# 1670 Townsend Avenue, The Bronx

Apartment building · 25 units · built c. 1920 · Block 2848, Lot 50.

On Umarelli: https://umarelli.org/nyc/2028480050/1670-townsend-avenue

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

## 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.

## 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.

## Flood zone

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

## In the news

[Permits Filed for 1670 Townsend Avenue in Mount Hope, The Bronx](https://newyorkyimby.com/2022/07/permits-filed-for-1670-townsend-avenue-in-mount-hope-the-bronx.html), New York YIMBY, Jul 30, 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