1240 SHERMAN AVENUE
Ownership
Contacts
Tax Assessment
- Estimated Market Value
- $4,245,000
- Assessed Value
- $1,910,250
- Market Value Exemption
- $1,053,626
- Transitional Assessed
- $1,686,510
- Transitional Exemption
- $724,832
- Taxable Assessed (2025/26)
- $856,624
- Annual Property Tax
- $106,555
- Year-over-Year
- -46.92%
Building & Land
- Tax Class
- Class 2
- Zoning
- R7-1
- Building Area (sq ft)
- 63,535
- Lot Area (sq ft)
- 14,200
- Floor Area Ratio
- 4.47 / 4.80
- Air Rights (sq ft)
- 4,686
- Buildings on Lot
- 1
About 1240 SHERMAN AVENUE, Bronx, NY 10456
Access comprehensive NYC property records for 1240 SHERMAN AVENUE, Bronx, NY 10456. This page provides detailed information from official New York City databases including building characteristics, ownership records, sales history, tax assessments, and contact information. All data is sourced from NYC Department of Finance, Department of City Planning (PLUTO), and ACRIS (Automated City Register Information System).
This elevator apartment building was constructed in 1927 and contains 59 residential units. The building spans 63,535 square feet on a 14,200 square foot lot.
How many sq. ft. does 1240 SHERMAN AVENUE, Bronx, NY 10456 have? This elevator apartments (d1) located at 1240 SHERMAN AVENUE, Bronx, NY 10456 has a total of 63,535 square feet and was built in 1927.
How many units does 1240 SHERMAN AVENUE, Bronx, NY 10456 have? This property contains 59 residential units and is located in the R7-1 zoning district on a 14,200 square foot lot.
Who owns 1240 SHERMAN AVENUE, Bronx, NY 10456 and what are the recent mortgage transactions? According to NYC ACRIS records, 1240 SHERMAN AVENUE, Bronx, NY 10456 is owned by 1240 SHERMAN AVE. BRONX LLC. The property was last sold on Mar 25, 2020 for $8,500,000. The most recent mortgage recorded is $12,750,000 from Mar 25, 2020 with lender CAPITAL ONE, NATIONAL ASSOCIATION.
What is the current market value and property tax for 1240 SHERMAN AVENUE, Bronx, NY 10456? According to NYC Department of Finance records, 1240 SHERMAN AVENUE, Bronx, NY 10456 has an estimated market value of $4,245,000 and an annual property tax of $106,555 for the 2025/26 tax year.