# 541 Bay Street, Staten Island

Commercial · built c. 1931 · Block 490, Lot 1.

On Umarelli: https://umarelli.org/nyc/5004900001/541-bay-street

More construction in Stapleton: https://umarelli.org/nyc/staten-island/stapleton.md

## Building permits

- New Building — Large Residential, filed Jun 2, 2025, 92 units, 7 stories, described as “New 6 story, with basement and penthouse and 92 dwelling unit building (1 ZONING LOT, 2 TAX LOT)”
- Alteration, filed Nov 10, 2025, estimated cost $20K, described as “Install Temporary Wood Construction fence for Demolition Operations. No Change to egress, occupancy or use.”
- Demolition, filed Jul 21, 2025, estimated cost $130K, described as “Full Demolition of Two Story Building.”
- Alteration, filed May 10, 2022, estimated cost $5K, described as “File for temporary construction fence”
- Alteration, filed Jul 30, 2021, estimated cost $632K, described as “Proposed 5 story vertical addition to existing 2 story commercial building so as to erect stores, 58 class"a" apartments, and accessory parking for 36 cars.”
- Alteration, filed May 25, 2021, estimated cost $30K, described as “Installation of steel dunnage to support generator and battery units on existing roof structure. No change in egress, use, or occupancy.”
- Alteration, filed May 12, 2021, estimated cost $10K, described as “Installation of one (1) 20KW gas fired emergency generator. Plumbing application S00494161-I1 filed in conjunction with this application.”
- Alteration, filed May 5, 2021, estimated cost $10K, described as “Installation of Gas piping from a natural gas generator. Generator proposed on the roof to the gas meter located at the exterior ground level. Mechanical Job Application # S00508983-I1 being filed in conjunction with this application”

## Property taxes

- Assessment: $293,400
- 2026–27 tax: $28,289
- Market value (city estimate): $652,000
- Taxable value: $260,773
- Assessed land: $131,400
- Assessed improvements: $162,000

## Zoning

R6: floor area ratio 0.75 built, 2.43 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 11 ft (NAVD88).

## Board and land use applications

- 541-545 Bay Street (City Planning 2020R0348): Zoning map change, Zoning text change, Completed, decided Dec 22, 2023. A zoning map amendment from C4-2 to R6/C2-3 with an extension of the Special Bay Street Corridor (BSC) and zoning text amendment are proposed by a private applicant, Epsilon Enterprises Realty, LLC, to facilitate the development of…
- HRA FOOD STAMP CENTER (City Planning P1995R0282): Completed, decided May 31, 1995. ACQUIRE APPROX 8,000SF OF SPACE FOR THE FOOD STAMP CENTER

## In the news

[Permits Filed for 541 Bay Street in Stapleton Heights, Staten Island](https://newyorkyimby.com/2025/06/permits-filed-for-541-bay-street-in-stapleton-heights-staten-island.html), New York YIMBY, Jun 9, 2025.

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