# 1850 Jerome Avenue, The Bronx

Condominium · 164 units · built 2020 · Block 2851, Lot 7501.

On Umarelli: https://umarelli.org/nyc/2028517501/1850-jerome-avenue

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

## Building permits

- Alteration, filed Jul 8, 2026, estimated cost $60K, described as “Storefront and interior renovation to 1ST floor existing space. No change to use , occupancy or egress.”
- Alteration, filed Nov 9, 2023, estimated cost $8K, described as “Erect an non-illuminated sign on wall. Not within view of arterial highway or public park 1/2 acre or more. No change in use, egress or occupancy.”
- Alteration, filed Sep 7, 2021, described as “Suspended scaffold on NB construction as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jun 19, 2021, estimated cost $3K, described as “Proposed 15' curb cut in conjunction with NB #220601695.”
- Alteration, filed Aug 20, 2020, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 18, 2020, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Nov 27, 2019, estimated cost $10K, described as “Temporary Standpipe during construction.”
- Alteration, filed Mar 19, 2018, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”

## Property taxes

- Assessment: $13,240,801
- 2026–27 tax: $55,423
- Market value (city estimate): $29,424,000
- Taxable value: $2,495,541
- Assessed land: $225,451
- Assessed improvements: $13,015,350
- Condo units with their own tax lots: 4

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $1,293,217 a year below the full tax.

## Zoning

R7D (part of the lot is R8): floor area ratio 13.19 built, above the 4.66 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Housing Lottery Launches for 2 Mount Hope Place in Morris Heights, The Bronx](https://newyorkyimby.com/2022/08/housing-lottery-launches-for-2-mount-hope-place-in-morris-heights-the-bronx.html), New York YIMBY, Aug 31, 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