# 1821 Prospect Avenue, The Bronx

Apartment building · 33 units · built 2022 · Block 2949, Lot 72.

On Umarelli: https://umarelli.org/nyc/2029490072/1821-prospect-avenue

More construction in Crotona Park: https://umarelli.org/nyc/bronx/crotona-park.md

## Building permits

- Alteration, filed May 1, 2023, described as “Installation of temporary Suspended Scaffold 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 Apr 18, 2023, estimated cost $1K, described as “Curb cut filed in conjunction to new building application #210182327”
- Alteration, filed Feb 24, 2023, estimated cost $5K, described as “Installation of pipe scaffolding and roof protection 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 Feb 10, 2023, estimated cost $2K, described as “Installation of roof protection 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 Jun 24, 2021, estimated cost $35K, described as “Structural work type application, in conjunction to bis NB filing application #210182327”
- Alteration, filed Jun 10, 2021, estimated cost $39K, described as “New plumbing fixtures throughout the building, in conjuction to NB APPLICATION#210182327.”
- Alteration, filed Jun 10, 2021, estimated cost $175K, described as “Provide new split system with condensers , in conjuction with NB applicaition # 21082327.”
- Alteration, filed Apr 6, 2021, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”
- Alteration, filed Feb 18, 2021, estimated cost $5K, described as “Installation of sidewalk shed and over head protection as per plans.sidewalk shed live load will be 300 psf, shall comply with chapter # 33 of the 2014 code. No change in use, egress or occupancy.”
- Alteration, filed Dec 15, 2020, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application”

## Property taxes

- Assessment: $1,672,650
- 2026–27 tax: $3,455
- Market value (city estimate): $3,717,000
- Taxable value: $27,775
- Assessed land: $178,200
- Assessed improvements: $1,494,450

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $204,606 a year below the full tax.

## Zoning

R7-1: floor area ratio 2.71 built, 3.44 allowed by base zoning.

## Recent sales

- Mar 3, 2020: $985,000, 2,080 sq ft ($474 per sq ft)
- Dec 17, 2018: $705,000

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

[Housing Lottery Launches for 1821 Prospect Avenue In Crotona, The Bronx](https://newyorkyimby.com/2024/03/housing-lottery-launches-for-1821-prospect-avenue-in-crotona-the-bronx.html), New York YIMBY, Mar 22, 2024.

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