Bronx » 10457 » Webster Ave » 1940 Webster Ave

1940 Webster Avenue, Bronx, NY 10457 - Property report

Also known as: 1940 Webster Ave

Property image for 1940 Webster Avenue, Bronx, NY 10457

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Year built

1943

Lot sq. ft.

11,963

Sale price

$8,000,000

General information

Address

Primary address

1940 Webster Avenue

Alternate address(es)

1940-1942 Webster Ave

ZIP code

10457

Neighborhood

Tremont

Borough

Bronx

Block & lot

03027-0016

Building

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Building sq. ft.

16,426

Building dimensions

55 ft x 149 ft

Buildings on lot

Stories

Year built

1943

Building material

Sales

Sale date

07/20/2026

Sale price

$8,000,000

Tax

Tax year

2026-2027

Property tax

$209,813

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

75 ft x 159.5 ft

Lot sq. ft.

11,963

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

75 /100. Very Bikeable

School district

Community district

Closest police station

0.34 Miles

Closest fire station

0.37 Miles

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

Ownership

Ownership information for 1940 Webster Avenue, Bronx, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1940 Webster Avenue, Bronx, NY 10457

Sale date	Sale price	Buyer name	Seller name
07/20/2026	$8,000,000	XXXX XXXXXXX XX XXX XXX XXXXXX XXXX XXX	XXXXX XXX XXXXXXX XXXXX XXX
11/02/2017	$8,150,000	XXXXX XXX XXXXXXX XXXXX XXX	XXXXX XXXXXXX, XXX
01/30/2015	$2,100,000	XXXXX XXXXXXX XXX	XXXXXXXXXXXX XXXXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/28/2026 - R	Initial UCC1 (2026072300914004)	XXXX XXXXXXX XX XXX	XXXXX XXX XXXXXXX XXXXX XXX
07/28/2026 - R 07/20/2026 - D	Assignment of Leases and Rents (2026072300914003)	XXXX XXXXXXX XX XXX	XXXXX XXX XXXXXXX XXXXX XXX
07/28/2026 - R 07/20/2026 - D	Mortgage (2026072300914002)	XXXX XXXXXXX XX XXX	XXXXX XXX XXXXXXX XXXXX XXX
07/28/2026 - R 07/20/2026 - D	Deed (2026072300914001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXX XXXXXXX XX XXX
03/12/2025 - R 03/03/2025 - D	Release (2025031100980001)	XXXXXXX XXXX XXXXXXXX	XXXXXXXXXXXX XXXXXXXX XXX
02/12/2025 - R	UCC3 Termination (2025021100907001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXXXXXX XXXX XXXXX XX XXXXXXXX
11/19/2024 - R	UCC3 Continuation (2024111800938001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXXXXXX XXXX XXXXX XX XXXXXXXX XX XXXXXXX
02/17/2026 - R 06/28/2024 - D	Court Order (2026021300617001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXXX XXXXXX XXXXXXX XXXXXXX XXX XX XX
02/05/2026 - R 06/28/2024 - D	Court Order (2026020500462001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXXX XXXXXX XXXXXXX XXXXXXX XXX XX XX
09/10/2019 - R	UCC3 Continuation (2019091001061001)	XXXXX XXX XXXXXXX XXXXX XXX	XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1940 Webster 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

$209,813

Municipal exemptions

Recent tax assessments

Market value

$4,415,000

Assessed value

$1,986,750

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	$4,591,000	$2,065,950	$1,911,070	10.848%	$207,313	$207,313	+6.22%
2024/25	$4,583,000	$2,062,350	$1,813,520	10.762%	$195,171	$195,171	+5.83%
2023/24	$4,578,000	$2,060,100	$1,741,115	10.592%	$191,964	$184,419	+5.22%
2022/23	$3,975,000	$1,788,750	$1,646,280	10.646%	$190,430	$175,263	-2.34%
2021/22	$4,183,000	$1,882,350	$1,668,645	10.755%	$202,447	$179,463	-0.37%
2020/21	$4,710,000	$2,119,500	$1,684,350	10.694%	$210,596	$180,124	+13.81%
2019/20	$4,570,000	$2,056,500	$1,502,039	10.537%	$195,800	$158,270	+15.73%
2018/19	$4,595,000	$2,067,750	$1,300,669	10.514%	$181,690	$136,752	+19.96%
2017/18	$4,003,000	$1,801,350	$1,084,224	10.514%	$166,423	$113,995	+116.81%
2016/17	$3,079,000	$1,385,550	$497,250	10.574%	$112,838	$52,579	+48.68%

Permits

Permit information for 1940 Webster Avenue, Bronx, NY

Filing date	Job type	Job status	Job description	Initial cost
05/06/2024	Alteration
05/06/2024	Alteration
06/07/2021	Alteration
06/26/2017	Sign
02/12/2016	Sign

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/05/2019	Evcat1-elevator annual inspection / test
	04/05/2019	Evcat1-elevator annual inspection / test
	09/15/2017	Evcat1-elevator annual inspection / test

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Grand Concourse & 179th St at NE Corner

Station lines

B-D

Distance (miles)

0.287

View subway map

Access the detailed traffic volume map for 1940 Webster Avenue, Bronx, NY 10457 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 Webster Avenue, Bronx, NY

410 E 178th St, Bronx 420 E 178th St, Bronx 2477 Webster Ave, Bronx 2489 Webster Ave, Bronx 4231 Park Ave, Bronx 1934 Webster Ave, Bronx 2469 Webster Ave, Bronx 422 E 178th St, Bronx 1946 Webster Ave, Bronx 1938 Webster Ave, Bronx 414 E 178th St, Bronx 373 E 188th St, Bronx 2475 Webster Ave, Bronx 418 E 178th St, Bronx 4239 Park Ave, Bronx 4243 Park Ave, Bronx 4235 Park Ave, Bronx 1930 Webster Ave, Bronx 2509 Webster Ave, Bronx

Frequently asked questions

What is the year built for 1940 Webster Avenue, Bronx, NY 10457?

The development at 1940 Webster Avenue, Bronx, NY 10457 was built in 1943.

What is the market value of 1940 Webster Avenue, Bronx, NY 10457?

The current market value of 1940 Webster Avenue, Bronx, NY 10457 is $4,415,000.

What is the total square footage of 1940 Webster Avenue, Bronx, NY 10457?

1940 Webster Avenue, Bronx, NY 10457 has a total of 16,426 square feet.

What is the price per square foot for this property?

$487 per square foot is the price for 1940 Webster Avenue, Bronx, NY 10457.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.