New York City  »  10461  »  Waters Pl  »  1240 Waters Pl

1240 Waters Place, Bronx, NY 10461 - Property report

Also known as: 1240 Waters Pl

Property image for 1240 Waters Place, Bronx, NY 10461
static Mapbox map

Property type

All Parking Garages (G1)

Year built

2014

Lot sq. ft.

121,638

General information

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Address
Primary address
1240 Waters Place
ZIP code
10461
Neighborhood
Pelham Bay
Borough
Bronx
Block & lot
04226-0035

Owner

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Building
Property type
All Parking Garages (G1)
Building sq. ft.
279,670
Buildings on lot
1
Stories
4
Year built
2014
Building material
Reinfor Conc
Tax
Tax year
2026-2027
Property tax
$321,261
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
1
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Marconi Street (wide)
BX State Hospital Entrance (narrow)
Distance to wide street
Lot dimensions
588.99 ft x 220.93 ft
Lot sq. ft.
121,638

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
83 /100.  Excellent Transit
Bike score
90 /100.  Biker's Paradise
School district
11
Community district
11

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

Ownership

Ownership information for 1240 Waters Place, Bronx, NY

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

Sales history for 1240 Waters Place, Bronx, NY 10461

No recently recorded sales for this property.

More about New York City property records.

Title documents

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

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 Waters Place, 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
$321,261
Municipal exemptions
Recent tax assessments
Market value
$28,150,000
Assessed value
$12,667,500

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 $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%
2020/21 $27,760,000 $12,492,000 $10,174,950 10.694% $1,088,109 $1,088,109 +7.51%
2019/20 $25,760,000 $11,592,000 $9,605,340 10.537% $1,012,115 $1,012,115 +3.12%
2018/19 $24,976,000 $11,239,200 $9,335,430 10.514% $981,527 $981,527 +2.31%
2017/18 $23,763,000 $10,693,350 $9,125,066 10.514% $959,409 $959,409 +86.76%
2016/17 $10,796,000 $4,858,200 $4,858,200 10.574% $513,706 $513,706 -50.01%
Permits

Permit information for 1240 Waters Place, Bronx, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

VanNest, Morris Park, Westchester Square residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Bronx median sale price

$352,500

13.7% 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
0.2,AE,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Edison Ave & Buhre Ave at SW Corner
Station lines
6
Distance (miles)
0.494
View subway map

Access the detailed traffic volume map for 1240 Waters Place, Bronx, NY 10461 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Our Saviour Lutheran School NR No Private K-12 187 0.33
St. Theresa School NR No Private PK-8 449 0.33
St. Theresa School NR No Private PK-8 449 0.33
St Francis Xavier School NR No Private PK-8 295 0.33
Carl C. Icahn Charter School 4 9 No Charter K-8 348 0.40
Icahn Charter School 3 9 No Charter K-8 330 0.40
Icahn Charter School 5 9 No Charter K-8 344 0.40
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Our Saviour Lutheran School NR No Private K-12 187 0.33
St. Theresa School NR No Private PK-8 449 0.33
St Francis Xavier School NR No Private PK-8 295 0.33
Carl C. Icahn Charter School 4 9 No Charter K-8 348 0.40
Icahn Charter School 3 9 No Charter K-8 330 0.40
Icahn Charter School 5 9 No Charter K-8 344 0.40
St. Francis Xavier School NR No Private PK, K-8 0 0.65
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Schuylerville Preparatory High School 2 No Public 9-12 372 0.78
Renaissance High School for Musical Theater and Technology 4 No Public 9-12 433 0.78
Pelham Lab High School 2 No Public 9-12 313 0.78
P.S. 12 Lewis And Clark School NR No Public 6-12 287 0.79
E MONROE NEW RENAISSANCE BASKETBALL NR No Charter 9 228 0.79

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 Waters Place, Bronx, NY

1183 E 213th St, Bronx 2401 Watson Ave, Bronx 1427 Doris St, Bronx 1108 Zerega Ave, Bronx 937 Croes Ave, Bronx 3131 Westchester Ave, Bronx 1920 Hobart Ave, Bronx 1185 E 213th St, Bronx 1429 Doris St, Bronx 720 E 217th St, Bronx 722 E 220th St, Bronx 1186 E 214th St, Bronx 1435 Doris St, Bronx 1184 E 214th St, Bronx 1696 Banyer Pl, Bronx 3701 Olinville Ave, Bronx 724 E 221st St, Bronx 1425 Doris St, Bronx 1433 Doris St, Bronx 1702 Pilgrim Ave, Bronx

Nearby ZIP codes for 1240 Waters Place, Bronx, NY

10456, New York City, NY 10457, New York City, NY 10458, New York City, NY 10459, New York City, NY 10460, New York City, NY 10462, New York City, NY 10464, New York City, NY 10465, New York City, NY 10466, New York City, NY 10467, New York City, NY 10468, New York City, NY 10469, New York City, NY 10470, New York City, NY 10472, New York City, NY 10473, New York City, NY 10474, New York City, NY 10550, Westchester County, NY 11356, New York City, NY 11357, New York City, NY

Frequently asked questions

What is the year built for 1240 Waters Place, Bronx, NY 10461?

The development at 1240 Waters Place, Bronx, NY 10461 was built in 2014.

What is the total square footage of 1240 Waters Place, Bronx, NY 10461?

1240 Waters Place, Bronx, NY 10461 has a total of 279,670 square feet.

What is the assessed value of 1240 Waters Place, Bronx, NY 10461?

1240 Waters Place, Bronx, NY 10461 is currently assessed at $12,667,500.

What are the property taxes for 1240 Waters Place, Bronx, NY 10461?

The property taxes for 1240 Waters Place, Bronx, NY 10461 total $1,263,845.

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