# 3029 Godwin Terrace, The Bronx

Apartment building · 30 units · built 2024 · Block 5703, Lot 206.

On Umarelli: https://umarelli.org/nyc/2057030206/3029-godwin-terrace

More construction in Kingsbridge and Jerome Park: https://umarelli.org/nyc/bronx/kingsbridge-and-jerome-park.md

## Building permits

- New Building — Multi-Family, filed Apr 11, 2022, estimated cost $4.2M, 30 units, 4 stories, described as “Proposed new four story and penthouse residential building.”
- Alteration, filed Jun 14, 2024, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed and pipe scaffold as per plans during NB construction work. No change in use, egress or occupancy. Sidewalk shed & pipe scaffold to comply with chapter 33 of NYC building code of 2022.”
- Alteration, filed Sep 28, 2022, estimated cost $3K, described as “Curb cut application filed in conjunction with NB job #X00705832”
- Alteration, filed Jun 13, 2022, estimated cost $5K, described as “Filing for limited foundation element to vest into 421-a in conjunction with NB application X00705832-I1”
- Alteration, filed May 2, 2022, estimated cost $3K, described as “Foundation application filed herewith in conjunction with NB application #X00705832.”
- Alteration, filed Apr 19, 2022, estimated cost $3K, described as “Soe application filed herewith in conjunction with NB application #X00705832.”
- Alteration, filed Nov 2, 2020, estimated cost $3K, described as “Fence application filed in conjunction with NB job #X00705832.”

## Property taxes

- Assessment: $2,218,500
- 2026–27 tax: $32,813
- Market value (city estimate): $4,930,000
- Taxable value: $263,790
- Assessed land: $284,850
- Assessed improvements: $1,933,650

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $243,146 a year below the full tax.

## Zoning

R6: floor area ratio 2.88 built, above the 2.43 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 29, 2024: $2,440,000
- Aug 14, 2020: $1,500,000, 4,224 sq ft ($355 per sq ft)

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 3029 Godwin Terrace in Kingsbridge, The Bronx](https://newyorkyimby.com/2022/04/permits-filed-for-3029-godwin-terrace-in-kingsbridge-the-bronx.html), New York YIMBY, Apr 30, 2022.

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