated cost $40K, described as “#8358 - Replacement of doors, replacement of existing office partition and door. No change in egress, use, or occupancy.”
Property taxes
- Assessment
- $408,600
- 2026–27 tax
- $40,488
- Market value (city estimate)
- $908,000
- Taxable value
- $373,230
- Assessed land
- $133,200
- Assessed improvements
- $275,400
Zoning
M1-2: floor area ratio 0.44 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone X, minimal flood hazard.
Recent sales
- Mar 9, 2020: $2,250,000, 6,391 sq ft ($352 per sq ft)
- Apr 1, 2019: $1,600,000
Open-market sales since 2016, from the Department of Finance’s sales files.