1959 Jerome Avenue, The Bronx
Vacant land · Block 2862, Lot 90.
Building permits
- New Building — Mid-Rise, filed Jan 18, 2023, 290 units, 15 stories, described as “NB filed to construct a new 15 story mixed use building of residential and commercial use to be reviewed via the HUB HPD Unit.”
- Alteration, filed Jan 23, 2026, estimated cost $1K, described as “Installation of sub-slab depressurization system including: sub-slab gravel andslotted/solid pvc piping; system manifolds and accessories; above ground interior steel piping;roof-mounted vent stack with a fan. All fees paid under NB…”
- Alteration, filed Dec 5, 2025, estimated cost $25K, described as “Installation of a temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 15, 2024, estimated cost $5K, described as “Installation of construction fence to protect site during full demo.”
- Alteration, filed Oct 15, 2024, estimated cost $5K, described as “Installation of construction site to protect during full demolition.”
- Alteration, filed Oct 10, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Oct 10, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed May 14, 2024, estimated cost $17K, described as “Installation of heavy-duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Nov 10, 2023, estimated cost $17K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Jul 15, 2020, estimated cost $15K, described as “Installation of plywood fence as per drawings. Plywood fence shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
Property taxes
- Assessment
- $231,750
- 2026–27 tax
- $23,432
- Market value (city estimate)
- $515,000
- Taxable value
- $216,000
- Assessed land
- $231,750
Zoning
C4-4D: floor area ratio 0.00 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 6, 2024: $22,577,500
- Apr 20, 2021: $13,926,960
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Foundations Underway For 333-Unit Building at 1959 Jerome Avenue in Morris Heights, The Bronx, New York YIMBY, Oct 26, 2026.