1240 Morrison Ave, Bronx, NY 10472 Property Records

New York City property record for 1240 Morrison Ave, Bronx, NY 10472

Property Summary

Property Type	Apartments (5+ Units)
Details	147,727 sqft · built 1968
Lot Size	1.37 acres (60,000 sqft)
Owner	2 Company Names on Record
Last Sale	$24,412,000 (Apr 2021)
Tax Bill	$443,261 (2025)
Deeds & Mortgages	Apr 2021 Sale & Mortgage Sep 2020 Loan Modification
APN	`03778-0010`

Property Details

APN / Parcel Number

Primary APN	`03778-0010`
Alternative APNs	`1410037780010` `2-03778-0010`

Interior

Units	308 Units
Stories	12 Stories
Building Area	147,727 sqft Living Area
1st Floor Area	14,570 sqft

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1968
Lot Area	60,000 sqft (1.37 acres)
Lot Dimensions	200 ft deep x 350 ft wide

Location & Zoning

Account Number	2-03778-0010
Street Address	1240 MORRISON AVE
City	BRONX
State	NY
Zip	10472-2705
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R6
Legal Block	3778
Legal Lot Number	10
Jurisdiction	BRONX NY
Township / Civil Division	BRONX
Census Block Group	5
Census Block	5002
Census Tract	6200

Owner

Source: New York City records, as of September 3, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Company Names on Record
Mailing Address	65 RAMAPO VALLEY RD, 216, MAHWAH, NJ 07430-1185
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Apr 30, 2021	Deed, Transfer INVESTORS BANK
Sep 3, 2020	Loan Modification, Mortgage BANKUNITED NA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 30, 2021 · Amount on Record
Deed Sale	Apr 30, 2021 · Amount on Record
Deed Document Number	2021157482
Record Updated	Oct 29, 2026

April 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	BRONX NY
Recording Date	Apr 30, 2021
Property Address	1240 MORRISON AVE, BRONX, NY 10472-2705
Document Number	0000157482
Instrument Date	Apr 21, 2021
Instrument	2021000157482
Transaction Type	Transfer
Record Updated	May 12, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	156 WILLIAM ST # ST10TH, 156, NEW YORK, NY 10038-2609

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	65 RAMAPO VALLEY RD STE 216, 216, MAHWAH, NJ 07430-1185

Mortgage

Document Number	0000157486
Date	Apr 30, 2021
Instrument	2021000157486

Lender

Name	INVESTORS BANK

Agreement

Amount	Amount Recorded

September 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	BRONX NY
Property Address	1240 MORRISON AVE, BRONX, NY 10472-2705
Document Number	0000271799
Instrument Date	Sep 3, 2020
Transaction Type	Mortgage
Record Updated	Oct 27, 2020
Title Company	ROYAL ABSTRACT/NY LLC, ROYAL ABS/NY LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	156 WILLIAM ST NEW YORK NY 100382609, NEW YORK, NY 10038-2609

Mortgage

Document Number	0000271799
Date	Oct 6, 2020
Instrument	271799

Lender

Name	BANKUNITED NA
Address	14817 OAK LN, MIAMI LAKES, FL 33016-1517

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: New York City assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	New York
County	Bronx County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$3,655,350 (+3.08%) Land $540,000 Building $3,115,350	$8,479,000 (+2.78%) Land $1,200,000 Building $7,279,000
2025	$443,261.00 (-0.63%)	$3,546,090 (-0.2%) Land $467,100 Building $3,078,990	$8,250,000 (+4.04%) Land $1,200,000 Building $7,050,000
2024	$446,055.00 (+0.41%)
2023	$444,221.00	$3,553,200 Land $321,300 Building $3,231,900	$7,930,000 Land $1,200,000 Building $6,730,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood Zone	Not on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	10 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Uncovered finished water reservoir currently in violation since Feb 2017
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 775 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Starry Fixed Wireless	1,000 / 500

May also be available: T-Mobile.

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