1970 Crotona Avenue, The Bronx
Apartment building · 50 units · built 2024 · Block 3092, Lot 4.
Building permits
- New Building — Large Residential, filed Oct 7, 2022, estimated cost $12.5M, 50 units, 8 stories, described as “New 50-Unit Apartment building”
- Alteration, filed Jul 24, 2024, described as “Installation of suspended scaffold for facade inspection/repair.”
- Alteration, filed Mar 28, 2024, 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 Jun 2, 2023, estimated cost $4K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Demolition, filed Apr 27, 2023, estimated cost $30K, described as “Full demolition of a 2 story building. Using hand held equipment and mechanical means to remove foundations, load out debris and back-fill.”
- Demolition, filed Mar 16, 2023, estimated cost $40K, described as “Full demolition of a 3 story building. Using hand held equipment and mechanical means to remove foundations, load out debris and back-fill.”
Property taxes
- Assessment
- $3,120,300
- 2026–27 tax
- $7,847
- Market value (city estimate)
- $6,934,000
- Taxable value
- $63,083
- Assessed land
- $262,800
- Assessed improvements
- $2,857,500
Tax breaks
- 485-x exemption, through Jun 30, 2061, about $380,287 a year below the full tax.
Zoning
R7-1: floor area ratio 4.51 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
- Mar 20, 2023: $2,525,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Permits Filed for 1970 Crotona Avenue in Tremont, The Bronx, New York YIMBY, Apr 19, 2024.