# 1420 Stebbins Avenue, The Bronx

Apartment building · 73 units · built 2022 · Block 2965, Lot 42.

On Umarelli: https://umarelli.org/nyc/2029650042/1420-stebbins-avenue

More construction in Morrisania and Longwood: https://umarelli.org/nyc/bronx/morrisania-and-longwood.md

## Building permits

- New Building — Large Residential, filed Jun 30, 2021, estimated cost $6.0M, 73 units, 7 stories, described as “Proposed new seven story, penthouse, and cellar mixed use building.”
- Alteration, filed Sep 2, 2022, estimated cost $3K, described as “Mechanical application filed in conjunction with NB application # X00541811.”
- Alteration, filed Jan 14, 2022, estimated cost $1K, described as “Installation of temporary roof protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 14, 2022, described as “Installation of temporary pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 14, 2022, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Dec 30, 2021, estimated cost $3K, described as “Underground plumbing application filed herewith in conjuntion with plumbing application #X00567879.”
- Alteration, filed Dec 21, 2021, estimated cost $5K, described as “Sprinkler & Standpipe application filed in conjunction with NB application # X00541811.”
- Alteration, filed Dec 21, 2021, estimated cost $3K, described as “Plumbing application filed in conjunction with NB application # X00541811.”
- Alteration, filed Aug 29, 2021, estimated cost $3K, described as “Soe application filed herewith in conjunction with NB applicaiotn # X00541811”
- Alteration, filed Aug 23, 2021, estimated cost $3K, described as “Foundation/ earthwork application filed herewith in conjunction with NB applicaiotn # X00541811”
- Alteration, filed Aug 19, 2021, estimated cost $3K, described as “Structural application filed in conjunction with NB application # X00541811.”
- Alteration, filed Jul 13, 2021, estimated cost $3K, described as “Curb Cut application filed herewith in conjunction with New Building, Job #X00541811”
- Alteration, filed Jul 8, 2021, estimated cost $3K, described as “Installation of Construction fence in conjunction to New Building Job #X00541811”

## Property taxes

- Assessment: $3,882,600
- 2026–27 tax: $34,033
- Market value (city estimate): $8,628,000
- Taxable value: $273,600
- Assessed land: $463,050
- Assessed improvements: $3,419,550

## Tax breaks

- 421-a exemption, through Jun 30, 2058, about $448,924 a year below the full tax.

## Zoning

R7-1: floor area ratio 4.20 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Jun 28, 2021: $2,891,700, 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

[Permits Filed for 1420 Stebbins Avenue in Crotona Park East, The Bronx](https://newyorkyimby.com/2022/07/permits-filed-for-1420-stebbins-avenue-in-crotona-park-east-the-bronx.html), New York YIMBY, Jul 27, 2022.

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