Bronx  »  10461  »  Pelham Pkwy S  »  1540 Pelham Pkwy S

1540 Pelham Pkwy S, Bronx, NY 10461 - Property report

Also known as: 1540 Pelham Pkwy S

Property image for 1540 Pelham Pkwy S, Bronx, NY 10461
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1953

Lot sq. ft.

21,575

Sale price

$10,500,000

General information

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Address
Primary address
1540 Pelham Pkwy S
ZIP code
10461
Neighborhood
Morris Park
Borough
Bronx
Block & lot
04222-0028

Owner

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Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
91,705
Building dimensions
175 ft x 85 ft
Buildings on lot
1
Stories
6
Year built
1953
Building material
Sales
Sale date
01/31/2014
Sale price
$10,500,000
Tax
Tax year
2026-2027
Property tax
$322,195
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
61
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
175 ft x 125 ft
Lot sq. ft.
21,575

Area overview

Walk score
77 /100.  Very Walkable
Transit score
75 /100.  Excellent Transit
Bike score
80 /100.  Very Bikeable
School district
11
Community district
11
Closest police station
0.09 Miles
Closest fire station
0.19 Miles

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

Ownership information for 1540 Pelham Pkwy S, Bronx, NY

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

Sales history for 1540 Pelham Pkwy S, Bronx, NY 10461

Sale date Sale price Buyer name Seller name
01/31/2014 $10,500,000 XXXXXX XXXX, XXX XXX-XX XXX XXX XXX-XX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/11/2019 - R UCC3 Termination
(2019060400456007)
XXXXXX XXXX XXX XXX XXXX XXXXXXXXX XXXX
06/11/2019 - R Initial UCC1
(2019060400456005)
XXXXXX XXXX XXX XXXXX XXXX XXX XXXXXXX
06/11/2019 - R
05/30/2019 - D
Termination of Assign of L&R
(2019060400456006)
XXX XXXX XXXXXXXXX XXXX XXXXXX XXXX XXX
06/11/2019 - R
05/30/2019 - D
Assignment of Leases and Rents
(2019060400456004)
XXXXXX XXXX XXX XXXXX XXXX XXX XXXXXXX
06/11/2019 - R
05/30/2019 - D
Agreement
(2019060400456003)
XXXXXX XXXX XXX XXXXX XXXX XXX XXXXXXX
06/11/2019 - R
05/30/2019 - D
Mortgage
(2019060400456002)
XXXXXX XXXX XXX XXXXX XXXX XXX XXXXXXX
06/11/2019 - R
05/30/2019 - D
Assignment, Mortgage
(2019060400456001)
XXX XXXX XXXXXXXXX XXXX XXXXX XXXX XXX XXXXXXX
08/14/2014 - R Initial UCC1
(2014080400480003)
XXXXXX XXXX XXX XXX XXXX XXXXXXXXX XXXX
08/14/2014 - R
07/28/2014 - D
Assignment of Leases and Rents
(2014080400480002)
XXXXXX XXXX XXX XXX XXXX XXXXXXXXX XXXX
08/14/2014 - R
07/28/2014 - D
Mortgage
(2014080400480001)
XXXXXX XXXX XXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1540 Pelham Pkwy S, 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
$322,195
Municipal exemptions
Recent tax assessments
Market value
$5,756,000
Assessed value
$2,590,200

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 $5,534,000 $2,490,300 $2,490,300 12.439% $309,768 $309,768 +2.97%
2024/25 $5,348,000 $2,406,600 $2,406,600 12.5% $300,825 $300,825 -0.77%
2023/24 $6,220,000 $2,799,000 $2,424,780 12.502% $303,146 $303,146 +123.05%
2022/23 $6,171,000 $2,776,950 $2,271,870 12.267% $278,690 $135,910 +18.05%
2021/22 $4,726,000 $2,126,700 $2,107,980 12.235% $257,911 $115,131 -54.31%
2020/21 $5,205,000 $2,342,250 $2,053,980 12.267% $251,962 $251,962 +5.73%
2019/20 $4,620,000 $2,079,000 $1,910,520 12.473% $238,299 $238,299 +0.14%
2018/19 $4,521,000 $2,034,450 $1,886,850 12.612% $237,970 $237,970 +3.84%
2017/18 $4,350,000 $1,957,500 $1,801,710 12.719% $229,159 $229,159 +8.82%
2016/17 $4,126,000 $1,856,700 $1,633,500 12.892% $210,591 $210,591 +11.57%

Permit information for 1540 Pelham Pkwy S, Bronx, NY

Filing date Job type Job status Job description Initial cost
07/14/2026 Alteration
07/10/2024 Alteration
03/14/2023 Alteration
01/11/2023 Alteration
10/13/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/12/2017 E-elevator
09/13/2016 E-elevator
09/23/2015 Aeuhaz1-fail to certify class 1

*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
5

Subway & traffic

Closest station
Esplanade & Laconia Ave at NE Corner
Station lines
5
Distance (miles)
0.723

Access the detailed traffic volume map for 1540 Pelham Pkwy S, Bronx, NY 10461 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 1540 Pelham Pkwy S, Bronx, NY 10461?

The development at 1540 Pelham Pkwy S, Bronx, NY 10461 was built in 1953.

What is the total square footage of 1540 Pelham Pkwy S, Bronx, NY 10461?

1540 Pelham Pkwy S, Bronx, NY 10461 has a total of 91,705 square feet.

When was 1540 Pelham Pkwy S, Bronx, NY 10461 last sold and what was the sale price?

1540 Pelham Pkwy S, Bronx, NY 10461 was last sold on 01/31/2014 for $10,500,000.

What is the assessed value of 1540 Pelham Pkwy S, Bronx, NY 10461?

1540 Pelham Pkwy S, Bronx, NY 10461 is currently assessed at $2,590,200.

What are the property taxes for 1540 Pelham Pkwy S, Bronx, NY 10461?

The property taxes for 1540 Pelham Pkwy S, Bronx, NY 10461 total $322,194.

How many residential units does this building have?

This building has 61 residential unit(s).

Disclaimer

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