1502 Bassett Avenue, The Bronx
Inside a FEMA-mapped flood zone, this warehouse on Bassett Avenue carries 0.3 FAR of unused commercial development rights on record.
1502 Bassett Avenue is a warehouse in The Bronx, New York City (BBL 2042260005). The property is zoned M1-1, on a 524,200 sq ft lot, with 2 floors and 1 residential units. It was built in 1951. The lot is inside a FEMA Special Flood Hazard Area. NYC municipal records show 3 open building violations for this lot as of 2026-07-05.
Property facts
| BBL | 2042260005 |
|---|---|
| Borough | The Bronx — Community District 11 |
| Neighborhood | Hutchinson Metro Center |
| Zoning district | M1-1 |
| Building class | E1 — warehouse (what’s a building class?) |
| Land use | 06 — Industrial & manufacturing |
| Lot area | 524,200 sq ft |
| Floors | 2 |
| Residential units | 1 |
| Year built | 1951 |
| FAR | 0.7 built · 0 max residential · 1 max commercial Learn: What is FAR? |
| Flood zone | In a FEMA Special Flood Hazard Area |
Public records
- 1 open Department of Buildings violation
- 2 open ECB (OATH) violations — $1,310 in penalties due
- 0 open Housing Preservation & Development violations
Violation counts as of 2026-07-05.
Absence of a record means none on file in NYC municipal records — not a certification of compliance.
The complete dossier also covers:
- Buildable floor area (residential & commercial)
- Recorded ownership & last sale
- Recorded mortgages & open debt stack
- LL97 carbon exposure by compliance period
- Flood coverage percentage & base flood elevation
- Climate projections for this lot
- Open permits & construction pipeline
- Distress signal convergence
- Air rights & transferable development rights
- Comparable sales (Pro)
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Data: NYC municipal records (Departments of City Planning, Buildings, Finance) and FEMA. See our sources and methodology. Data as of 2026-07-11.