# 3240 Grace Avenue, The Bronx

Commercial · built 1948 · Block 4758, Lot 55.

On Umarelli: https://umarelli.org/nyc/2047580055/3240-grace-avenue

More construction in Baychester: https://umarelli.org/nyc/bronx/baychester.md

## Building permits

- No Work, filed Oct 30, 2026
- Alteration, filed Jun 9, 2026, estimated cost $387K, described as “Installation of solar panels on existing roof. No change in use, occupancy, or egress. No change in bulk”
- Alteration, filed Dec 10, 2024, estimated cost $50K, described as “Install an emergency generator in conjunction with Alt-CO X00871166-I1”
- Alteration, filed Feb 20, 2024, estimated cost $450K, described as “Mechanical work as per plans filed in conjunction with ALT1 220712904.”
- Alteration, filed Feb 12, 2024, estimated cost $98K, described as “Plumbing work as per plans in conjuction with alt-co X00871166.”
- Alteration, filed Aug 30, 2023, estimated cost $1K, described as “Install construction fence as per plans filed.”
- Major Renovation — Enlargement, filed May 16, 2023, estimated cost $3.9M, 17 units added, 2 stories, described as “Application filed to covert factory and warehouse building into a coomunity facility and offices”

## Property taxes

- Assessment: $1,987,650
- 2026–27 tax: $209,891
- Market value (city estimate): $4,417,000
- Taxable value: $1,934,839
- Assessed land: $322,200
- Assessed improvements: $1,665,450

## Recent sales

- Jun 19, 2019: $5,750,000

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

[Permits Filed for 3240 Grace Avenue in Baychester, The Bronx](https://newyorkyimby.com/2023/06/permits-filed-for-3240-grace-avenue-in-baychester-the-bronx.html), New York YIMBY, Jun 9, 2023.

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