# 135 Marcy Place, The Bronx

Apartment building · 26 units · built 2023 · Block 2841, Lot 82.

On Umarelli: https://umarelli.org/nyc/2028410082/135-marcy-place

More construction in Melrose and Concourse: https://umarelli.org/nyc/bronx/melrose-and-concourse.md

## Building permits

- Alteration, filed Jul 13, 2023
- Alteration, filed May 16, 2023, estimated cost $2K, described as “Installation of heavy duty sidewalk shed and pipe scaffold as per chapter 33 of NYCBC. No change in use, egress, or occupancy”
- Major Renovation — Enlargement, filed Mar 30, 2022, estimated cost $2.2M, 24 units added, 6 stories, described as “Application filed herewith to propose the following; proposed 6 story vertical and horizontal enlargement w/ penthouse and cellar, increase dwelling units to 26 and obtain new certificate of occupancy.”

## Property taxes

- Assessment: $1,089,000
- 2026–27 tax: $1,853
- Market value (city estimate): $2,420,000
- Taxable value: $14,898
- Assessed land: $115,200
- Assessed improvements: $973,800

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $133,608 a year below the full tax.

## Zoning

R8: floor area ratio 4.43 built, 6.02 allowed by base zoning.

## Recent sales

- May 12, 2022: $1,400,000

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

[Permits Filed for 135 Marcy Place in Mount Eden, The Bronx](https://newyorkyimby.com/2024/01/permits-filed-for-135-marcy-place-in-mount-eden-the-bronx.html), New York YIMBY, Jan 13, 2024.

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