IAG Energy Success Stories

Standy One Associates - 1421-1425 Grand Concourse

1421 Grand Concourse New York, NY 10452 US

Overview

The following Energy Assessment was performed on behalf of Standy One Associates at 1421-1425 Grand Concourse in the Bronx (the “Property”) in order to identify energy efficiency measures that, when implemented, would make the Property more efficient in terms of energy usage.

The procedures and methods used in this analysis exceed the requirements of an ASHRAE Level II Energy Evaluation. Moreover, this Report has been designed to satisfy the Energy Audit requirements of New York City Local Law 87.

In addition, this report encompasses a detailed evaluation and analysis of all aspects of building energy (electricity, fuel oil and natural gas) as well as energy efficiency measures in connection with the building’s main components including heating, lighting, electric motors, air conditioning and building envelope.

Building Information

The property at 1421-1425 Grand Concourse is a 82,500 SqFt multifamily building constructed in 1917 and located in the Bronx. This is a brick six story building with a cellar. There are sixty-six residential units with occupancy of approximately 264 people. The tenants have their own meters, located in the basement, and are responsible for their own utility bills.

The building has a double vestibule entranceway with a glass and aluminum door. The roof is an asphalt rolled roof. The base building consists of a Gas Fired Modular Hydronic Boiler. The hot water is produced through a coil in the boiler. There is common area lighting in the basement, lobby, corridors, and outside perimeter.

Assessment Highlights

  • For the past 12 months, the building used 8,307,815 kBtu of energy
  • The building Energy Utilization Index (EUI) is 97.17 kBtu/Ft2
  • The study came up with 12 Energy Efficiency Measures
  • A total of $44,706.00 independent energy efficiency measures were identified
  • The simple payback for all measures, excluding window treatments, roof and elevators, is 3.5 years

Benefits & Savings

Date Completed: October 2013

Annual Energy and Cost Savings:

  • Peak Demand Savings: 54.8 kW
  • Electricity Savings: 39,989 kWh
  • Gas/Fuel Savings: 25,399 therms
  • Total Cost Savings: $44,706

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