27 East 198th Street, The Bronx
Apartment building · 46 units · built 2019 · Block 3319, Lot 21.
Building permits
- Alteration, filed Sep 3, 2020, estimated cost $8K, described as “8' high solid fence around property perimeter in conjunction with NB#220632894”
- Alteration, filed Feb 1, 2020, estimated cost $5K, described as “Installation of a temporary scaffold and heavy duty sidewalk shed as per plans during general construction work. No change in use, egress or occupancy. Sidewalk shed and scaffold to comply with chapter 33 of building code of 2014.”
- Alteration, filed Jun 26, 2019, estimated cost $8K, described as “8' high solid fence around property perimeter in conjunction with NB#220632894”
Property taxes
- Assessment
- $2,883,150
- 2026–27 tax
- $4,805
- Market value (city estimate)
- $6,407,000
- Taxable value
- $38,629
- Assessed land
- $177,300
- Assessed improvements
- $2,705,850
Tax breaks
- 421-a exemption, through Jun 30, 2057, about $353,830 a year below the full tax.
Zoning
R8: floor area ratio 6.06 built, above the 6.02 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 26, 2017: $670,000, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.