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1429 Ferris Place, Bronx, NY 10461

BBL 2038570016 (Borough 2, Block 3857, Lot 16) · BIN 2027297 · Last updated:

Summary · as of November 5, 2026

1429 Ferris Place (Bronx, NY 10461; tax lot BBL 2038570016) is a factory or industrial building (building class F4: factory / industrial building (subtype F4)), built around 1970, on a 5,291 sq ft lot zoned M1-1. City tax records list the owner as JT TOWER LLC; per ACRIS, a deed to this owner dated November 29, 2016 lists a price of $7,000,000 in a deed covering 3 lots. The Department of Finance's final market value for tax year 2027 is $742,000. As of November 5, 2026, NYC Open Data shows no open DOB jobs, active DOB/ECB violations, open HPD violations or unpaid OATH tickets for this lot. (Source: NYC Open Data — DOB, HPD, OATH, DOF, DCP and ACRIS datasets — compiled by NYC Property Facts.)

Owner of record
JT TOWER LLC
Building class
F4 · Factory / industrial building
Year built · units
1970 · 0 res.
Lot area · zoning
5,291 sq ft · M1-1
Market value (DOF)
$742,000 FY2027
Last priced deed
$7,000,000 · 2016-11-29
BBL
2038570016
BIN
2027297

How to cite: NYC Property Facts, “1429 Ferris Place, Bronx, NY 10461 (BBL 2038570016)”, data as of 2026-11-05, https://nycpropertyfacts.com/ny/bronx/1429-ferris-place-2038570016. Source: NYC Open Data.

Lot & building

Basic facts about the tax lot and building from the city’s PLUTO database.

Owner (as listed by the city)
JT TOWER LLCThe owner name on the city’s tax records. It can lag behind recent sales and is often an LLC.
Building class
F4 – Factory / industrial building (subtype F4)The Department of Finance’s category for what kind of building this is.
Land use
Industrial & manufacturingCity Planning’s broad category of how the lot is used.
Year built
1970Often an estimate for older buildings.
Floors
1
Units
0 residential / 1 totalResidential units are apartments; total includes stores and offices.
Buildings on lot
1
Lot size
5,291 sq ft (43.51 ft × 132.04 ft)
Building floor area
5,261 sq ft (incl. 5,261 sq ft commercial)
Zoning
M1-1The zoning district sets what can be built and used here. Manufacturing district.
Built vs. allowed density (FAR)
0.99 built / 0.00 max residentialFloor Area Ratio = building floor area ÷ lot area. If built FAR is below the maximum, zoning may allow more floor area (other rules apply).
Identifiers
BBL 2038570016 (Borough 2, Block 3857, Lot 16) · BIN 2027297BBL identifies the tax lot; BIN identifies each building (from DOB/HPD/footprint records).

Source: PLUTO (Dept. of City Planning) — city dataset updated 2026-08-24; data as of 2026-11-05; Building Footprints — city dataset updated 2026-10-25; data as of 2026-11-01

Tax assessment

How the Department of Finance values this lot for property tax.

Market value (tax year 2027, final roll)
$742,000The Department of Finance’s estimate of value for tax purposes. It is not an appraisal and is often far from the sale price.
Assessed value
$333,900The portion of market value that taxes are calculated on (capped by law for small homes).
Taxable value (final)
$333,900Assessed value minus any exemptions.
Tax class
Tax class 4 – commercial / industrial
Tax yearRollMarket valueAssessed valueTax class
2027Final$742,000$333,9004
2026Final$769,000$346,0504
2025Final$750,000$337,5004

Source: DOF Property Valuation and Assessment Data — city dataset updated 2026-09-14; data as of 2026-11-05

Sales & deed history 10

Deeds recorded with the City Register (ACRIS). A deed transfers ownership. A $0 or very low price usually means a transfer between related parties, an estate, or a refinance-related transfer, not a market sale. This is not a title search; mortgages, liens and other documents are not shown.

DateTypePriceSeller (grantor)Buyer (grantee)Doc ID
2016-11-29DEED$7,000,000
one deed covering 3 lots; price is for all of them
Rella Realty, LlcJ.T. Tower Llc2016120101437001
2016-09-22DEED$1
one deed covering 3 lots; price is for all of them
New York City Industrial Development AgencyRella Realty, Llc2016093000061003
2001-10-24DEED$0 / not stated
one deed covering 3 lots; price is for all of them
Rella Realty, Llc; Call, Joan R.; Ruti, John M.Rella Realty, LlcFT_2240007896024
2001-10-24DEED$0 / not stated
one deed covering 3 lots; price is for all of them
Rella Realty, LlcNyc Industrial Development AgencyFT_2310007896031
1998-12-10DEED$0 / not stated
one deed covering 3 lots; price is for all of them
Rella, Frank J./TrusteeRella Realty, LlcFT_2460006609246
1992-05-01DEED$0 / not stated
one deed covering 2 lots; price is for all of them
Ruti, John M./Ex; Call, Josephine/Ex; Rella, Frank J.; Rutigliano, John J/Ex OfCall, Joan R.; Ruti, John M.; Rella, Frank J./TrFT_2250000832525
1977-01-28DEED$0 / not stated
one deed covering 3 lots; price is for all of them
Frajou Realty CorpFrank J Rella; John J RuliglianoBK_7720032501228
1976-11-26DEED$0 / not statedJafra Holding CorpFrajac Realty CorpBK_7620032000906
1968-06-21DEED$0 / not statedJafra Holding CorpFrajac Realty CorpBK_6820036800074
1966-01-17DEED$0 / not statedScovotti Angela; Trabocchi Rose; Scovotti Gabriel; Scovotti Rose; Scovotti Elisa; Derose Mary; Scovotti MaryJafra Holding CorpBK_6620000600271

