# 53 East 177th Street, The Bronx

Apartment building · 81 units · built 2022 · Block 2828, Lot 1.

On Umarelli: https://umarelli.org/nyc/2028280001/53-east-177-street

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

## Building permits

- New Building — Large Residential, filed Apr 14, 2022, estimated cost $4.5M, 81 units, 8 stories, described as “Proposed 8 story mixed use building. Total of 81 residential units.”
- Alteration, filed Nov 25, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection, roof protection and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the NYC code. No change in use, egress or occupancy under this application.”
- Alteration, filed May 26, 2022, described as “Filing Foundation in conjunction with primary application X00718144-I1”

## Property taxes

- Assessment: $3,202,200
- 2026–27 tax: $10,557
- Market value (city estimate): $7,116,000
- Taxable value: $84,870
- Assessed land: $58,500
- Assessed improvements: $3,143,700

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $387,765 a year below the full tax.

## Zoning

R8: floor area ratio 6.71 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- May 9, 2022: $4,125,000

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

## Flood zone

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

## Board and land use applications

- Change to an earlier grant (Board of Standards and Appeals 704-59-BZII): Change to an earlier grant, Granted, filed May 9, 2016, decided Nov 21, 2017. Extension of Term (§11-411) of a previously approved variance which permitted a parking lot (UG 8) which expired on June 3, 2010; Waiver of the Rules. R8 zoning district
- Change to an earlier grant (Board of Standards and Appeals 704-59-BZ): Change to an earlier grant, Granted, filed Dec 5, 2006, decided Jul 24, 2007. Extension of Term/waiver of the rules for a previously granted variance of a UG8 Parking lot for more than five motor vehicles which expired on June 3, 2000 in an R8 zoning district.

## In the news

[Permits Filed for 53 East 177th Street in Mt. Hope, The Bronx](https://newyorkyimby.com/2022/04/permits-filed-for-53-east-177th-street-in-mt-hope-the-bronx.html), New York YIMBY, Apr 18, 2022.

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