773 Grote Street, The Bronx
Apartment building · 34 units · built 2022 · Block 3113, Lot 6.
Building permits
- New Building — Multi-Family, filed Apr 28, 2022, estimated cost $8.6M, 34 units, 8 stories, described as “New 8 story residential building”
- Alteration, filed Feb 28, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed and pipe scaffolding per plans. All equipment shall comply with chapter # 33 of the NYC code 2022, no changes in use egress or occupancy under this application.”
- Alteration, filed Jul 15, 2022, described as “Herewith Filing Roof Protection in Conjunction with GC # X00702219-I1”
- Alteration, filed May 13, 2022, estimated cost $497K, described as “Foundation and excavation in conjunction with NB application #X00702219-I1”
- Alteration, filed May 12, 2022, estimated cost $121K, described as “Support of excavation in conjunction with NB application #X00702219-I1”
- Alteration, filed Mar 23, 2022, estimated cost $5K, described as “Construction Fence filed in conjunction with, Demo application #220745656 and NB application # X00702219-I1”
Property taxes
- Assessment
- $2,118,600
- 2026–27 tax
- $8,039
- Market value (city estimate)
- $4,708,000
- Taxable value
- $64,628
- Assessed land
- $84,600
- Assessed improvements
- $2,034,000
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $255,494 a year below the full tax.
Zoning
R7-1: floor area ratio 3.68 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
- Apr 18, 2022: $1,500,000
- Jun 30, 2020: $1,300,000, 3,685 sq ft ($353 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 773 Grote Street in Belmont, The Bronx, New York YIMBY, Sep 26, 2024.