New York City  »  10452  »  Jerome Ave  »  1506 Jerome Ave

1506 Jerome Avenue, Bronx, NY 10452 - Property report

Also known as: 5 E 172nd St

Property image for 1506 Jerome Avenue, Bronx, NY 10452
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1920

Lot sq. ft.

7,555

Sale price

$3,300,000

General information

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Address
Primary address
1506 Jerome Avenue
Alternate address(es)
5 E 172nd St
ZIP code
10452
Neighborhood
Mount Eden
Borough
Bronx
Block & lot
02846-0004

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
4,315
Building dimensions
50 ft x 90 ft
Buildings on lot
1
Stories
1
Year built
1920
Building material
Sales
Sale date
06/04/2019
Sale price
$3,300,000 - M
Tax
Tax year
2026-2027
Property tax
$32,228
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
50.05 ft x 97.68 ft
Lot sq. ft.
7,555

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
63 /100.  Bikeable
School district
9
Community district
4
Closest police station
0.35 Miles
Closest fire station
0.52 Miles

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

Ownership information for 1506 Jerome Avenue, Bronx, NY

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

Sales history for 1506 Jerome Avenue, Bronx, NY 10452

Sale date Sale price Buyer name Seller name
06/04/2019 $3,300,000 XXXXX XXXXXXX XXX XXXXXX XXXX-XXXX XXXXXX XXXXXX XXX
05/04/2011 $1,900,000 XXXXXX XXXX-XXXX XXXXXX XXXXXX XXX XXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/27/2023 - R UCC3 Termination
(2023062200768001)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
07/27/2023 - R
07/11/2023 - D
Satisfaction of Mortgage
(2023062200768003)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
07/27/2023 - R
06/22/2023 - D
Termination of Assign of L&R
(2023062200768002)
XXXXXXXX XXXX XXXXX XXXXXXX XXX
02/14/2022 - R UCC3 Termination
(2022020400474007)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
02/14/2022 - R Initial UCC1
(2022020400474005)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
02/14/2022 - R
12/29/2021 - D
Agreement
(2022020400474004)
XXX XXXXXXX XXX XXX XXXXXXXX XXXX
02/14/2022 - R
12/29/2021 - D
Assignment of Leases and Rents
(2022020400474003)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
02/14/2022 - R
12/29/2021 - D
Mortgage
(2022020400474002)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
02/14/2022 - R
12/29/2021 - D
Certificate of Reduction
(2022020400474001)
XXXXX XXXXXXX XXX XXXXXXXX XXXX
02/14/2022 - R
12/27/2021 - D
Termination of Assign of L&R
(2022020400474006)
XXXXX XXXXXXX XXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1506 Jerome 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
$32,228
Municipal exemptions
Recent tax assessments
Market value
$696,000
Assessed value
$313,200

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 $670,000 $301,500 $286,290 10.848% $31,057 $31,057 +1.63%
2024/25 $631,000 $283,950 $283,950 10.762% $30,559 $30,559 -3.15%
2023/24 $662,000 $297,900 $297,900 10.592% $31,554 $31,554 +2.59%
2022/23 $642,000 $288,900 $288,900 10.646% $30,756 $30,756 +10.33%
2021/22 $576,000 $259,200 $259,200 10.755% $27,877 $27,877 -20.65%
2020/21 $776,000 $349,200 $328,530 10.694% $35,133 $35,133 +2.11%
2019/20 $731,000 $328,950 $326,550 10.537% $34,409 $34,409 -1.45%
2018/19 $814,000 $366,300 $332,090 10.514% $34,916 $34,916 +1.29%
2017/18 $777,000 $349,650 $327,847 10.514% $34,470 $34,470 +3.88%
2016/17 $773,000 $347,850 $313,807 10.574% $33,182 $33,182 +3.23%

Permit information for 1506 Jerome Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
02/06/2025 Alteration
06/05/2024 Alteration
04/12/2021 Alteration
01/25/2012 Alteration type 1
01/25/2012 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/04/1998 Ll6291-local law 62/91 - boilers
09/16/1997 Ll6291-local law 62/91 - boilers
02/10/1997 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Jerome Ave & MT Eden Ave at NE Corner
Station lines
4
Distance (miles)
0.15

Access the detailed traffic volume map for 1506 Jerome Avenue, Bronx, NY 10452 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

Frequently asked questions

What is the year built for 1506 Jerome Avenue, Bronx, NY 10452?

The development at 1506 Jerome Avenue, Bronx, NY 10452 was built in 1920.

What is the market value of 1506 Jerome Avenue, Bronx, NY 10452?

The current market value of 1506 Jerome Avenue, Bronx, NY 10452 is $696,000.

What is the total square footage of 1506 Jerome Avenue, Bronx, NY 10452?

1506 Jerome Avenue, Bronx, NY 10452 has a total of 4,315 square feet.

What is the price per square foot for this property?

$764 per square foot is the price for 1506 Jerome Avenue, Bronx, NY 10452.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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