2025 - 2026 Final Assessment

Final Assessment Roll for2025 - 2026 | City of New York
Taxable Status DateJanuary 5, 2025
Owner Name
1240 SHERMAN AVE. BRONX LLC
Property Address
1240 SHERMAN AVENUE # 10456
BBL
2-2453-41
Tax Class
2
Building Class
D1 - ELEVATOR APT; SEMI-FIREPROOF WITHOUT STORES

Land Information

Frontage (feet)
142
Depth (feet)
100
Land Area (sqft)
14,200
Regular / Irregular
R
Corner
No
Number of Buildings
1

Building Size

Frontage (feet)
142
Depth (feet)
87
Stories
6
Extension
N

Assessment Information

DescriptionLandTotal
Estimated Market Value$133,000$4,245,000
Assessed Value$59,850$1,910,250
Market Value Exemption$1,053,626$1,053,626
Transitional Assessed Value$59,850$1,686,510
Transitional Value Exemption$724,832$724,832
Subject To Adjustments, 2025/26 Taxes Will Be Based On$856,624

Note: For more information about how property taxes are calculated, visit nyc.gov/assessments

Property Tax History

Historical property valuation and tax data for BBL 2-2453-41 (4 years).