# 781 Elsmere Place, The Bronx

Apartment building · 25 units · built 2021 · Block 2956, Lot 52.

On Umarelli: https://umarelli.org/nyc/2029560052/781-elsmere-place

More construction in East Tremont: https://umarelli.org/nyc/bronx/east-tremont.md

## Building permits

- Alteration, filed May 21, 2021, estimated cost $9K, described as “Alteration type 3 - construction equipment - scaffolding installation of pipe scaffold as per plans. Pipe scaffold shall comply withchapter 33 of the NYC building code. No change in use, egress or occupancy.”
- Alteration, filed Mar 4, 2021, estimated cost $40K, described as “Filing of Roof Protection plans in conjunction with NB Application # 240286800”
- Alteration, filed Jan 6, 2021, estimated cost $181K, described as “Sprinkler work filed in conjunction with NB Application #240286800”
- Alteration, filed Dec 3, 2020, estimated cost $360K, described as “Structural work filed in conjunction with NB Application # 240286800”
- Alteration, filed Dec 1, 2020, estimated cost $5K, described as “Curb Cut filing filed in conjunction with NB Application #240286800”
- Alteration, filed Dec 1, 2020, estimated cost $2K, described as “Construction Fence filed in conjunction with NB Application # 240286800”
- Alteration, filed Nov 30, 2020, estimated cost $206K, described as “Plumbing work to be done filed in conjunction with NB Application #240286800”
- Alteration, filed Nov 30, 2020, estimated cost $60K, described as “Mechanical work to be done in conjunction with NB Application # 240286800”
- Alteration, filed Sep 18, 2020, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Sep 17, 2020, estimated cost $5K, described as “Installation of temporary construction fence 300 Lin ft. for DM # 220734481. No change in use egress or occupancy.”
- Alteration, filed Sep 17, 2020, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”

## Property taxes

- Assessment: $1,279,800
- 2026–27 tax: $1,762
- Market value (city estimate): $2,844,000
- Taxable value: $14,164
- Assessed land: $131,850
- Assessed improvements: $1,147,950

## Tax breaks

- 421-a exemption, through Jun 30, 2057, about $157,432 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.38 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 19, 2020: $975,000, sold with other lots

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

[Renderings Revealed for 781 Elsmere Place in East Tremont, The Bronx](https://newyorkyimby.com/2021/02/renderings-revealed-for-781-elsmere-place-in-east-tremont-the-bronx.html), New York YIMBY, Feb 19, 2021.

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