1654 Grand Avenue, The Bronx
Apartment building · 20 units · built c. 1930 · Block 2867, Lot 12.
Building permits
- Alteration, filed May 9, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed and pipe scaffolding as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed May 16, 2022, estimated cost $2K, described as “Installation of initial footing in conjunction with alt 1 application #X00712236-I1”
- Major Renovation — Conversion, filed Apr 4, 2022, estimated cost $287K, 18 units added, 4 stories, described as “Vertical enlargemnt to an existing 2 story & cellar residential building, converting into 4 story & penthouse 20 family residential building”
Property taxes
- Assessment
- $759,150
- 2026–27 tax
- $1,389
- Market value (city estimate)
- $1,687,000
- Taxable value
- $11,165
- Assessed land
- $82,800
- Assessed improvements
- $676,350
Tax breaks
- 421-a exemption, through Jun 30, 2060, about $93,042 a year below the full tax.
Zoning
R7-1: floor area ratio 3.27 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 14, 2022: $1,110,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1654 Grand Avenue in Morris Heights, The Bronx, New York YIMBY, Aug 20, 2022.