# 1506 Southern Boulevard, The Bronx

Apartment building · 29 units · built 2023 · Block 2981, Lot 19.

On Umarelli: https://umarelli.org/nyc/2029810019/1506-southern-boulevard

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

## Building permits

- New Building — Multi-Family, filed Jan 28, 2022, estimated cost $5.0M, 29 units, 8 stories, early work permitted while the building plans are in review, described as “Proposed New Building 8-Stories, Mix-use & 29 residential units”
- Alteration, filed Jul 30, 2023, estimated cost $9K, described as “Installation of 300PSF sidewalk shed as per plans. All equipment shall comply with ch #33 of the NYC code 2022. No change in use, occupancy or egress under this application.”
- Alteration, filed Aug 19, 2022, estimated cost $1K, described as “Provide new boilers in conjunction with NB application #X00668558”
- Alteration, filed Apr 13, 2022, estimated cost $8K, described as “8' high solid fence around property perimeter.”

## Property taxes

- Assessment: $1,889,100
- 2026–27 tax: $226,680
- Market value (city estimate): $4,198,000
- Taxable value: $1,822,332
- Assessed land: $192,600
- Assessed improvements: $1,696,500

## Zoning

R7-1: floor area ratio 4.46 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Nov 9, 2021: $1,325,000

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

[Permits Filed for 1506 Southern Boulevard in Crotona Park East, The Bronx](https://newyorkyimby.com/2022/02/permits-filed-for-1506-southern-boulevard-in-crotona-park-east-the-bronx.html), New York YIMBY, Feb 2, 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