Taxes
- Assessed Value: $3,436,020
- Assessed Year: 2026
- Assessed County: Bronx
- APN: 02353-0020
- Assessed Land Value: 172350
- Market Land Value: 383000
- Tax Amount: 343931.14
- Tax Year: 2025
- Market Value: 7873000
- Market Year: 2026
640 Gerard Ave; The Bronx, NY Property Details
Off market
640 Gerard Ave The Bronx, NY 10451
$3,436,020 Estimated Value
25,804 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2017
- Purchase Price: $2,300,000
- Open Loans: 3
- APN: 02353-0020
- Situs County: Bronx
- Length Of Ownership: 11 years
Structure
- Stories: 4
Measurements
- Total: 25,804/SqFt
- Lot: 11,730/SqFt
- Gross: 25,804/SqFt
- Living: 25,804/SqFt
- Building: 25,804/SqFt
- Ground: 5,148/SqFt
- Price Per Square Foot: $89.13
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: New York City Department Of Education
- Lat / Lon: 40.82143 / -73.92796
- Property Class: Commercial
- Zoning: M1-2
- County Use Code: H3
Ownership Info
640 Gerard Ave has no associated ownership info
640 Gerard Ave has no associated ownership info.
Taxes
640 Gerard Ave has 10 associated Taxes items
640 Gerard Ave, The Bronx, NY pays taxes in Bronx County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $3,436,020. The APN we've located for 640 Gerard Ave is 02353-0020.
Unlock the full reportTax History
640 Gerard Ave has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $3,436,020 | Land Value $172,350 | Improvement Value $3,263,670 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $343,931.12 | Change Rate +0.070147% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $3,034,242 | Land Value $172,710 | Improvement Value $2,861,532 | Tax Amount $321,386.91 | Change Rate +0.067406% | Assessed CR | Tax Rate +0.10592% |
| Year 2023 | Assessed Value $2,842,632 | Land Value $173,070 | Improvement Value $2,669,562 | Tax Amount $301,091.59 | Change Rate +0.047546% | Assessed CR | Tax Rate +0.10592% |
| Year 2022 | Assessed Value $3,083,850 | Land Value $172,350 | Improvement Value $2,911,500 | Tax Amount $287,425.72 | Change Rate +0.147763% | Assessed CR | Tax Rate +0.093204% |
| Year 2021 | Assessed Value $2,341,710 | Land Value $172,350 | Improvement Value $2,169,360 | Tax Amount $250,422.47 | Change Rate | Assessed CR | Tax Rate +0.10694% |
| Year 2020 | Assessed Value $2,710,800 | Land Value $174,150 | Improvement Value $2,536,650 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $1,282,275 | Land Value $174,150 | Improvement Value $1,108,125 | Tax Amount $49,410.53 | Change Rate | Assessed CR | Tax Rate +0.038533% |
| Year 2018 | Assessed Value $232,875 | Land Value $174,150 | Improvement Value $58,725 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $150,300 | Land Value $150,300 | Improvement Value | Tax Amount $9,282.81 | Change Rate -0.489034% | Assessed CR | Tax Rate +0.061762% |
| Year 2016 | Assessed Value $268,200 | Land Value $142,650 | Improvement Value $125,550 | Tax Amount $18,167.16 | Change Rate | Assessed CR | Tax Rate +0.067737% |