1670 Townsend Avenue, The Bronx
Apartment building · 25 units · built c. 1920 · Block 2848, Lot 50.
Building permits
- Alteration, filed Dec 23, 2022, estimated cost $10K, described as “Installation of heavy duty sidewalk shed as per chapter 33 of NYCBC. No Change in use, egress, or occupancy”
- Alteration, filed May 9, 2022, estimated cost $2K, described as “Installation of initial footing foundation in conjunction with alt 1/gc application #X00527768-I1”
- Alteration, filed Apr 25, 2022, estimated cost $4K, described as “Structural, fo, & earth work specifications filed in conjunction with gc applicaton #X00527768-I1”
- Major Renovation — Enlargement, filed May 25, 2021, estimated cost $560K, 23 units added, 4 stories, described as “Propsing horizontal & vertical enlargemnt toax existing two story & basement building”
Property taxes
- Assessment
- $675,000
- 2026–27 tax
- $2,083
- Market value (city estimate)
- $1,500,000
- Taxable value
- $16,748
- Assessed land
- $74,700
- Assessed improvements
- $600,300
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $81,880 a year below the full tax.
Zoning
R8: floor area ratio 4.48 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 17, 2022: $890,000
- Feb 3, 2017: $565,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1670 Townsend Avenue in Mount Hope, The Bronx, New York YIMBY, Jul 30, 2022.