1472 Shakespeare Avenue, The Bronx
Apartment building · 34 units · built 2022 · Block 2872, Lot 120.
Building permits
- New Building — Multi-Family, filed Aug 19, 2021, estimated cost $6.7M, 34 units, 7 stories, described as “New 7 story Residential Building”
- Alteration, filed Jul 29, 2022, described as “Herewith Filing New Plumbing Installation as per plans in conjunction with GC #X00558445-I1”
- Alteration, filed Jul 29, 2022, estimated cost $118K, described as “Installation of new Mechanical systems as per plans in conjunction with GC# X00558445.”
- Alteration, filed Jul 25, 2022, estimated cost $5K, described as “Installation of 300PSF sidewalk shed, overhead protection and pipe scaffolding as per plans, all equipment shall comply with chapter # 33 of the NYC code 2014, no changes in use egress or occupancy under this application.”
- Alteration, filed Jul 21, 2022, described as “Herewith Filing New Sprinkler System Installation in Conjunction with GC # X00558445-I1”
- Alteration, filed Mar 15, 2022, estimated cost $342K, described as “Foundation and excavation in conjunction with NB app #X00558445-I1”
- Alteration, filed Mar 4, 2022, estimated cost $123K, described as “Support of excavation in conjunction with NB app #X00558445-I1”
- Alteration, filed Jan 3, 2022, estimated cost $5K, described as “Curb Cut filing filed in conjunction with NB Application #X00538823-I1”
- Alteration, filed Jul 20, 2021, estimated cost $5K, described as “Construction Fence filed in conjunction with NB Application # X00558445-I1”
- Alteration, filed May 2, 2019, estimated cost $3K, described as “8 ft plywood fence”
- Alteration, filed Aug 29, 2018, estimated cost $8K, described as “To construct a 8 foot ply wood fence for a demolition of a house & garage”
Property taxes
- Assessment
- $2,135,250
- 2026–27 tax
- $1,581
- Market value (city estimate)
- $4,745,000
- Taxable value
- $12,710
- Assessed land
- $245,700
- Assessed improvements
- $1,889,550
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $264,023 a year below the full tax.
Zoning
R7-1: floor area ratio 3.81 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 12, 2021: $1,850,000
- May 22, 2018: $990,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1472 Shakespeare Avenue in Highbridge, The Bronx, New York YIMBY, Jul 28, 2022.