NYC property data › The Bronx › Belmont & East Tremont › 1940 Webster Avenue

1940 Webster Avenue

Belmont & East Tremont, The Bronx · Commercial & office · BBL 2030270016

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1Units
2Floors
16,426Building sq ft
11,963Lot sq ft
1943Year built
C4-5XZoning
1.37 of 5.00Built FAR
$8M · 2026Last sale
2DOB permits
0Open violations

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Sales history

RecordedDocumentAmount
2026-07-20Deed$8,000,000
2017-11-02Deednot recorded
2015-01-30Deed$2,100,000
2007-06-05Deed$3,500,000
1996-06-17Deednot recorded
1995-05-26Deednot recorded
1982-05-21Deednot recorded
1979-10-29Deednot recorded
1978-08-08Deednot recorded
1967-08-30Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2024-12-06Initial PermitMechanical Systems
2024-12-06Initial PermitBoiler Equipment

Source: DOB NOW approved permits, which covers 2017 onward. 2 permits on file for this lot.

Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Refi radar

The most recent mortgage recorded against this parcel was $5.72M from FIRST AND MISSION BRONX LLC in July 2026. On a typical 2-year term that is 21 months to estimated maturity.

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Estimated maturity. ACRIS publishes recording dates, not maturity dates — these are the recorded date plus a typical term for the asset and lender type, not the borrower’s actual loan terms. Crezly is not a loan broker, does not negotiate terms, and is not paid on closing.

Who finances deals like this

The lenders with the most recorded office mortgages in Bronx since 2021, from public ACRIS filings.

  1. Lexington Pc Concourse, LLC — 3 loans, typically $2.1M–$31M
  2. Progress Direct LLC — 2 loans, typically $4M–$5.03M
  3. German American Capital Corporation — 1 loans, typically $1.53M–$1.53M
  4. Marie Holdings, INC — 1 loans, typically $1M–$1M
  5. Minnesota Life Insurance Company — 1 loans, typically $104K–$104K
Match this deal to 49 lenders

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Other lots on this block

Recent sales in Belmont & East Tremont

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Development & air rights

34% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.

Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 2030270016 · data refreshed 2026-10-17