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1240 East Tremont Avenue, Bronx, NY 10460 Property Information

1240 East Tremont Avenue, Bronx, NY 10460 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1240 East Tremont Avenue, Bronx, NY 10460 2
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Address

Primary address 1240 East Tremont Avenue
Neighborhood Park Versailles - Bronx River
Zip code 10460
Borough Bronx
Block & lot 03909-0086

Sales & Tax Overview for 1240 East Tremont Avenue, Bronx

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

Purchase date 04/18/2011
Purchase price $1,650,000
Tax class
Estimated property tax $58,296

Lot & Building Information for 1240 East Tremont Avenue, Bronx

Lot sq. ft. 18,500
Lot dimensions 190.45 ft x 154.17 ft
Property type One Story Retail Building (K1)
Building sqft 10,500
Building dimensions 70 ft x 112 ft
Buildings on lot 1
Stories 1
Year built 1951
Year last altered 2020
Construction type
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Zoning & Use for 1240 East Tremont Avenue, Bronx

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 11
Community district 9
Closest police station 1.09 Miles
Closest fire station 0.51 Miles

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

Other Property Data for 1240 East Tremont 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 1240 East Tremont Avenue, Bronx, NY 10460, 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 1240 East Tremont Avenue, Bronx, NY 10460, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1240 East Tremont Avenue, Bronx

How many sq. ft. does 1240 East Tremont Avenue, Bronx, NY 10460 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1240 East Tremont Avenue, Bronx, NY 10460 has a total of 10,500 square feet and a current price per square foot of $157.

What is the year built & the current market value of 1240 East Tremont Avenue, Bronx, NY 10460?

1240 East Tremont Avenue, Bronx, NY 10460 was built in 1951 and has a current tax assessor's market value of $1,258,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1240 East Tremont Avenue, Bronx

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Property owner name for 1240 East Tremont Avenue, Bronx, NY 10460
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Building contacts for 1240 East Tremont Avenue, Bronx, NY 10460
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1240 East Tremont Avenue, Bronx

Create a free account to view the complete sales history for 1240 East Tremont Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/18/2011 $1,650,000

Title Documents for 1240 East Tremont 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
04/18/2011 - D
04/28/2011 - R
Deed
(2011041900104001)
03/25/2011 - D
04/05/2011 - R
Satisfaction of Mortgage
(2011032800269001)
02/13/2004 - R Certificate
(2003061700417001)
10/19/1998 - R Lease
(2540006305954)
02/17/1987 - R Satisfaction of Mortgage
(2950000670195)
12/28/1982 - R Mortgage
(2210000570221)
12/28/1982 - R Lease
(2170000570217)
04/15/1977 - D
04/15/1977 - R
Mortgage
(37720033001859)
04/15/1977 - D
04/15/1977 - R
Deed
(37720033001845)
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R: Recorded date
D: Document date

Property Taxes for 1240 East Tremont Avenue, Bronx

Access detailed property tax data for 1240 East Tremont Avenue, Bronx, NY 10460. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $56,461
Estimated property tax: $58,296
Tax assessor's market value: $1,258,000
Assessed value: $566,100

Assessment History for 1240 East Tremont Avenue, Bronx

Here's the assessment & property tax history for 1240 East Tremont 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 $1,258,000 $566,100 $520,470 10.848% $56,461 $56,461 -1.17%
2024/25 $1,195,000 $537,750 $530,816 10.762% $57,126 $57,126 +8.58%
2023/24 $1,130,000 $508,500 $496,710 10.592% $53,860 $52,612 +5.23%
2022/23 $1,096,000 $493,200 $469,620 10.646% $52,506 $49,996 +48.77%
2021/22 $773,000 $347,850 $312,480 10.755% $37,411 $33,607 -29.26%

Permits for 1240 East Tremont Avenue, Bronx

The complete history of permits filed for 1240 East Tremont 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
04/27/2025 Alteration
01/14/2025 Alteration
12/31/2024 Alteration
11/15/2024 Alteration
10/31/2024 Alteration
10/31/2024 Alteration
06/17/2024 Alteration
04/26/2024 Alteration
04/26/2024 Alteration
11/19/2020 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 Morris Park Ave & 180th St at NW Corner
Station lines 2-5
Distance (miles) 0.152
View subway map
Bus Routes
Name E Tremont Av/E 180 St
Line BX42
Distance (miles) 0.044

Neighbors for 1240 East Tremont Avenue, Bronx

Here are the neighbors for 1240 East Tremont Avenue, Bronx, NY 10460.

Address Square feet Purchase date Purchase price
1575 Bronx River Ave, Bronx 37,600 07/27/2017 $4,350,000
1226 E Tremont Ave, Bronx 440 10/02/2019 $375,000
1230 E Tremont Ave, Bronx 62,400 12/31/1996
420 Morris Park Ave, Bronx 03/18/2020
1173 E 178th St, Bronx 1,792 06/11/2019 $510,000
1598 Bronx River Ave, Bronx 2,185 02/05/2022 $100
1181 E 178th St, Bronx 1,278 02/16/2011
1705 Mansion St, Bronx 1,531 03/07/2026
1608 Bronx River Ave, Bronx 2,185 05/23/2012 $350,000
1179 E 178th St, Bronx 1,288 08/05/2021 $647,000
1208 Wyatt St, Bronx 24,565 08/23/2001
1177 E 178th St, Bronx 950 06/26/2023 $875,000
1280 E Tremont Ave, Bronx 1,527 03/17/1999
1185 E 178th St, Bronx 1,928 02/21/1979
427 Van Nest Ave, Bronx 12,132 04/21/1983
1541 Bronx River Ave, Bronx 22,398 05/11/2017 $10,000,000
1602 Bronx River Ave, Bronx 2,185 01/05/2018 $200,000
1169 E 178th St, Bronx 1,408 02/16/2017 $465,750
1187 E 178th St, Bronx 2,867 09/24/2020 $10
1610 Bronx River Ave, Bronx 2,185 03/11/2003 $290,000
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