# 518 Morris Park Avenue, The Bronx

Three-family · built 2024 · Block 4016, Lot 8.

On Umarelli: https://umarelli.org/nyc/2040160008/518-morris-park-avenue

More construction in Parkchester: https://umarelli.org/nyc/bronx/parkchester.md

## Building permits

- New Building — Multi-Family, filed May 17, 2023, 3 units, 3 stories, described as “Proposed construction of new 3-family residential building.”
- Alteration, filed Dec 19, 2023, estimated cost $1K, described as “Construction of 10 '-0" curb cut in conjunction with NB #X00869026-I1.”
- Alteration, filed Dec 19, 2023, estimated cost $1K, described as “Temporary construction fence in conjuction with NB X00869026-I1.”

## Property taxes

- Assessment: $50,160
- 2026–27 tax: $9,953
- Market value (city estimate): $836,000
- Taxable value: $50,160
- Assessed land: $11,160
- Assessed improvements: $39,000

## Zoning

R5: floor area ratio 1.15 built, 1.50 allowed by base zoning.

## Recent sales

- Dec 29, 2022: $170,000

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

## Flood zone

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

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