Source: ACRIS Real Property Master — city dataset updated 2026-10-08; data as of 2026-11-05; ACRIS Real Property Legals — city dataset updated 2026-10-08; data as of 2026-11-05; ACRIS Real Property Parties — city dataset updated 2026-10-08; data as of 2026-11-05

DOB job filings 0 open of 0

A “job” is an application to the Department of Buildings to do construction work. A job marked Permitted, not signed off had a work permit issued but the city has no record of final sign-off (inspection/completion). Old jobs left in this state are common and appear in buyer and lender due diligence; the work may or may not have been done.

No records found in this dataset for this lot.

Source: DOB NOW: Build – Job Application Filings — city dataset updated 2026-11-01; data as of 2026-11-05; DOB Job Application Filings (BIS) — city dataset updated 2026-11-04; data as of 2026-11-05

Work permits 0

Individual permits issued under DOB jobs (one job can have several permits, e.g. plumbing and construction). Permit expiration alone does not mean the job was completed or signed off.

No records found in this dataset for this lot.

Source: DOB NOW: Build – Approved Permits — city dataset updated 2026-11-02; data as of 2026-11-05; DOB Permit Issuance (BIS) — city dataset updated 2026-10-31; data as of 2026-10-31

DOB violations 0 active of 1

Violations issued by the Department of Buildings for building-code or zoning conditions. Active means DOB has not recorded the violation as resolved or dismissed. Many active DOB violations are old (e.g. elevator or boiler inspection paperwork).

StatusIssuedTypeDescriptionNumber
Resolved/dismissed
V*-DOB VIOLATION - DISMISSED
1998-05-04LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIREDV*050498LL629113044

Source: DOB Violations — city dataset updated 2026-11-02; data as of 2026-11-05

ECB violations (DOB) 0 active of 0

DOB violations that go to a hearing at OATH (formerly the Environmental Control Board) and can carry fines. Active or Resolved follows the DOB violation status field. The hearing status is about the hearing and its penalty: written off means the city stopped collecting the fine, not that the condition was corrected. A balance due is a fine the city says is unpaid.

No records found in this dataset for this lot.

Source: DOB ECB Violations — city dataset updated 2026-10-31; data as of 2026-11-05

OATH tickets (all agencies) 0 unpaid of 0

Summonses heard at the Office of Administrative Trials and Hearings, from agencies like Sanitation, Buildings, Fire and Health, linked to this lot’s block and lot. Default means the respondent did not appear at the hearing, which typically results in the maximum penalty. Tickets may be issued to tenants or businesses at the address, not just the owner. DOB ECB tickets appear here too.

No records found in this dataset for this lot.

Source: OATH Hearings Division Case Status — city dataset updated 2026-11-02; data as of 2026-11-05

HPD registration & contacts

Owners of most rental buildings must register with the Department of Housing Preservation and Development each year and list an owner and managing agent.

No HPD registration found. Registration is required for buildings with 3 or more apartments (and for 1–2 family homes where neither the owner nor family lives there).

Source: HPD Multiple Dwelling Registrations — city dataset updated 2026-11-04; data as of 2026-11-05; HPD Registration Contacts — city dataset updated 2026-11-04; data as of 2026-11-05

HPD housing-code violations 0 open of 0

Violations HPD inspectors issued for conditions in residential buildings (heat, leaks, mold, pests, lead paint, etc.). Class letters show how serious: Class A – non-hazardous (HPD gives 90 days to correct); Class B – hazardous (30 days to correct); Class C – immediately hazardous (24 hours to correct for most conditions); Class I – information / order (e.g. orders to register, lead or other administrative orders). Open means HPD has not recorded the condition as corrected.

No records found in this dataset for this lot.

Source: HPD Housing Maintenance Code Violations — city dataset updated 2026-11-05; data as of 2026-11-05

HPD complaints 0

Complaints tenants or others made to HPD (usually via 311) about housing conditions, from 2019 onward. A complaint is not a violation; HPD may inspect and issue one.

No records found in this dataset for this lot.

Source: HPD Housing Maintenance Code Complaints and Problems — city dataset updated 2026-11-05; data as of 2026-11-05

311 requests (last 12 months) 0

Recent 311 service requests the city geocoded to this lot: noise, illegal parking, heat, sanitation and more. Anyone can file them, so they describe activity at or near the address, not necessarily the building itself.

No records found in this dataset for this lot.

Source: 311 Service Requests from 2020 to Present — city dataset updated 2026-11-05; data as of 2026-11-05

Nearby properties

On Ferris Pl

Same tax block (3857)

All properties on Ferris Pl, Bronx · All of Bronx 10461

Open-item counts as of November 5, 2026; each section lists its own dataset date. Machine-readable: JSON API · Markdown · Plain text · API & MCP docs