1940 Jerome Avenue

Mt Hope, Bronx

Parcel ID (BBL): 2028530012

Acris records

Owner: Vaya Development

Acquired: April 10, 2024, $7.4 million

Debt: March 24, 2026, $1.4 million

Built: 0

Renovated: 2024

SF: 0

Dwelling units: 0

No. of buildings: 0

Class: Not Zoned Residential or Manhattan Below 110 St (V1)

Legacy BBLs: 2028530012

Transactions:

• None borrowed $1.4 million from None for 1940 Jerome Avenue, Mt Hope, Bronx on March 24, 2026.

Vaya Development borrowed $65.6 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 1940-1942 Jerome Avenue, Mt Hope, Bronx on April 10, 2024.

Vaya Development and Steven Chera sold 1940-1942 Jerome Avenue, Mt Hope, Bronx for $7.4 million to Vaya Development on April 10, 2024.

Steven Chera and Vaya Development borrowed $7.8 million from Enterprise Community Partners for 1940 Jerome Avenue and 1942 Jerome Avenue, Mt Hope, Bronx on August 23, 2022.

Son Dinh Tran sold 1940 Jerome Avenue and 1942 Jerome Avenue, Mt Hope, Bronx for $5.5 million to Steven Chera on January 20, 2022.

Development:

Melissa Bindra filed new building job X00787559 for 77,855 sqft R-2 building with 114 apartments in Mt Hope, Bronx, on August 22, 2022.

Melissa Bindra filed alteration job X01211421 for building in Mt Hope, Bronx, on April 21, 2025.

Melissa Bindra filed alteration job X01127777 for 99,612 sqft building with 115 apartments in Mt Hope, Bronx, on December 05, 2024.

• Ibraim Redza filed alteration job X01111863 for 99,612 sqft building with 115 apartments in Mt Hope, Bronx, on September 23, 2024.

• Ibraim Redza filed alteration job X01081403 for 1,000 sqft building with 1 apartments in Mt Hope, Bronx, on August 12, 2024.

• Ibraim Redza filed alteration job X01086372 for 1,000 sqft building with 1 apartments in Mt Hope, Bronx, on August 08, 2024.

Violations:

According to city public data, the properties have received one DOB violation, $2,500 in ECB penalties, and $2,500 in OATH penalties in the last year.

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