# 307 Drake Street, The Bronx

Vacant land · Block 2775, Lot 155.

On Umarelli: https://umarelli.org/nyc/2027750155/307-drake-street

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

Every lot on block 2775: https://umarelli.org/nyc/bronx/2775.md

## Building permits

- New Building, filed Jul 14, 2021, estimated cost $635K, 1 story, described as “Proposed new one (1) story warehouse building. Obtain new certificate of occupancy.”

## Property taxes

- Assessment: $498,150
- Market value (city estimate): $1,107,000
- Taxable value: $0
- Assessed land: $498,150

## Tax breaks

- Nonprofit exemption (charitable), with no end date, about $54,039 a year below the full tax.

## Zoning

M1-2: floor area ratio 0.00 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.

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