5500 Broadway, The Bronx
Commercial · built c. 1921 · Block 3264, Lot 109.
Building permits
- Alteration, filed Oct 25, 2023, estimated cost $100K, described as “2nd Floor: Interior partitions and finishes as per plans filed herewith. No Change to use, egress or occupancy.”
- Alteration, filed May 3, 2022, estimated cost $72K, described as “Sprinkler system modification on 2ND floor as per plans filed herewith.”
- Alteration, filed May 3, 2022, estimated cost $9K, described as “Plumbing fixtures installation for 2ND floor space as per plans filed herewith.”
- Alteration, filed May 3, 2022, estimated cost $50K, described as “Installation of ac split system for 2ND floor space as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Apr 25, 2022, estimated cost $190K, described as “2ND floor space renovation as per plans filed herewith. No change to use, egress or occupancy”
Property taxes
- Assessment
- $2,484,000
- 2026–27 tax
- $221,934
- Market value (city estimate)
- $5,520,000
- Taxable value
- $2,045,853
- Assessed land
- $567,000
- Assessed improvements
- $1,917,000
Tax breaks
- ICAP/ICIP exemption, through Jun 30, 2029, about $15,187 a year below the full tax.
Zoning
M1-1: floor area ratio 2.85 built, above the 1.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Change to an earlier grant (Board of Standards and Appeals 74-00-BZII): Change to an earlier grant, Withdrawn, filed May 21, 2013, decided Apr 23, 2014. Extension of Term of a previously granted Special Permit (§73-36) for the continued operation of Physical Culture Establishment (Astral Fitness) which expired on October 17, 2010; Waiver of the Rules. M1-1 zoning district.
- Variance or special permit (Board of Standards and Appeals 74-00-BZ): Variance or special permit, Granted, filed Mar 14, 2000, decided Oct 17, 2000. Special Permit (§73-36) to permit the proposed physical culture establishment, to be located in the cellar level of a commercial building, in an M I-I zoning district.