# 106 Mt Hope Place, The Bronx

Apartment building · 44 units · built 2022 · Block 2805, Lot 10.

On Umarelli: https://umarelli.org/nyc/2028050010/106-mt-hope-place

More construction in Mount Hope and Mount Eden: https://umarelli.org/nyc/bronx/mount-hope-and-mount-eden.md

## Building permits

- New Building — Multi-Family, filed Jun 25, 2021, estimated cost $4.2M, 44 units, 8 stories, described as “Construction of new 8 Story Residential Building.”
- Alteration, filed Mar 17, 2022, estimated cost $9K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Dec 13, 2021, estimated cost $849K, described as “Structural work in conjunction with NB app#X00546393”
- Alteration, filed Oct 4, 2021, estimated cost $45K, described as “Earthwork and Foundation work filed in conjunction with NB #X00546393-I1”
- Alteration, filed Aug 19, 2021, estimated cost $25K, described as “Filing for temporary sidewalk shed on behalf of the owner. No change in use, occupancy, or egress.”
- Alteration, filed Jun 24, 2021, estimated cost $5K, described as “Construction Fence filed in conjunction with Demo Application #220738637 and NB Application # X00546393-I1”

## Property taxes

- Assessment: $2,624,400
- 2026–27 tax: $1,448
- Market value (city estimate): $5,832,000
- Taxable value: $11,644
- Assessed land: $128,250
- Assessed improvements: $2,496,150

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $325,001 a year below the full tax.

## Zoning

R8: floor area ratio 5.38 built, 6.02 allowed by base zoning.

## Recent sales

- Jun 10, 2021: $1,600,000

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

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Construction Now Complete at 106 Mt. Hope Place in Mount Hope, The Bronx](https://newyorkyimby.com/2023/02/construction-now-complete-at-106-mt-hope-place-in-mount-hope-the-bronx.html), New York YIMBY, Feb 6, 2023.

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