Bronx  »  10453  »  Jerome Ave  »  1940 Jerome Ave

1940 Jerome Avenue, Bronx, NY 10453 - Property report

Also known as: 1936-1940 Jerome Ave

Property image for 1940 Jerome Avenue, Bronx, NY 10453
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2025

Lot sq. ft.

10,852

Sale price

$7,422,118

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1940 Jerome Avenue
Alternate address(es)
1936-1940 Jerome Ave
ZIP code
10453
Neighborhood
Mount Hope
Borough
Bronx
Block & lot
02853-0012

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
97,704
Building dimensions
127 ft x 76 ft
Buildings on lot
1
Stories
13
Year built
2025
Building material
Sales
Sale date
03/27/2024
Sale price
$7,422,118
Tax
Tax year
2026-2027
Property tax
$996
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
115
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
126.69 ft x 100 ft
Lot sq. ft.
10,852

Area overview

Walk score
90 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
9
Community district
5
Closest police station
0.52 Miles
Closest fire station
0.33 Miles

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

Ownership

Ownership information for 1940 Jerome Avenue, Bronx, NY

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

Sales history for 1940 Jerome Avenue, Bronx, NY 10453

Sale date Sale price Buyer name Seller name
03/27/2024 $7,422,118 XXXX XXXXXX XXX XXXXXXXX XXX XXX XXXXXX XXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXXXXX XXXXXX XXXXXX XX XXXXXX XXX XXX XXX XXXXXXXX XXXXXXXXXXXX XXX
12/30/2021 $5,450,000 XXXXXX XXXXXX XX XXXXXX XXX XXX XXX XXXXXXXX XXXXXXXXXXXX XXX XXXX & XXXX XXXXXX XXX XXX
08/22/2018 $1,860,000 XXXX & XXXX XXXXXX XXX XXX XXXXXX XX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/24/2026 - R
02/19/2026 - D		 Agreement
(2026032300182001)		 XXXX XXXXXX XXX XXXXXXXX XXX XXXXXXX XXX
03/24/2026 - R
02/10/2026 - D		 Assignment, Mortgage
(2026032300182002)		 XXXXXXX XXX XXXXXX XXXXXXXX XXXX
04/10/2024 - R Initial UCC1
(2024040100401023)		 XXXX XXXXXX XXX XXXXXXXX XXX XXX XXXX XXXXX XXXXXXX XXXXXX
04/10/2024 - R Initial UCC1
(2024040100401022)		 XXXX XXXXXX XXX XXXXXXXX XXX XXX XXXX XXXXX XXXXXXX XXXXXX
04/10/2024 - R UCC3 Termination
(2024040100401021)		 XXXXXX XXXXXX XX XXXXXX XXX XXXXXXXX X X
04/10/2024 - R
03/27/2024 - D		 Agreement
(2024040100401020)		 XXX XXXX XX XXX XXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
04/10/2024 - R
03/27/2024 - D		 Agreement
(2024040100401019)		 XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX XX XXXX X X
04/10/2024 - R
03/27/2024 - D		 Mortgage
(2024040100401018)		 XXXX XXXXXX XXX XXXXXXXX XXX XXXXXXX XXX
04/10/2024 - R
03/27/2024 - D		 Mortgage
(2024040100401017)		 XXXX XXXXXX XXX XXXXXXXX XXX XXXXXXX XXX
04/10/2024 - R
03/27/2024 - D		 Mortgage
(2024040100401016)		 XXXX XXXXXX XXX XXXXXXXX XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1940 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
$996
Municipal exemptions
Recent tax assessments
Market value
$178,000
Assessed value
$80,100

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 $178,000 $80,100 $8,010 10.848% $8,689 $869 -98.40%
2024/25 $1,218,000 $548,100 $505,440 10.762% $54,395 $54,395 +61.33%
2023/24 $737,000 $331,650 $318,330 10.592% $33,718 $33,718 +4.73%
2022/23 $682,000 $306,900 $302,400 10.646% $32,194 $32,194 +13.71%
2021/22 $585,000 $263,250 $263,250 10.755% $28,313 $28,313 -15.08%
2020/21 $809,000 $364,050 $311,760 10.694% $33,340 $33,340 +3.80%
2019/20 $724,000 $325,800 $304,830 10.537% $32,120 $32,120 +21.23%
2018/19 $560,000 $252,000 $252,000 10.514% $26,495 $26,495 -25.02%
2017/18 $847,000 $381,150 $336,078 10.514% $35,335 $35,335 +5.72%
2016/17 $821,000 $369,450 $316,097 10.574% $33,424 $33,424 +5.10%
Permits

Permit information for 1940 Jerome Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
06/03/2026 New building
04/10/2026 New building
03/03/2026 New building
01/13/2026 Alteration
12/08/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/23/2024 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Jerome Ave & Burnside Ave at SE Corner
Station lines
4
Distance (miles)
0.188
View subway map

Access the detailed traffic volume map for 1940 Jerome Avenue, Bronx, NY 10453 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

Neighbors for 1940 Jerome Avenue, Bronx, NY

1932 Jerome Ave, Bronx 12 E Tremont Ave, Bronx 29 E 177th St, Bronx 23 MT Hope Pl, Bronx 27 MT Hope Pl, Bronx 1915 Walton Ave, Bronx 1900 Jerome Ave, Bronx 21 MT Hope Pl, Bronx 1946 Jerome Ave, Bronx 1937 Walton Ave, Bronx 1921 Walton Ave, Bronx 1934 Jerome Ave, Bronx 1931 Walton Ave, Bronx 1917 Walton Ave, Bronx 1928 Jerome Ave, Bronx 25 MT Hope Pl, Bronx 29 MT Hope Pl, Bronx 1956 Jerome Ave, Bronx

Nearby ZIP codes for 1940 Jerome Avenue, Bronx, NY

07632, Bergen County, NJ 10030, New York City, NY 10031, New York City, NY 10032, New York City, NY 10033, New York City, NY 10034, New York City, NY 10037, New York City, NY 10039, New York City, NY 10040, New York City, NY 10451, New York City, NY 10452, New York City, NY 10454, New York City, NY 10455, New York City, 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 10463, New York City, NY 10468, New York City, NY

Frequently asked questions

What is the year built for 1940 Jerome Avenue, Bronx, NY 10453?

The development at 1940 Jerome Avenue, Bronx, NY 10453 was built in 2025.

What is the market value of 1940 Jerome Avenue, Bronx, NY 10453?

The current market value of 1940 Jerome Avenue, Bronx, NY 10453 is $178,000.

What is the total square footage of 1940 Jerome Avenue, Bronx, NY 10453?

1940 Jerome Avenue, Bronx, NY 10453 has a total of 97,704 square feet.

What is the price per square foot for this property?

$75 per square foot is the price for 1940 Jerome Avenue, Bronx, NY 10453.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 1940 Jerome Avenue, Bronx, NY 10453 have?

This address has 1 active listing(s).

Disclaimer

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