1677 Townsend Avenue, The Bronx
Apartment building · 35 units · built 2022 · Block 2848, Lot 24.
Building permits
- New Building — Multi-Family, filed Aug 4, 2021, estimated cost $3.0M, 35 units, 7 stories, described as “New 7-story 35-family residential building”
- Alteration, filed Jul 6, 2022, estimated cost $1K, described as “Application for the installation of suspended scaffold filled here in. No changes in egress, use or occupancy.”
- Alteration, filed May 10, 2022, estimated cost $1K, described as “Installation of temporary needle beam as per plans. No change in use, egress or occupancy.”
- Alteration, filed May 6, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 19, 2022, estimated cost $1K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Apr 4, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $2,408,400
- 2026–27 tax
- $1,738
- Market value (city estimate)
- $5,352,000
- Taxable value
- $13,972
- Assessed land
- $78,750
- Assessed improvements
- $2,329,650
Tax breaks
- 421-a exemption, through Jun 30, 2058, about $297,843 a year below the full tax.
Zoning
R8: floor area ratio 6.97 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 22, 2021: $1,900,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1677 Townsend Avenue in Tremont, The Bronx, New York YIMBY, Sep 2, 2021.