# 2885 Marion Avenue, The Bronx

Condominium · 114 units · built 2018 · Block 3291, Lot 7501.

On Umarelli: https://umarelli.org/nyc/2032917501/2885-marion-avenue

More construction in Bedford Park and Norwood: https://umarelli.org/nyc/bronx/bedford-park-and-norwood.md

## Building permits

- Alteration, filed Jul 11, 2020, estimated cost $162K, described as “Installation of new boiler filed in conjunction with NB application #220465841”
- Alteration, filed Jan 16, 2020, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Feb 1, 2019, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jan 30, 2019, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $9,620,550
- Market value (city estimate): $21,379,000
- Taxable value: $0
- Assessed land: $514,350
- Assessed improvements: $9,106,200
- Condo units with their own tax lots: 2

## Tax breaks

- Article XI exemption, through Jun 30, 2027, about $1,196,700 a year below the full tax.

## Zoning

R7A (part of the lot is R7B): floor area ratio 2.22 built, 4.00 allowed by base zoning.

## Flood zone

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

## In the news

[Housing Lottery Launches for 2885 Marion Avenue in Jerome Park, The Bronx](https://newyorkyimby.com/2021/02/housing-lottery-launches-for-2885-marion-avenue-in-jerome-park-the-bronx.html), New York YIMBY, Feb 23, 2021.

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