Service area
Accountants in Kingsbridge, the Bronx
A mile from our Riverdale office, around the Broadway corridor at West 231st Street.
Kingsbridge runs along Broadway under the elevated 1 train, and it has a formal business improvement district covering West 230th to West 236th streets along Broadway and West 231st from the Major Deegan west to Corlear Avenue. The mix the district describes is the real one: banks, real estate offices, a funeral home, podiatry, the usual independent storefronts and a few national names.
Worth saying plainly, because it is an easy error: Kingsbridge in the 10463 postcode is a different neighborhood from Kingsbridge Heights in 10468.
Local tax
Storefronts, landlords, and a construction project worth watching
This is a corridor of small, independent, mostly unincorporated businesses, which puts the Unincorporated Business Tax front and center: 4% above a $95,000 gross income threshold, with the credit removing the tax entirely at $3,400 or less. Most businesses on this stretch of Broadway sit under that, which is worth confirming rather than worrying about.
It is also an apartment neighborhood, so small landlords and building management are a steady part of the work. They are exempt from UBT under the real property exclusion, while the storefront next door is not.
The Kingsbridge Armory is the thing to watch. The City Council approved its redevelopment on 30 October 2025, backed by $216 million of city, state and federal investment, with phase one covering venue, cultural and commercial space and a second phase of around 500 permanently affordable rental units. Groundbreaking was expected in 2026. For contractors and for anyone thinking about taking commercial space nearby, it is worth confirming the current status before making decisions on it.
New York City resident income tax applies, and MCTMT Zone 1 at 0.60%.
Figures above are drawn from the New York State Department of Taxation and Finance, the New York City Department of Finance, the US Census Bureau, New York City Small Business Services and the relevant town and village codes, and were current in October 2026. Local rules change, so confirm anything you plan to act on.
Services
What we do in Kingsbridge
01
Tax preparation and planning
Along the Broadway corridor the filers are storefront owners and small landlords, often both at once.
Tax preparation and planning in Kingsbridge02
Bookkeeping and accounting
A storefront and a building, held by the same person, usually arrive as one set of books.
Bookkeeping and accounting in Kingsbridge03
Trust and estate tax
Small apartment buildings held for decades dominate Kingsbridge estates.
Trust and estate tax in Kingsbridge04
Nonprofit accounting
Neighborhood development groups and service organizations along the Broadway corridor run on grants.
Nonprofit accounting in Kingsbridge05
IRS representation
Landlord notices here usually concern depreciation, repairs or passive loss limits.
IRS representation in KingsbridgeQuestions
Frequently asked questions
I own a small building here. Do I owe the Unincorporated Business Tax?
No. Holding, leasing or managing real property for rental income is specifically excluded from UBT. The rental income is still reported on Schedule E federally and for the state.
Is the Armory project actually happening?
The City Council approved it on 30 October 2025 with funding committed, and groundbreaking was expected in 2026. Large projects slip, so if you are making a business decision on the back of it, check the current position with the Economic Development Corporation rather than relying on a page like this one.
My business is tiny. Do I still need to file city business tax?
Only once gross business income passes $95,000. Below that there is no UBT filing requirement. Above it, there usually is, even when the tax itself comes to nothing.
Talk to someone who knows Kingsbridge
Call (929) 262-6375 or book online. Remote works just as well if coming in is awkward.