Bronx  »  10453  »  Jerome Ave  »  1940 Jerome Ave

1940 Jerome Avenue, Bronx, NY 10453 Property Information

Also known as: 1936 Jerome Ave, Bronx, NY 10453

1940 Jerome Avenue, Bronx, NY 10453 Property Information

Also known as: 1936 Jerome Ave, Bronx, NY 10453

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1940 Jerome Avenue, Bronx, NY 10453 1
static Mapbox map

Address

Primary address 1940 Jerome Avenue
Neighborhood Mount Hope
Zip code 10453
Borough Bronx
Block & lot 02853-0012

Sales & Tax Overview for 1940 Jerome Avenue, Bronx

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

Purchase date 03/27/2024
Purchase price $7,422,118
Tax class
Estimated property tax $71,514

Lot & Building Information for 1940 Jerome Avenue, Bronx

Lot sq. ft. 10,852
Lot dimensions 126.69 ft x 100 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 97,704
Buildings on lot 1
Stories 13
Year built 2025
Status
Status date
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Zoning & Use for 1940 Jerome Avenue, Bronx

Zoning
Residential units (DOF) 115
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 9
Community district 5
Closest police station 0.52 Miles
Closest fire station 0.33 Miles

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

Other Property Data for 1940 Jerome 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 1940 Jerome Avenue, Bronx, NY 10453, 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 1940 Jerome Avenue, Bronx, NY 10453, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1940 Jerome Avenue, Bronx

How many sq. ft. does 1940 Jerome Avenue, Bronx, NY 10453 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 1940 Jerome Avenue, Bronx, NY 10453 has a total of 97,704 square feet and a current price per square foot of $75.

What is the year built & the current market value of 1940 Jerome Avenue, Bronx, NY 10453?

1940 Jerome Avenue, Bronx, NY 10453 was built in 2025 and has a current tax assessor's market value of $178,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 1940 Jerome Avenue, Bronx

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Property owner name for 1940 Jerome Avenue, Bronx, NY 10453
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Building contacts for 1940 Jerome Avenue, Bronx, NY 10453
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 1940 Jerome Avenue, Bronx

No photo available
1940 Jerome Avenue
Listing type For Lease
Listing date 08/28/2025
Last updated 04/22/2026
Lot size 0.249 Acre
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 8,608 Eli Yadid
Royee Zarum
Active Listings For This Property:
For Lease No photo available
1940 Jerome Avenue
1940 Jerome Avenue, Bronx
Property Retail
Availability 1 Spaces listed / 8608 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 1940 Jerome Avenue, Bronx

Create a free account to view the complete sales history for 1940 Jerome Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/27/2024 $7,422,118
12/30/2021 $5,450,000
08/22/2018 $1,860,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 1940 Jerome 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
02/19/2026 - D
03/24/2026 - R
Agreement
(2026032300182001)
02/10/2026 - D
03/24/2026 - R
Assignment, Mortgage
(2026032300182002)
04/10/2024 - R Initial UCC1
(2024040100401023)
04/10/2024 - R Initial UCC1
(2024040100401022)
04/10/2024 - R UCC3 Termination
(2024040100401021)
03/27/2024 - D
04/10/2024 - R
Agreement
(2024040100401020)
03/27/2024 - D
04/10/2024 - R
Agreement
(2024040100401019)
03/27/2024 - D
04/10/2024 - R
Mortgage
(2024040100401018)
03/27/2024 - D
04/10/2024 - R
Mortgage
(2024040100401017)
03/27/2024 - D
04/10/2024 - R
Mortgage
(2024040100401016)
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R: Recorded date
D: Document date

Property Taxes for 1940 Jerome Avenue, Bronx

Access detailed property tax data for 1940 Jerome Avenue, Bronx, NY 10453. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $996
Estimated property tax: $71,514
Tax assessor's market value: $178,000
Assessed value: $80,100
Exemptions granted by city:

Assessment History for 1940 Jerome Avenue, Bronx

Here's the assessment & property tax history for 1940 Jerome 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 $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%

Permits for 1940 Jerome Avenue, Bronx

The complete history of permits filed for 1940 Jerome 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
04/10/2026 New building
03/03/2026 New building
01/13/2026 Alteration
12/08/2025 Alteration
12/03/2025 Alteration
12/02/2025 Alteration
10/21/2025 Subdivision: condo
09/05/2025 Alteration
08/13/2025 Alteration
05/13/2025 Alteration
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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 Jerome Ave & Burnside Ave at SE Corner
Station lines 4
Distance (miles) 0.188
View subway map
Bus Routes
Name Jerome Av/E Tremont Av
Line BX32
Distance (miles) 0.058

Neighbors for 1940 Jerome Avenue, Bronx

Here are the neighbors for 1940 Jerome Avenue, Bronx, NY 10453.

Address Square feet Purchase date Purchase price
1932 Jerome Ave, Bronx 10,300 01/06/2025 $4,785,000
12 E Tremont Ave, Bronx 9,631 10/19/2005
29 E 177th St, Bronx 08/08/1978
23 MT Hope Pl, Bronx 10/03/2025 $1,900,000
27 MT Hope Pl, Bronx 3,300 12/03/2025
1915 Walton Ave, Bronx 03/23/1970
1900 Jerome Ave, Bronx 24,840 05/23/1990
21 MT Hope Pl, Bronx 37,495 09/20/2021 $782,500
1946 Jerome Ave, Bronx 12,500 06/24/1985
1937 Walton Ave, Bronx 03/15/2001
1921 Walton Ave, Bronx 13,335 12/01/1975
1934 Jerome Ave, Bronx 8,510 03/23/2012 $650,000
1931 Walton Ave, Bronx 07/31/1986
1917 Walton Ave, Bronx 06/08/1979
1928 Jerome Ave, Bronx 13,000 06/14/1990
25 MT Hope Pl, Bronx 2,200 10/03/2025 $2,500,000
29 MT Hope Pl, Bronx 12/03/2025
1956 Jerome Ave, Bronx 68,622 04/15/2021 $5,500,000
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