# 1017 Olmstead Avenue, The Bronx

Apartment building · 265 units · built 2024 · Block 3797, Lot 70.

On Umarelli: https://umarelli.org/nyc/2037970070/1017-olmstead-avenue

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

## Building permits

- Alteration, filed Dec 12, 2025, estimated cost $20K, described as “Scope of work: Addition of SSDS per NYCOER requirements including piping, fan, and monitoring system details. This is being filed in conjunction with the NB # for 1017 Olmsted Blvd: 210180105.”
- Alteration, filed Apr 1, 2025, estimated cost $36K, described as “Supported scaffolding”
- Alteration, filed Jun 6, 2024, estimated cost $36K, described as “Herewith filing application to install scaffolding as per plans.”
- Alteration, filed May 14, 2024, estimated cost $10K, described as “Installation of single personnel/material hoist in accordance with nycc 2022 chapter 33 building code. No change in egress, use, or occupancy.”
- Alteration, filed Nov 13, 2023, estimated cost $30K, described as “Installation of heavy duty sidewalk shed as per plans. No change in use occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the 2022 NYC building code.”
- Alteration, filed Jun 6, 2023, estimated cost $1K, described as “Installation of 22 LF Curb Cut with Splays in conjunction with New Building filed under NB 210180105. No change in egress use or occupancy.”
- Alteration, filed Jun 2, 2023, estimated cost $69K, described as “Temporary 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.”
- Alteration, filed May 22, 2023, estimated cost $150K, described as “Foundation work in conjunction with New Building.”
- Alteration, filed Mar 31, 2023, estimated cost $1K, described as “Support of Excavation work in conjunction with New Building # 210180105. No change in egress use or occupancy.”
- Alteration, filed Jan 20, 2023, estimated cost $10K, described as “Installation of Mechanical Systems in conjunction with New Building filing # 210180105.”
- Alteration, filed Apr 21, 2022, estimated cost $90K, described as “Super Structure for new building filed under NB # 210180105.”
- Alteration, filed Apr 21, 2022, estimated cost $18K, described as “Installation of Sprinkler-Standpipe System for New Building filed under NB 210180105.”
- Alteration, filed Apr 21, 2022, estimated cost $9K, described as “Installation of Temporary Dry Standpipe during construction of New Building. New Building filed under NB # 210180105.”
- Alteration, filed Mar 3, 2022, estimated cost $90K, described as “Plumbing System for New Building filed under NB # 210180105.”

## Property taxes

- Assessment: $15,005,700
- 2026–27 tax: $1,860,659
- Market value (city estimate): $33,346,000
- Taxable value: $14,958,272
- Assessed land: $513,000
- Assessed improvements: $14,492,700

## Zoning

R7A: floor area ratio 6.07 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Flood zone

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

## In the news

[Bruckner Heights Finishes Construction at 2070 Chatteron Avenue and 1017 Olmstead Avenue in Unionport, The Bronx](https://newyorkyimby.com/2026/03/bruckner-heights-finishes-construction-at-2070-chatteron-avenue-and-1017-olmstead-avenue-in-unionport-the-bronx.html), New York YIMBY, Mar 18, 2026.

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