2505 Bruckner Boulevard, The Bronx
Industrial · built 2020 · Block 5293, Lot 1.
Building permits
- No Work, filed May 7, 2024, described as “The bronx ball - 700 pp max - annual fundraiser dinner/dance/fashion show for the bronx economic development corporation. Main event will occur on the 2ND floor - vip lounge on 2ND floor mezzanine. Cocktails @ 5:45PM, fashion show @…”
- Alteration, filed Jul 24, 2023, estimated cost $557K, described as “Filing for steel storage racks as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Jul 17, 2023, estimated cost $111K, described as “Installation of a generator above ground of the exterior of the building, as per plans filed herewith.”
- Alteration, filed Jun 13, 2023, estimated cost $5K, described as “Herewith filing for air piping for conveyor system per plans. No change in use, occupancy or egress under this application.”
- No Work, filed Jun 13, 2023, described as “Lecture event with light refreshments”
- Alteration, filed Jun 9, 2023, estimated cost $5K, described as “Hereby filing temporary tent (40 x 80) at 2ND floor of warehouse in conjunction with tpa filed under application # XOO887569”
- Alteration, filed Apr 20, 2023, estimated cost $1.9M, described as “Herewith filing for structural platform in conjunction with conveyor belt installation per plans. No change in use, occupancy or egress under this application.”
- Alteration, filed Feb 14, 2023, estimated cost $150K, described as “Sprinkler modifications as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Feb 1, 2023, estimated cost $1.3M, described as “Mechanical modifications as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Jan 31, 2023, estimated cost $400K, described as “Plumbing modifications as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Jan 4, 2023, estimated cost $1.7M, described as “Structural foundation work as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Jan 3, 2023, estimated cost $50K, described as “Filed herewith civil site work filed as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Jan 3, 2023, estimated cost $11.0M, described as “Renovations including removal and installation of non-load bearing partitions, fixtures and finishes as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Sep 23, 2021, estimated cost $1K, described as “Installation of new boiler related to New Building construction filed under BIS # 210178957.”
- Alteration, filed Sep 22, 2020, estimated cost $100K, described as “Installation of pipe scaffold as per drawings. Pipe scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Sep 14, 2020, estimated cost $200K, described as “Fuel Storage installation (associated with generator) as per plans filed herewith. Scope is associated with NB application # 210178957.”
- Alteration, filed Sep 8, 2020, estimated cost $5K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold for new building as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Aug 21, 2020, estimated cost $33K, described as “Erect 2 non-illuminated accessory business banners for property owner.”
- Alteration, filed Nov 26, 2019, estimated cost $150K, described as “Temporary Construction Safety Fence”
- Alteration, filed Jul 11, 2018, estimated cost $400, described as “Construction fence filed in conjunction with demolition application number 220654334”
Property taxes
- Assessment
- $57,643,000
- 2026–27 tax
- $1,683,547
- Market value (city estimate)
- $128,095,600
- Taxable value
- $54,098,658
- Assessed land
- $8,085,150
- Assessed improvements
- $49,557,850
Tax breaks
- ICAP abatement, through Jun 30, 2038, a $4,185,075 credit this tax year.
Zoning
C8-1: floor area ratio 0.88 built, 1.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year. FEMA’s preliminary map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 13 ft (NAVD88).
Recent sales
- Sep 27, 2017: $75,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Developers Secure $305 Million for Logistics Center at 2505 Bruckner Boulevard in The Bronx, New York YIMBY, Apr 3, 2020.