# 773 Grote Street, The Bronx

Apartment building · 34 units · built 2022 · Block 3113, Lot 6.

On Umarelli: https://umarelli.org/nyc/2031130006/773-grote-street

More construction in Belmont: https://umarelli.org/nyc/bronx/belmont.md

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Housing Lottery Launches for 773 Grote Street in Belmont, The Bronx](https://newyorkyimby.com/2024/09/housing-lottery-launches-for-773-grote-street-in-belmont-the-bronx.html), New York YIMBY, Sep 26, 2024.

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