1503 Morris Avenue, The Bronx
Apartment building · 20 units · built c. 1920 · Block 2820, Lot 62.
Building permits
- Alteration, filed Dec 13, 2021, estimated cost $3K, described as “Installation of pipe scaffold as per plans, shall comply with chapter # 33 of the 2014 code.”
- Alteration, filed Jul 20, 2021, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 13, 2021, estimated cost $1K, described as “Installation of wood construction fence”
- Alteration, filed Mar 11, 2021, estimated cost $1K, described as “Mechanical specifications filed in conjunction with alt 1 job #220736611”
- Alteration, filed Jan 25, 2021, estimated cost $739K, described as “Proposed vertical extension, interior renovation to an existing 2 story residential use building.to a total of 20 residential units. Application filed in conjunction iwth alt 1 application #220736611”
Property taxes
- Assessment
- $853,200
- 2026–27 tax
- $2,006
- Market value (city estimate)
- $1,896,000
- Taxable value
- $16,123
- Assessed land
- $100,800
- Assessed improvements
- $752,400
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $104,124 a year below the full tax.
Zoning
R7-1: floor area ratio 2.47 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 23, 2020: $1,400,000, 3,216 sq ft ($435 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.