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1040 Sherman Avenue, Bronx, NY 10456 Property Information

1040 Sherman Avenue, Bronx, NY 10456 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1040 Sherman Avenue, Bronx, NY 10456 2
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Address

Primary address 1040 Sherman Avenue
Secondary address 225-229 E 165th St
Neighborhood Concourse Village
Zip code 10456
Borough Bronx
Block & lot 02451-0001

Sales & Tax Overview for 1040 Sherman Avenue, Bronx

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

Purchase date 12/18/2012
Purchase price $378,422
Tax class
Estimated property tax $103,899

Lot & Building Information for 1040 Sherman Avenue, Bronx

Lot sq. ft. 9,690
Lot dimensions 75 ft x 107.3 ft
Property type One Story Retail Building (K1)
Building sqft 9,690
Building dimensions 100 ft x 75 ft
Buildings on lot 1
Stories 1
Year built 1992
Construction type
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Zoning & Use for 1040 Sherman Avenue, Bronx

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 9
Community district 4
Closest police station 0.51 Miles
Closest fire station 0.37 Miles

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

Other Property Data for 1040 Sherman Avenue, Bronx

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1040 Sherman 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 1040 Sherman Avenue, Bronx, NY 10456, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 225-229 E 165th St, Bronx, NY 10456
  • 1040-1044 Sherman Ave, Bronx, NY 10456

About 1040 Sherman Avenue, Bronx

How many sq. ft. does 1040 Sherman Avenue, Bronx, NY 10456 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1040 Sherman Avenue, Bronx, NY 10456 has a total of 9,690 square feet and a current price per square foot of $39.

What is the year built & the current market value of 1040 Sherman Avenue, Bronx, NY 10456?

1040 Sherman Avenue, Bronx, NY 10456 was built in 1992 and has a current tax assessor's market value of $2,276,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1040 Sherman Avenue, Bronx

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Property owner name for 1040 Sherman Avenue, Bronx, NY 10456
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Building contacts for 1040 Sherman Avenue, Bronx, NY 10456
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1040 Sherman Avenue, Bronx

Create a free account to view the complete sales history for 1040 Sherman Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/18/2012 $378,422

Title Documents for 1040 Sherman 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
07/12/2013 - D
09/15/2014 - R
Discharge of Tax Lien
(2014090500778001)
12/18/2012 - D
02/15/2013 - R
NYC Real Property Transfer Tax
(2013011501315001)
09/28/2012 - D
06/20/2014 - R
Discharge of Tax Lien
(2014061801473001)
12/28/1995 - R Agreement
(2730004974373)
12/28/1995 - R Assignment, Mortgage
(2290004973829)
02/23/1993 - R Street Procedure
(2270000853527)
03/01/1991 - R Deed
(2840000802684)
02/06/1991 - R Mortgage
(2240000801124)
11/05/1976 - D
11/05/1976 - R
Deed
(37620031801624)
06/10/1975 - R Deed
(37520027900881)
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R: Recorded date
D: Document date

Property Taxes for 1040 Sherman Avenue, Bronx

Access detailed property tax data for 1040 Sherman 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: $95,836
Estimated property tax: $103,899
Tax assessor's market value: $2,276,000
Assessed value: $1,024,200

Assessment History for 1040 Sherman Avenue, Bronx

Here's the assessment & property tax history for 1040 Sherman 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 $2,276,000 $1,024,200 $883,440 10.848% $95,836 $95,836 +3.82%
2024/25 $2,028,000 $912,600 $857,700 10.762% $92,306 $92,306 +3.67%
2023/24 $2,026,000 $911,700 $840,600 10.592% $89,036 $89,036 -1.77%
2022/23 $2,366,000 $1,064,700 $851,400 10.646% $90,640 $90,640 +25.19%
2021/22 $1,496,000 $673,200 $673,200 10.755% $72,403 $72,403 -12.62%

Permits for 1040 Sherman Avenue, Bronx

The complete history of permits filed for 1040 Sherman 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
06/03/2023 Alteration
11/18/2021 Alteration
04/06/2018 Alteration
07/07/1995 Alteration type 2
08/26/1994 New building
10/08/1993 Alteration type 2
10/07/1993 New building
10/07/1992 New building
10/07/1992 New building
10/07/1992 New building
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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
$332
8.3% YoY
Median Price/Sqft Q4/2025
$294
0.8% YoY
Median Price/Sqft 2025
$292
-1.2% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station Grand Concourse & 167th St at SE Corner
Station lines B-D
Distance (miles) 0.288
View subway map
Bus Routes
Name Morris Av/E 165 St
Line BX32
Distance (miles) 0.091

Neighbors for 1040 Sherman Avenue, Bronx

Here are the neighbors for 1040 Sherman Avenue, Bronx, NY 10456.

Address Square feet Purchase date Purchase price
1069 Grant Ave, Bronx 3,496 03/27/2018 $800,000
1279 Morris Ave, Bronx 12,115 04/06/2016 $2,179,548
266 E 169th St, Bronx 27,750 12/18/2014 $19,037,955
1225 Morris Ave, Bronx 44,262 12/06/1991
1269 Morris Ave, Bronx 12,115 11/24/2010 $333,333
1073 Grant Ave, Bronx 3,496 10/26/2004
1063 Grant Ave, Bronx 3,496 08/12/2016
1261 Morris Ave, Bronx 11,250
1056 Sherman Ave, Bronx 62,976 09/03/2014 $8,800,000
1065 Grant Ave, Bronx 3,496 08/12/2016
1257 Morris Ave, Bronx 26,585 10/05/1981
1067 Grant Ave, Bronx 3,496 02/11/2010
261 E 167th St, Bronx 10,000 08/25/2016
1271 Morris Ave, Bronx 12,115 11/24/2010 $333,333
1075 Grant Ave, Bronx 3,828 03/25/2024 $1,800,000
1061 Grant Ave, Bronx 4,722 06/17/2024 $1,175,000
1235 Morris Ave, Bronx 41,952 03/01/2016 $6,246,723
1060 Sherman Ave, Bronx 62,042 06/30/2021 $13,218,741
1071 Grant Ave, Bronx 3,496 11/01/2000
1277 Morris Ave, Bronx 12,115 09/05/2008 $855,000
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