Retail building · Fordham, Bronx

2470 Morris Avenue

Bronx, NY 10468

2470 Morris Avenue is a 2-floor retail building in Fordham, Bronx, built in 1919, with about 47,000 square feet of retail space according to city records.

Also at 29-39 East Fordham Road and 2470-2474 Morris Avenue.

Retail space
47K SF
Floors
2
Year built
1919
Zoning
C4-4

Retail space next to its nearest neighbors

  1. 2501 Grand Concourse2 min walk250K SF
  2. 1 West Fordham Road2 min walk90K SF
  3. 2470 Morris AvenueThis building47K SF

The 3rd largest of the 7 retail buildings we track in Fordham. Compare it with 6 neighbors

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Compared with its neighbors

How 2470 Morris Avenue compares

Next to the 6 nearest large retail buildings, all within a 7 minute walk, 2470 Morris Avenue ranks 3rd of 7 by retail floor area. Built in 1919, it is the oldest of them. Its estimated property tax, about $9.24 a square foot of floor area before abatements, is below the neighbors' median of $15.51.

2470 Morris Avenue and the 6 nearest large retail buildings: size, floors, year built, estimated property tax per square foot
BuildingRetail spaceFloorsBuiltTax / SF
2470 Morris AvenueThis building47K SF21919$9.24
2501 Grand Concourse2 min walk250K SF41930$10.53
1 West Fordham Road2 min walk90K SF41922$7.72
222 East Fordham Road3 min walk38K SF21930$20.49
215 East Fordham Road4 min walk46K SF21988$21.41
2510 Valentine Avenue4 min walk41K SF31921$6.27
386 East Fordham Road7 min walk37K SF21930$31.08
The 3rd largest of the 7 retail buildings we track in Fordham: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
29-39 East Fordham Road; 2470-2474 Morris Avenue
ZIP code
10468
Building type
Retail building (city class K4)
Total floor area
67,964 SF
Commercial floor area
67,964 SF
Retail
47,468 SF
Height
2 floors
Year built
1919
Last major alteration
1931
Lot area
28,318 SF
Zoning district
C4-4
Built FAR
2.4
Max commercial FAR
3.4
Tax lot (BBL)
2031740005

Nearest subway

  • Fordham Rd2 min walk · Accessible station
  • Fordham Rd2 min walk · Not accessible
  • 183 St7 min walk · Not accessible

Nearby large buildings

All 9 large commercial buildings on East Fordham Road

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists HAGEDORN FORDHAM RD INC as the owner of record. For tax year 2026/27 the city values 2470 Morris Avenue at $14.1 million and assesses it at $6.35 million. After phase-ins and exemptions its taxable value is $5.79 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $628,147 a year before abatements, roughly $9.24 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
HAGEDORN FORDHAM RD INC
Tax class
Class 4 (commercial and industrial)
City market value
$14,116,000
Land market value
$3,000,000
Assessed value
$6,352,200
Taxable value (phased in)
$5,790,440
Estimated yearly tax
About $628,147
Tax per SF of floor area
About $9.24

City market value by tax year

  • 2022/23$14.5 million
  • 2023/24$14.6 million
  • 2024/25$15.3 million
  • 2025/26$15.9 million
  • 2026/27$14.1 million

Market value fell 3% from 2022/23 ($14.5 million) to 2026/27.

How Fordham compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

2470 Morris Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 49 kBtu per square foot, 30% below the national median of 70.5 for a similar property. Its greenhouse gas emissions were about 278 metric tons of CO2e (3.74 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Retail Store
Site energy use intensity
49 kBtu/SF
National median for the type
70.5 kBtu/SF
Greenhouse gas emissions
278 t CO2e
Emissions per SF
3.74 kg CO2e
Floor area in the filing
74,282 SF

Energy sources in 2024

  • Natural gas63%
  • Electricity37%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 2470 Morris Avenue comes to about 236 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 607 tons for 2024 to 2029 (39% of the limit), so it would owe no penalty. From 2030 the limit drops to 156 tons and the same energy use counts as about 179 tons, about 23 tons over, or an estimated $6,100 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
607 t CO2e
Estimated emissions
236 t CO2e
Under the limit by
371 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
156 t CO2e
Estimated emissions
179 t CO2e
Over the limit by
23 t CO2e
Estimated penalty a year
$6,100

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: College/University 19,162 SF; Retail Store 55,120 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 2470 Morris Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 2470 Morris Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in July 2026 (construction, structural, foundation; filed cost estimate $127,000).

New jobs, last 12 months
2
Initial permits, last 12 months
4
Newest job first permitted
July 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
1, cellar
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 1, cellarJuly 2026Construction, Structural, Foundation; est. $127,000
  • Floor 1November 2024Construction; est. $84,000

New jobs by year

  • 20210
  • 20220
  • 20230
  • 20242
  • 20251
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 2470 Morris Avenue

How big is 2470 Morris Avenue?

2470 Morris Avenue has about 68,000 square feet of floor area in total, including 47,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 2470 Morris Avenue built?

City records list 1919 as the year built, with a major alteration recorded in 1931. The building is 2 floors tall.

What other addresses does 2470 Morris Avenue have?

City records list 29-39 East Fordham Road and 2470-2474 Morris Avenue on the same tax lot (BBL 2031740005) as 2470 Morris Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2470 Morris Avenue?

2470 Morris Avenue is in ZIP code 10468, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2470 Morris Avenue, Bronx, NY 10468, in Fordham.

What is the zoning at 2470 Morris Avenue?

The lot is in the C4-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.4 and a maximum commercial FAR of 3.4 for this lot.

What subway station is closest to 2470 Morris Avenue?

The closest subway station to 2470 Morris Avenue is Fordham Rd (the 4 train), about 450 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: Fordham Rd (the B and D trains), 2 min walk; 183 St (the 4 train), 7 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 2470 Morris Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists HAGEDORN FORDHAM RD INC as the owner of record of 2470 Morris Avenue (BBL 2031740005). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Does 2470 Morris Avenue have an energy grade?

2470 Morris Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 49 kBtu per square foot, 30% below the national median of 70.5 for a similar property. Its greenhouse gas emissions were about 278 metric tons of CO2e (3.74 kg per square foot).

Does 2470 Morris Avenue meet Local Law 97?

At its 2024 energy use, 2470 Morris Avenue comes to about 236 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 607 tons for 2024 to 2029 (39% of the limit), so it would owe no penalty. From 2030 the limit drops to 156 tons and the same energy use counts as about 179 tons, about 23 tons over, or an estimated $6,100 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

Is there construction at 2470 Morris Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 2470 Morris Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in July 2026 (construction, structural, foundation; filed cost estimate $127,000). These are the Department of Buildings' DOB NOW work permits for tax lot 2031740005. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 2470 Morris Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.79 million for 2470 Morris Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $628,147 a year, roughly $9.24 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2031740005 show the actual bill.

What is the assessed value of 2470 Morris Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2470 Morris Avenue at $14.1 million ($3 million of it land) and its assessed value at $6.35 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 3% from 2022/23 ($14.5 million) to 2026/27.

Is there retail space for lease at 2470 Morris Avenue?

No space at 2470 Morris Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

2,492 buildings from city records

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