Bronx  »  10466  »  Merritt Ave  »  3960 Merritt Ave

3960 Merritt Avenue, Bronx, NY 10466 - Property report

Also known as: 3960 Merritt Ave

Property image for 3960 Merritt Avenue, Bronx, NY 10466
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Property type

Factory - Light Manufacturing (F5)

Year built

1959

Lot sq. ft.

29,000

Sale price

$9,250,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
3960 Merritt Avenue
ZIP code
10466
Neighborhood
Eastchester
Borough
Bronx
Block & lot
04972-0026

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
20,000
Building dimensions
171 ft x 133 ft
Buildings on lot
1
Stories
1
Year built
1959
Building material
Sales
Sale date
03/29/2023
Sale price
$9,250,000 - M
Tax
Tax year
2026-2027
Property tax
$81,650
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
246.58 ft x 92.33 ft
Lot sq. ft.
29,000

Area overview

Walk score
83 /100.  Very Walkable
Transit score
72 /100.  Excellent Transit
Bike score
47 /100.  Somewhat Bikeable
School district
11
Community district
12
Closest police station
0.98 Miles
Closest fire station
1.25 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 3960 Merritt Avenue, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 3960 Merritt Avenue, Bronx, NY 10466

Sale date Sale price Buyer name Seller name
03/29/2023 $9,250,000 XXXXX XXXXX XXXXXXX, XXX XXXXXX XXXXXX XXXXXXXXXXX, XXX
07/18/2007 $3,525,000 XXXXXX XXXXXX XXXXXXXXXXX XXX X X XXXXXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/05/2023 - R Initial UCC1
(2023040400771009)		 XXXXX XXXXX XXXXXXX XXX XX XXXX
04/04/2023 - R UCC3 Termination
(2023040400671001)		 XXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXXXXXX X X
04/05/2023 - R
03/29/2023 - D		 Assignment of Leases and Rents
(2023040400771008)		 XXXXX XXXXX XXXXXXX XXX XX XXXX
04/05/2023 - R
03/29/2023 - D		 Agreement
(2023040400771007)		 XXXXX XXXXX XXXXXXX XXX XX XXXX
04/05/2023 - R
03/29/2023 - D		 Mortgage
(2023040400771006)		 XXXXX XXXXX XXXXXXX XXX XX XXXX
04/05/2023 - R
03/29/2023 - D		 Deed
(2023040400771001)		 XXXXXX XXXXXX XXXXXXXXXXX XXX XXXXX XXXXX XXXXXXX XXX
04/05/2023 - R
03/14/2023 - D		 Satisfaction of Mortgage
(2023040400771002)		 XXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXXXXXX X X
04/05/2023 - R
03/10/2023 - D		 Assignment, Mortgage
(2023040400771005)		 XXXX XX XXXXXXX X X XX XXXX
04/05/2023 - R
03/10/2023 - D		 Termination of Assign of L&R
(2023040400771004)		 XXXX XX XXXXXXX X X XXXXXX XXXXXX XXXXXXXXXXX XXX
04/05/2023 - R
03/10/2023 - D		 Termination of Assign of L&R
(2023040400771003)		 XXXX XX XXXXXXX X X XX XXXXXXXXX X X XXXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 3960 Merritt Avenue, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$81,650
Municipal exemptions
Recent tax assessments
Market value
$1,752,000
Assessed value
$788,400

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,790,000 $805,500 $714,510 10.848% $77,510 $77,510 +1.98%
2024/25 $1,629,000 $733,050 $706,230 10.762% $76,004 $76,004 +1.32%
2023/24 $1,621,000 $729,450 $708,210 10.592% $75,014 $75,014 +1.69%
2022/23 $1,571,000 $706,950 $692,910 10.646% $73,767 $73,767 +14.77%
2021/22 $1,328,000 $597,600 $597,600 10.755% $64,272 $64,272 -9.81%
2020/21 $1,698,000 $764,100 $666,360 10.694% $71,261 $71,261 +11.77%
2019/20 $1,651,000 $742,950 $605,070 10.537% $63,756 $63,756 +12.03%
2018/19 $1,451,000 $652,950 $541,260 10.514% $56,908 $56,908 +10.39%
2017/18 $1,407,000 $633,150 $490,320 10.514% $51,552 $51,552 +10.82%
2016/17 $1,197,000 $538,650 $439,920 10.574% $46,517 $46,517 +6.88%
Permits

Permit information for 3960 Merritt Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
11/22/2023 Alteration
11/22/2023 Alteration
12/14/2022 Alteration
03/08/2022 Alteration
05/17/2004 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Dyre Ave & Light St at NE Corner
Station lines
5
Distance (miles)
0.234
View subway map

Access the detailed traffic volume map for 3960 Merritt Avenue, Bronx, NY 10466 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 3960 Merritt Avenue, Bronx, NY

3920 Merritt Ave, Bronx 1605 E 233rd St, Bronx 4032 Rombouts Ave, Bronx 4022 Rombouts Ave, Bronx 3919 Mulvey Ave, Bronx 3926 Mulvey Ave, Bronx 3940 Merritt Ave, Bronx 1611 E 233rd St, Bronx 4018 Rombouts Ave, Bronx 3913 Provost Ave, Bronx 1619 E 233rd St, Bronx 3969 Rombouts Ave, Bronx 3931 Mulvey Ave, Bronx 1625 E 233rd St, Bronx 1629 E 233rd St, Bronx 3966 Merritt Ave, Bronx 1621 E 233rd St, Bronx 3923 Mulvey Ave, Bronx 3915 Provost Ave, Bronx 4014 Rombouts Ave, Bronx

Nearby ZIP codes for 3960 Merritt Avenue, Bronx, NY

10458, New York City, NY 10460, New York City, NY 10461, New York City, NY 10462, New York City, NY 10463, New York City, NY 10464, New York City, NY 10467, New York City, NY 10468, New York City, NY 10469, New York City, NY 10470, New York City, NY 10471, New York City, NY 10550, Westchester County, NY 10552, Westchester County, NY 10553, Westchester County, NY 10704, Westchester County, NY 10705, Westchester County, NY 10708, Westchester County, NY 10801, Westchester County, NY 10803, Westchester County, NY

Frequently asked questions

What is the year built for 3960 Merritt Avenue, Bronx, NY 10466?

The development at 3960 Merritt Avenue, Bronx, NY 10466 was built in 1959.

What is the market value of 3960 Merritt Avenue, Bronx, NY 10466?

The current market value of 3960 Merritt Avenue, Bronx, NY 10466 is $1,752,000.

What is the total square footage of 3960 Merritt Avenue, Bronx, NY 10466?

3960 Merritt Avenue, Bronx, NY 10466 has a total of 20,000 square feet.

What is the price per square foot for this property?

$462 per square foot is the price for 3960 Merritt Avenue, Bronx, NY 10466.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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