$600,000 Sold Jun 2026
$34,518,000 Assessed value
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| Building size | 539,000 sq ft |
|---|---|
| Building dimensions | 320.6 × 63 ft |
| Stories | 25 |
| Sq ft per floor | 21,560 sq ft |
| Year built | 1966 |
| Lot dimensions | 367.67 × 207.33 ft |
|---|---|
| Lot area | 90,950 sq ft |
| Units | 412 |
|---|---|
| Zoning | R6 |
| Building class | D4 |
| Block / lot | Block 5722 / Lot 445 |
| Built FAR | 5.93 |
|---|---|
| Max residential FAR | 2.43 |
| Max facility FAR | 4.80 |
| Last recorded sale | $600,000 (Jun 2026) |
|---|---|
| Assessed value | $34,518,000 |
| Tax class | 2 |
| Annual property tax | $1,866,906 |
| Exemptions / abatements | RIVER POINT TOWERS COOPERATIVE |
| Rent regulated | Co-op |
555 Kappock Street was built in 1966 — roughly 60 years old. For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value. At the current assessment that works out to about $1,866,906 per year ($155,576/month) before any abatements or exemptions the owner may receive. City records show it last changed hands for $600,000 in Jun 2026.
The building already exceeds what current zoning would allow (5.93 built FAR vs. a maximum of 4.80) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.
All recent NYC sales · Bronx property taxes
Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.