Bronx  »  10463  »  Independence Ave  »  2975 Independence Ave

2975 Independence Avenue, Bronx, NY 10463 - Property report

Also known as: 714 W 231st St

Property image for 2975 Independence Avenue, Bronx, NY 10463
static Mapbox map

Property type

Office with Apartments Only (No Commercial) (O8)

Year built

1936

Lot sq. ft.

229,981

Sale price

$86,375,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
2975 Independence Avenue
Alternate address(es)
2975 Rear Independence Ave
714 Garage W 231st St
714 W 231st St
ZIP code
10463
Neighborhood
Spuyten Duyvil
Borough
Bronx
Block & lot
05750-0382

Owner

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Building
Property type
Office with Apartments Only (No Commercial) (O8)
Building sq. ft.
23,048
Building dimensions
133 ft x 33 ft
Buildings on lot
8
Stories
4
Year built
1936
Last altered
1998
Building material
Sales
Sale date
07/10/2017
Sale price
$86,375,000
Tax
Tax year
2026-2027
Property tax
$457,896
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
258.42 ft x 285.33 ft
Lot sq. ft.
229,981

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
72 /100.  Excellent Transit
Bike score
36 /100.  Somewhat Bikeable
School district
10
Community district
8
Closest police station
0.74 Miles
Closest fire station
0.73 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 2975 Independence Avenue, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 2975 Independence Avenue, Bronx, NY 10463

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/25/2023 - R
04/04/2023 - D
Partial Release of Mortgage
(2023042400306006)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/25/2023 - R
04/04/2023 - D
Partial Release of Mortgage
(2023042400306005)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/25/2023 - R
04/04/2023 - D
Partial Release of Mortgage
(2023042400306004)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/25/2023 - R
04/04/2023 - D
Mortgage Spreader Agreement
(2023042400306003)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/25/2023 - R
04/04/2023 - D
Mortgage Spreader Agreement
(2023042400306002)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/25/2023 - R
04/04/2023 - D
Mortgage Spreader Agreement
(2023042400306001)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/24/2023 - R
04/04/2023 - D
Termination of Assign of L&R
(2023040400490010)
XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXXXX XXXXXX XX XXX
04/04/2023 - D
04/04/2023 - R
Deed
(2023040400277012)
XXXX XXXXXXXXXXXX XXXXXX XXX XXXXXXXXXXXX XXXXXX XX XXX
04/04/2023 - D
04/04/2023 - R
Deed
(2023040400277011)
XXXX XXXXXXXXXXXX XXXXXX XX XXX XXXX XXXXXXXXXXXX XXXXXX XXX
04/04/2023 - D
04/04/2023 - R
Sundry Agreement
(2023040400277010)
XXXX XXXXXXXXXXXX XXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2975 Independence Avenue, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$457,896
Municipal exemptions
Recent tax assessments
Market value
$10,426,000
Assessed value
$4,691,700

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $10,286,000 $4,628,700 $3,829,039 10.848% $415,374 $415,374 +9.81%
2024/25 $10,081,000 $4,536,450 $3,514,910 10.762% $378,275 $378,275 +11.29%
2023/24 $9,755,000 $4,389,750 $3,209,009 10.592% $339,898 $339,898 -83.20%
2022/23 $42,228,000 $19,002,600 $19,002,600 10.646% $2,023,017 $2,023,017 +7.90%
2021/22 $38,738,000 $17,432,100 $17,432,100 10.755% $1,874,822 $1,874,822 -11.57%
2020/21 $47,725,000 $21,476,250 $19,826,370 10.694% $2,120,232 $2,120,232 +6.37%
2019/20 $46,317,000 $20,842,650 $18,917,640 10.537% $1,993,352 $1,993,352 +5.78%
2018/19 $44,506,000 $20,027,700 $17,923,320 10.514% $1,884,458 $1,884,458 +1411.16%
2017/18 $41,916,000 $18,862,200 $1,186,062 10.514% $1,781,467 $124,703 +4.01%
2016/17 $39,829,000 $17,923,050 $1,133,811 10.574% $1,712,703 $119,889 -92.83%

Permit information for 2975 Independence Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
09/27/2023 Alteration
07/28/2022 Alteration
07/28/2022 Alteration
07/17/2022 Alteration
07/14/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
04/29/2021 Egrade-failure to post energy grade/score none
04/30/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 225th St at NW Corner
Station lines
1
Distance (miles)
0.76

Access the detailed traffic volume map for 2975 Independence Avenue, Bronx, NY 10463 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 2975 Independence Avenue, Bronx, NY 10463?

The development at 2975 Independence Avenue, Bronx, NY 10463 was built in 1936.

What is the market value of 2975 Independence Avenue, Bronx, NY 10463?

The current market value of 2975 Independence Avenue, Bronx, NY 10463 is $10,426,000.

What is the total square footage of 2975 Independence Avenue, Bronx, NY 10463?

2975 Independence Avenue, Bronx, NY 10463 has a total of 23,048 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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