Bronx  »  10456  »  Clay Ave  »  1240 Clay Ave

Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 Property Information

Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 2
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Address

Building name Claremont 4 Houses
Primary address Claremont 4 Houses - 1240 Clay Avenue
Neighborhood Concourse Village
Zip code 10456
Borough Bronx
Block & lot 02427-0007

Sales & Tax Overview for 1240 Clay Avenue, Bronx

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Tax class

Lot & Building Information for 1240 Clay Avenue, Bronx

Lot sqft 3,220
Lot dimensions 40.25 ft x 80 ft
Building class Over Six Families without Stores (C1)
Building sqft 11,345
Building dimensions 40.25 ft x 68 ft
Buildings on lot 1
Stories 5
Year built 1928
Construction type
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Zoning & Use for 1240 Clay Avenue, Bronx

Zoning
Qualified opportunity zone
Residential units (DOF) 11
Residential sqft

Area Overview

Walk Score
85 /100. Very Walkable
Transit Score
96 /100. Rider's Paradise
Bike Score
66 /100. Bikeable

School district 9
Community district 4
Closest police station 0.55 Miles
Closest fire station 0.21 Miles

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

Other Property Data for 1240 Clay Avenue, Bronx

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Floor area ratio (FAR) for Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456, 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 Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1240 Clay Avenue, Bronx

What is the year built & the total sq. ft. for Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456?

Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 was built in 1928 and has a total of 11,345 square feet.

What is the assessed value of Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456?

The assessed market value for the current tax year is $199,350.

When was Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 last sold?

Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456 was last sold in 09/11/1986.

How many residential units does this building have?

This building has 11 residential unit(s).

Ownership Information for 1240 Clay Avenue, Bronx

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Property owner name for Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456
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Building contacts for Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 1240 Clay Avenue, Bronx

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No recorded sales for this property.

Title Documents for 1240 Clay Avenue, Bronx

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
04/25/2005 - D
05/06/2005 - R		 Declaration
(2005050300982001)
08/22/1988 - R Uniform Commercial Code 3
(2360000886336)
11/17/1986 - R Satisfaction of Mortgage
(2660000660766)
10/02/1986 - R Uniform Commercial Code 3
(2370000883137)
10/02/1986 - R Release
(2740000655974)
09/11/1986 - D
10/02/1986 - R		 Deed
(2720000655972)
02/14/1986 - R Uniform Commercial Code 1
(2560000882156)
07/17/1984 - R Uniform Commercial Code 1
(2190000880619)
07/17/1984 - R Mortgage
(2250000598625)
07/05/1984 - D
07/17/1984 - R		 Deed
(2240000598624)
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R: Recorded date
D: Document date

Property Taxes for 1240 Clay Avenue, Bronx

Access detailed property tax data for Claremont 4 Houses - Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $443,000
Assessed value: $199,350
Exemptions granted by city:

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Assessment History for 1240 Clay Avenue, Bronx

Here's the assessment & property tax history for 1240 Clay Avenue, 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 $443,000 $199,350 $0 12.439% $22,704 $0 n/a
2024/25 $394,000 $177,300 $0 12.5% $22,163 $0 n/a
2023/24 $427,000 $192,150 $0 12.502% $22,144 $0 n/a
2022/23 $424,000 $190,800 $0 12.267% $21,153 $0 n/a
2021/22 $340,000 $153,000 $0 12.235% $18,720 $0 n/a
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Permits for 1240 Clay Avenue, Bronx

The complete history of permits filed for 1240 Clay Avenue, 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
04/20/2021 Alteration
03/12/2021 Alteration
10/27/2020 Alteration
09/18/2018 Alteration
03/22/2018 Alteration type 2
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More about New York City Property Records

Bronx Commercial Market Stats

Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$329
9.1% YoY
Median Price/Sqft Q4/2025
$288
0.3% YoY
Median Price/Sqft 2025
$287
0.3% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Grand Concourse & 167th St at NE Corner
Station lines B-D
Distance (miles) 0.397
View subway map
Bus Routes
Name Webster Av/E 169 St
Line BX41
Distance (miles) 0.07

Neighbors for 1240 Clay Avenue, Bronx

Here are the neighbors for Claremont 4 Houses - Claremont 4 Houses - 1240 Clay Avenue, Bronx, NY 10456.

Address Square feet Purchase date Purchase price
1272 Clay Ave, Bronx 11,345 05/20/2025 $11,000,000
1278 Clay Ave, Bronx 11,642 12/21/1984
1161 Webster Ave, Bronx 10,000 09/23/1997
1201 Webster Ave, Bronx 180 09/30/2014 $3,343,667
1248 Clay Ave, Bronx 11,345 10/23/1986
1268 Clay Ave, Bronx 11,345 06/27/2013 $7,526,377
391 E 168th St, Bronx 11,055 06/29/2017 $9,347,504
1244 Clay Ave, Bronx 11,345 05/15/1985
1260 Clay Ave, Bronx 13,614 05/20/2025 $11,000,000
1236 Clay Ave, Bronx 11,345 05/20/1985
382 E 168th St, Bronx 10,965 06/26/2017 $4,752,468
1264 Clay Ave, Bronx 11,345 05/20/2025 $11,000,000
1232 Clay Ave, Bronx 11,345 05/20/1985
1228 Clay Ave, Bronx 11,345 09/11/1986
1276 Clay Ave, Bronx 13,614 05/20/2025 $11,000,000
1175 Webster Ave, Bronx 16,400 01/16/2025 $5,500,000
1210 Clay Ave, Bronx 10,980 04/17/1986
1252 Clay Ave, Bronx 11,345 10/23/1986
1256 Clay Ave, Bronx 11,345 10/02/2001
1208 Clay Ave, Bronx 10,980 06/20/1996
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