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1240 Waters Place, Bronx, NY 10461 Property Information

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Address

Primary address	1240 Waters Place
Neighborhood	Pelham Bay

Zip code	10461
Borough	Bronx
Block & lot	04226-0035

Sales & Tax Overview for 1240 Waters Place, Bronx

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class	Register
Estimated property tax	$365,809

Lot & Building Information for 1240 Waters Place, Bronx

Lot sq. ft.	121,638
Lot dimensions	588.99 ft x 220.93 ft
Property type	All Parking Garages (G1)
Building sqft	279,670
Buildings on lot	1
Stories	4
Structure type	Ramp garage
Building material	Reinforced concrete

Year built	2014
Frontage(s)	BX State Hospital Entrance (narrow) 2010 CB Boundary (narrow) District Boundary (narrow)
Nearest wide street	Marconi Street
Distance to wide street	Register

Zoning & Use for 1240 Waters Place, Bronx

Zoning	Register

Commercial units	1

Area Overview

Walk Score

Transit Score

Bike Score

School district	11
Community district	11

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1240 Waters Place, Bronx

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Floor area ratio (FAR) for 1240 Waters Place, Bronx, NY 10461, including commercial and residential FAR, FAR as built and usable floor area.

Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.

Violations for 1240 Waters Place, Bronx, NY 10461, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1240 Waters Place, Bronx

What is the year built & the total sq. ft. for 1240 Waters Place, Bronx, NY 10461?

1240 Waters Place, Bronx, NY 10461 was built in 2014 and has a total of 279,670 square feet.

What is the assessed value of 1240 Waters Place, Bronx, NY 10461 and the property tax paid?

Assessed at $12,420,450, the tax amount paid for 1240 Waters Place, Bronx, NY 10461 is $1,245,345. For the next year, the tax amount for 1240 Waters Place, Bronx, NY 10461 is estimated at $365,809.

When was 1240 Waters Place, Bronx, NY 10461 last sold?

1240 Waters Place, Bronx, NY 10461 was last sold in 11/19/2013.

Ownership Information for 1240 Waters Place, Bronx

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Property owner name for 1240 Waters Place, Bronx, NY 10461

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Building contacts for 1240 Waters Place, Bronx, NY 10461

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

Real Estate Reports:

Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens

Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.

Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M

New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.

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Past Sales & Property History for 1240 Waters Place, Bronx

Create a free account to view the complete sales history for 1240 Waters Place, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 1240 Waters Place, Bronx

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Date	Type	Amount	Party 1	Party 2	Doc image
01/19/2024 - D 04/29/2026 - R	Maps (2026042700541001)
12/17/2021 - R	UCC3 Amendment (2021121700748001)
11/22/2021 - R	UCC3 Continuation (2021111900252001)
10/25/2019 - D 10/31/2019 - R	Partial Release of Mortgage (2019103001018001)
11/30/2016 - R	Initial UCC1 (2016112800091007)
11/30/2016 - R	UCC3 Termination (2016112800091002)
11/21/2016 - D 11/30/2016 - R	Assignment of Leases and Rents (2016112800091006)
11/21/2016 - D 11/30/2016 - R	Agreement (2016112800091005)
11/21/2016 - D 11/30/2016 - R	Mortgage (2016112800091004)
11/21/2016 - D 11/30/2016 - R	Termination of Assign of L&R (2016112800091003)

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R: Recorded date
D: Document date

Property Taxes for 1240 Waters Place, Bronx

Access detailed property tax data for 1240 Waters Place, Bronx, NY 10461. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2025-2026
Property tax:	$306,518
Estimated property tax:	$365,809

Tax assessor's market value:	$27,601,000
Assessed value:	$12,420,450

More about New York City Property Taxes

Assessment History for 1240 Waters Place, Bronx

Here's the assessment & property tax history for 1240 Waters Place, Bronx, including the evolution of the total tax rate and corresponding property tax.

