2575 Sedgwick Avenue, The Bronx
Apartment building · 86 units · built 1952 · Block 3237, Lot 133.
Building permits
- Alteration, filed Oct 13, 2022, estimated cost $45K, described as “Install new chimney liner in existing masonry chimney as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 13, 2022, estimated cost $10K, described as “Connect to existing gas piping for replacement boiler and gas/oil burner as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 13, 2022, estimated cost $110K, described as “Replace boiler and gas/oil burner as per plans. Change grade of fuel from #4 to #2 oil. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $1,486,800
- 2026–27 tax
- $107,855
- Market value (city estimate)
- $3,304,000
- Taxable value
- $867,069
- Assessed land
- $160,200
- Assessed improvements
- $1,326,600
Tax breaks
- J-51 exemption, through Jun 30, 2036, about $77,088 a year below the full tax.
Zoning
R6: floor area ratio 4.84 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 16, 2025: $7,135,420, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
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