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NYC Building Records · BBL 2053990004

1508 CROSBY AVENUE

Bronx · Block 5399 · Lot 4 · One-family + store (Class S1)

1508 CROSBY AVENUE is a Class S1 (one-family + store) building in Bronx (BBL 2053990004) built in 1910, with 2 residential units across 2 floors.

The building is in NYC community district 210, council district 13, zoning district R4A, on a 2,500-square-foot lot with a building footprint of 1,133 square feet.

The current registered owner of record per NYC PLUTO is AX DEVELOPMENT LLC.

The most recent ACRIS deed transfer for this BBL was recorded on November 26, 2021 when NICASTRO, WILLIAM; NICASTRO, ANTOINETTE conveyed the property to AX DEVELOPMENT LLC for $570K. The transaction was financed with a $300K mortgage from Cathay Bank.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

AX DEVELOPMENT LLC

Most recent deed

Last transferred on Nov 26, 2021 for $570K to AX DEVELOPMENT LLC.
Previous owner: NICASTRO, WILLIAM; NICASTRO, ANTOINETTE
Mortgage: $300K recorded Nov 26, 2021 with Cathay Bank. Loan-to-value: 53%.
🔒 See full deed history for this building →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Nov 26, 2021MTGE$300KParties redacted — full names in MetroDeeds Scout+
Nov 26, 2021DEED$570KParties redacted — full names in MetroDeeds Scout+
Jan 31, 2008MTGE$45KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
2
Year built
1910
Class
S1
Borough
Bronx
Zoning:
R4A
Lot size:
2,500 sqft
Building area:
1,133 sqft
Floors:
1.5
Assessed value:
$38K
Community district:
210
Council district:
13

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

3 documents in the last 5 years (most recent Nov 26, 2021).

Other buildings in this portfolio

AX DEVELOPMENT LLC controls 4 NYC buildings. Top properties by HPD violation count:

Frequently asked questions about 1508 CROSBY AVENUE

Who owns 1508 CROSBY AVENUE?

The current registered owner of record for 1508 CROSBY AVENUE per NYC PLUTO is AX DEVELOPMENT LLC. The most recent ACRIS deed transfer for this BBL was recorded on November 26, 2021 when the property was conveyed to AX DEVELOPMENT LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 1508 CROSBY AVENUE last sold?

The most recent ACRIS deed transfer for 1508 CROSBY AVENUE was recorded on November 26, 2021, when NICASTRO, WILLIAM; NICASTRO, ANTOINETTE conveyed the property to AX DEVELOPMENT LLC for $570K. The transaction was financed with a $300K mortgage from Cathay Bank.

How many HPD violations does 1508 CROSBY AVENUE have?

No open HPD housing-maintenance code violations are on record for 1508 CROSBY AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 1508 CROSBY AVENUE?

NYC Department of Finance assesses 1508 CROSBY AVENUE at $38K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 1508 CROSBY AVENUE and what does that mean?

1508 CROSBY AVENUE is NYC building class S1 — One-family + store. A one-family dwelling with one store unit. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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