Year	Market value	Assessed value	Taxable	Tax rate %	Base tax	Property tax	Year over year change
2025/26	$27,601,000	$12,420,450	$11,479,957	10.848%	$1,245,346	$306,518	+3.65%
2024/25	$27,306,000	$12,287,700	$11,471,414	10.762%	$1,234,554	$295,726	+14.15%
2023/24	$25,532,000	$11,489,400	$11,309,421	10.592%	$1,197,894	$259,066	-25.58%
2022/23	$25,039,000	$11,267,550	$11,236,528	10.646%	$1,196,241	$348,110	+49.64%
2021/22	$22,331,000	$10,048,950	$10,048,950	10.755%	$1,080,765	$232,634	-78.62%

Permits for 1240 Waters Place, Bronx

The complete history of permits filed for 1240 Waters Place, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date	Job type	Job status	Job description	Initial cost
12/01/2020	Subdivision: improved
11/13/2020	Alteration type 2
04/25/2014	Alteration type 2
04/25/2014	Alteration type 2
01/09/2014	Alteration type 2
12/17/2013	New building
10/30/2013	Alteration type 3
10/16/2013	Alteration type 2
10/10/2013	Alteration type 2
10/10/2013	Alteration type 2

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More about New York City Property Records

Pelham Bay Residential Market Stats

Access a detailed real estate market overview of Pelham Bay so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Pelham Bay and compare it to other neighborhoods in Bronx.

Median Sale Price

$296,000

4.8% YoY

Median Price/Sqft

$450

15.8% YoY

Bronx Median Sale Price

$345,000

0% YoY

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

Risk

FEMA flood zone(s):	0.2,AE,X (See more on map)
Hurricane evacuation zone:	2 (See more on map)

Transportation

Distance to Subway

Closest station

Edison Ave & Buhre Ave at SW Corner

Station lines

Distance (miles)

0.494

View subway map

Bus Routes
Name	Marconi St/Hutch Metro Ctr
Line	BX24
Distance (miles)	0.102

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
P.S. 108 Philip J Abinanti	8	Yes	Public	PK, K-5	482	0.71
P.S. 108 Philip J Abinanti	8	Yes	Public	PK, K-5	482	0.71
Greek American Institute Of New York	NR	No	Private	K-8	145	0.33
St Francis Xavier School	NR	No	Private	PK-8	295	0.33
St Francis Xavier School	NR	No	Private	PK-8	295	0.33

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
Jhs 144 Michelangelo	6	Yes	Public	6-8	421	0.92
Pelham Gardens Middle School	4	Yes	Public	6-8	291	0.92
Greek American Institute Of New York	NR	No	Private	K-8	145	0.33
St Francis Xavier School	NR	No	Private	PK-8	295	0.33
St. Theresa School	NR	No	Private	PK-8	449	0.33

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance to school (mi)
Herbert H Lehman High School	NR	Yes	Public	9-12	1,071	0.78
Our Saviour Lutheran School	NR	No	Private	K-12	187	0.33
P.S. 721 Steven Mcsweeney School	NR	No	Public	9-12	484	0.60
Bronx River High School	5	No	Public	9-12	434	0.78
Westchester Square Academy	4	No	Public	9-12	407	0.78

Neighbors for 1240 Waters Place, Bronx

Here are the neighbors for 1240 Waters Place, Bronx, NY 10461.

Address	Square feet	Purchase date	Purchase price
1183 E 213th St, Bronx	7,170	06/20/2019
2401 Watson Ave, Bronx	7,230
1427 Doris St, Bronx	8,900
1108 Zerega Ave, Bronx	13,880	05/06/2021	$7,000,000
937 Croes Ave, Bronx	5,250	04/24/2014	$895,000
3131 Westchester Ave, Bronx	6,910	05/18/2017
1920 Hobart Ave, Bronx	2,040	01/08/2009
1185 E 213th St, Bronx	7,197	06/20/2019
1429 Doris St, Bronx	9,000
720 E 217th St, Bronx	19,225
722 E 220th St, Bronx	7,840	06/20/2019
1186 E 214th St, Bronx	7,344	06/20/2019
1435 Doris St, Bronx	7,265
1184 E 214th St, Bronx	7,668	06/20/2019
1696 Banyer Pl, Bronx	4,500	12/15/2025	$975,000
3701 Olinville Ave, Bronx	7,236	03/13/2007
724 E 221st St, Bronx	29,320
1425 Doris St, Bronx	8,900
1433 Doris St, Bronx	7,265
1702 Pilgrim Ave, Bronx	883