2 Minerva Place, The Bronx
Apartment building · 50 units · built c. 1938 · Block 3319, Lot 50.
Building permits
- Alteration, filed Jan 27, 2023, estimated cost $7K, described as “Plumbing work in conjunction with Alteration 1 applicaiton #X00789360”
- Alteration, filed Nov 3, 2022, estimated cost $92K, described as “Convert Music Studio at Cellar to apartment. Change 49 apartments to 50 apartments in total. New Certificate Of Occupancy.”
- Alteration, filed Aug 26, 2020, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Aug 21, 2020, estimated cost $3K, described as “Plumbing work in conjunction with Alteration 2 application #220725204”
Property taxes
- Assessment
- $1,523,700
- 2026–27 tax
- $48,991
- Market value (city estimate)
- $3,386,000
- Taxable value
- $835,446
- Assessed land
- $90,450
- Assessed improvements
- $1,433,250
Tax breaks
- J-51 exemption, through Jun 30, 2051, about $72,032 a year below the full tax.
- J-51 abatement, through Jun 30, 2037, a $33,143 credit this tax year.
- Solar abatement, through Jun 30, 2028, a $21,787 credit this tax year.
Zoning
R8: floor area ratio 5.78 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.