1331 Morris Avenue, The Bronx
Apartment building · 25 units · built c. 1920 · Block 2816, Lot 57.
Building permits
- Alteration, filed Feb 22, 2023, estimated cost $8K, described as “Installation of heavy duty sidewalk shed as per chapter 33 of NYCBC. No change in use, egress, or occupancy”
- Alteration, filed May 18, 2022, estimated cost $200, described as “Filing Foundation and Support of Excavation in conjunction with primary application X00716434-I1”
- Major Renovation — Conversion, filed Apr 13, 2022, estimated cost $2.5M, 23 units added, 4 stories, described as “Proposed enlargement converting existing 2 story, 4 unit, into a 4 story + penthouse, 25 unit, residential building”
Property taxes
- Assessment
- $1,031,400
- 2026–27 tax
- $1,678
- Market value (city estimate)
- $2,292,000
- Taxable value
- $13,493
- Assessed land
- $76,500
- Assessed improvements
- $954,900
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $126,617 a year below the full tax.
Zoning
R7-1: floor area ratio 2.55 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 28, 2022: $1,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1331 Morris Avenue in Claremont, The Bronx, New York YIMBY, Feb 14, 2023.