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1240 Sherman Avenue

3,121Records
20City systems
94Open violations
200.3Penalty rate

3,121 recorded events, 1966–2026, from 20 city data systems. The city's paper trail here is mostly 1,960 311 service requests, 436 HPD housing violations, 418 HPD complaints.

BoroughBronx 10456
Built1927
Floors6
Res. units59
ClassD1
Owner (PLUTO)1240 SHERMAN AVE. BRONX LLC
BBL2024530041
BIN2002691

Full record, year by year   Support this site

GRADE C

A meaningful record of code violations or complaints relative to its peers. More recorded distress than 90% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 200.3. In ZIP 10456, 34% of residential buildings hold an A and 24% grade D or F. How grades work

this building
A
B
C

Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations94 total — 26 class C (immediately hazardous), 41 class B, 27 class A. Oldest open since 2023-06-27.

status snapshot refreshed weekly from HPD records

Patterns

29 heat or hot-water complaints in the last three years (winter 2023–24: 9 · winter 2024–25: 10 · winter 2025–26: 10). Repeated winter clusters suggest a chronic heating problem.

9
’23–24
10
’24–25
10
’25–26

No bedbug-infested units reported in the last three years of filings.

$2,500 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

208 service requests in the last three years. Most common: Noise (43) · PLUMBING (29) · UNSANITARY CONDITION (24) · PAINT/PLASTER (18) · HEAT/HOT WATER (13) · DOOR/WINDOW (13).

Filed construction activity

$116,900 in permitted construction work filed since 2016 (4 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1927)
YesSix or more residential units (59)
Yes421-a / J-51 tax benefit on the current tax roll

3 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)1240 SHERMAN AVE BRONX LLC
Head officerRICK HERMAN
Managing agentJLP METRO MANAGEMENT INC
Last registered2025-08-26

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$4,180,000 $1,881,000
2026$4,245,000 $1,910,250
2027$4,317,000 $1,942,650

The city's market estimate has risen 3% between tax years 2025 and 2027.

Tax exemptions on the roll: J51

Building systems

Energy grade (LL33)C — ENERGY STAR score 66/100 (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

3 street-flooding or sewer-backup complaints at this address since 2023 (1 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

Subway167 St — B D · 600 ft straight-line (about a 3-minute walk) · station accessibility: none
BusNearest boarding stop: E 167 St / Morris Av — Bx35 · 450 ft
Citi BikeSheridan Ave & E 168 St · 250 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: 53, 88. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

1240 Sherman Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

208 311 service requests from this address in the last three years — 13 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by JLP METRO MANAGEMENT INC. — 76 buildings, 2,380 units. Grades across the portfolio: A9 · B18 · C29 · D17 · F3. See the whole portfolio

BuildingBoroughUnitsGrade
2922 Barnes Avenue BX129 B
97 Cooper Street MN82 B
2420 Morris Avenue BX74 C
180 Van Cortlandt Park S BX73 A
183 Claremont Avenue MN62 A
1226 Sherman Avenue BX61 D
1491 Watson Avenue BX60 B
1126 Evergreen Avenue BX60 B
1240 Sherman Avenue BX59 C
2830 Briggs Avenue BX58 C
3021 Holland Avenue BX56 C
160 Audubon Avenue MN55 B
2719 Morris Avenue BX54 F
1025 Leggett Avenue BX51 A
1081 Sheridan Avenue BX47 D
2499 Grand Avenue BX46 B
517 West 212 Street MN44 B
2489 Morris Avenue BX43 C
1171 Sherman Avenue BX42 C
1427 Taylor Avenue BX41 B
1900 Grand Concourse BX40 D
2438 Washington Avenue BX38 B
2547 Aqueduct Avenue West BX37 C
1225 Sherman Avenue BX37 C
3050 Perry Avenue BX37 C
3511 Hull Avenue BX37 C
2541 Aqueduct Avenue West BX37 F
2718 Morris Avenue BX37 C
136 West 168 Street BX36 A
1049 Grand Concourse BX36 C
2101 Grand Avenue BX33 C
1236 Grand Concourse BX31 C
219 Echo Place BX31 D
1466 Beach Avenue BX30 C
1459 Taylor Avenue BX30 C
144 East 208 Street BX28 C
1024 Walton Avenue BX27 C
221 East 173 Street BX26 B
450 East 165 Street BX25 C
566 East 187 Street BX24 C
2253 Ryer Avenue BX22 B
3485 Broadway MN22 B
3067 Decatur Avenue BX21 D
2761 University Avenue BX21 D
693 East 189 Street BX20 D
667 East 187 Street BX20 D
485 Washington Avenue BX20 D
1475 Taylor Avenue BX20 C
1876 Arthur Avenue BX20 C
663 Crescent Avenue BX20 D
1704 Van Buren Street BX19 D
276 East 7 Street MN19 B
540 East 187 Street BX17 D
2385 Lorillard Place BX17 B
155 Avenue C MN17 A
2389 Lorillard Place BX17 B
1539 Westchester Avenue BX17 C
134 West 20 Street MN16 B
518 East 187 Street BX16 C
576 East 187 Street BX16 D

showing 60 of 76 buildings

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,305,000 on 2016-05-10 (lender: New York Community Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2020-04-10Agreement $12,750,000 — from 1226 SHERMAN AVE. BRONX LLC AND 1240 SHE to CAPITAL ONE, NATIONAL ASSOCIATION $12,750,000
2020-04-10AL&R $12,750,000 — from 1226 SHERMAN AVE. BRONX LLC AND 1240 SHE to CAPITAL ONE, NATIONAL ASSOCIATION $12,750,000
2020-04-10Deed $8,500,000 — from DEB-BIE REALTY ASSOCIATES LLC to 1240 SHERMAN AVE. BRONX LLC $8,500,000
2020-03-25Sold for $8,500,000 $8,500,000 $144,068
2016-05-10AL&R $7,325,000 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $7,325,000
2016-05-10Mortgage $1,305,000 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $1,305,000
2016-05-10Agreement $7,625,000 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $7,625,000
2014-04-16Mortgage $1,259,325 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $1,259,325
2014-04-16Agreement $6,320,000 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $6,320,000
2014-04-16AL&R $6,320,000 — from DEB-BIE REALTY ASSOCIATES LLC to NEW YORK COMMUNITY BANK $6,320,000
2012-10-23M&CON $5,200,000 — from DEB-BIE REALTY ASSOCIATES LLC to SIGNATURE BANK $5,200,000
2012-10-23AL&R $5,200,000 — from DEB-BIE REALTY ASSOCIATES LLC to SIGNATURE BANK $5,200,000
2011-06-03M&CON $4,500,000 — from DEB-BIE REALTY ASSOCIATES LLC to SIGNATURE BANK $4,500,000
2007-04-06Agreement $800,000 — from TREMM ASSOCIATES LLC; DEB-BIE ASSOCIATES LLC; MICBRY ASSOCIATES LLC to PARK NATIONAL CAPITAL FUNDING LLC $800,000
2007-03-07Agreement $200,000 — from DEB-BIE ASSOCIATES LLC to PARK NATIONAL CAPITAL FUNDING LLC $200,000

Ten-year activity

1,0005000
2017
2018
2019
789
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201730450351
2018310220540
20197110708123
20200177666789
20210026604270
202203240734
20230315306162
202401107011119
20250426006270
20260321003216
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The full timeline

Construction 30Enforcement 86Housing & tenants 2,854Ownership & money 77Health & systems 74

Every one of the 3,121 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10456 · Landlord rankings · How grades work · The map · The Mice Map