# 1940 Turnbull Avenue, The Bronx

Apartment building · 154 units · built 2022 · Block 3672, Lot 30.

On Umarelli: https://umarelli.org/nyc/2036720030/1940-turnbull-avenue

More construction in Castle Hill and Unionport: https://umarelli.org/nyc/bronx/castle-hill-and-unionport.md

## Building permits

- Alteration, filed Aug 22, 2024, estimated cost $1K, described as “Herewith filling new Hot Water Boiler Installation.”
- Alteration, filed Jan 25, 2024, estimated cost $20K, described as “Installation and use of temporary supported scaffold construction equipment as per plans filed herewith..”
- Alteration, filed Sep 23, 2022, estimated cost $10K, described as “Installation of single 6000 # capacity personnel/material hoist during NB const, filed sep. Hoist shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted…”
- Alteration, filed Apr 8, 2022, estimated cost $40K, described as “Installation of construction fence as per drawings during NB const, filed sep. Construction fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Fence installed on sw / rdwy. Dot…”
- Alteration, filed Apr 7, 2022, estimated cost $10K, described as “Installation of heavy duty sidewalk shed during NB const, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Shed in roadway. Dot permits by others.”
- Alteration, filed Apr 7, 2022, estimated cost $95K, described as “Installation of temporary scaffold as per drawings. Scaffold shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Mar 25, 2022, estimated cost $1K, described as “Here with filing for temporary standpipe in conjunction with NB# 210181337.”
- Alteration, filed Sep 28, 2021, estimated cost $1K, described as “Herewith filing for a new curb cut on Turnbull avenue”
- Alteration, filed May 12, 2020, estimated cost $1K, described as “Filing for related plumbing/sprinkler/standpipe work in conjunction with NB application(210181337) filed for Block 3672 Lot 30.”
- Alteration, filed May 12, 2020, estimated cost $1K, described as “Related structural work to be filed in conjunction with NB application # 210181337, which was filed for LOT 30.”
- Alteration, filed May 12, 2020, estimated cost $1K, described as “Related mechanical work to be filed in conjunction with NB application# 210181337, which was filed for LOT 30.”

## Property taxes

- Assessment: $10,514,250
- Market value (city estimate): $23,365,000
- Taxable value: $0
- Assessed land: $148,500
- Assessed improvements: $10,365,750

## Tax breaks

- 420-c exemption, through Jun 30, 2062, about $1,307,868 a year below the full tax.

## Zoning

R8: floor area ratio 8.80 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 31, 2022: $3,750,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

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

## In the news

[Park Lane Senior Apartments Opens at 1940 Turnbull Avenue In Soundview, The Bronx](https://newyorkyimby.com/2024/10/park-lane-senior-apartments-opens-at-1940-turnbull-avenue-in-soundview-the-bronx.html), New York YIMBY, Oct 25, 2024.

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