Office building with commercial space · Fordham, Bronx
2488 Grand Concourse
Bronx, NY 10458
2488 Grand Concourse is a 5-floor office building with commercial space in Fordham, Bronx, built in 1937, with about 72,000 square feet of office space according to city records.
Also at 200-210 East Fordham Road, 214 East Fordham Road and 2480-2498 Grand Concourse.
- Office space
- 72K SF
- Floors
- 5
- Year built
- 1937
- Zoning
- C4-4
The 3rd largest of the 5 office buildings we track in Fordham. Compare it with 4 neighbors
No space at 2488 Grand Concourse is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 2488 Grand Concourse compares
Next to the 4 nearest large office buildings, all within a 8 minute walk, 2488 Grand Concourse ranks 3rd of 5 by office floor area. It went up in 1937; the median neighbor dates from 1947. Its estimated property tax, about $9.60 a square foot of floor area before abatements, is above the neighbors' median of $7.12.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 2488 Grand Concourse | 72K SF | 5 | 1937 | $9.60 |
| 2432 Grand Concourse | 58K SF | 5 | 1917 | $6.81 |
| 2532 Grand Concourse | 50K SF | 4 | 1971 | $7.42 |
| 400 East Fordham Road | 129K SF | 14 | 1924 | $4.00 |
| 440 East Fordham Road | 327K SF | 12 | 1986 | $7.57 |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 200-210 East Fordham Road; 214 East Fordham Road; 2480-2498 Grand Concourse
- ZIP code
- 10458
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 97,832 SF
- Commercial floor area
- 97,832 SF
- Office
- 71,832 SF
- Retail
- 26,000 SF
- Height
- 5 floors
- Year built
- 1937
- Last major alteration
- 2017
- Lot area
- 26,472 SF
- Zoning district
- C4-4
- Built FAR
- 3.7
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 2031530009
Nearest subway
- Fordham Rd
- Fordham Rd
- Kingsbridge Rd
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists WAGNER ASSOCIATES LLC as the owner of record. For tax year 2026/27 the city values 2488 Grand Concourse at $33.7 million and assesses it at $15.1 million. After phase-ins and exemptions its taxable value is $8.65 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 $938,790 a year before abatements, roughly $9.60 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
- WAGNER ASSOCIATES LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $33,654,000
- Land market value
- $3,000,000
- Assessed value
- $15,144,300
- Exemptions
- $6,490,260
- Estimated yearly tax
- About $938,790
- Tax per SF of floor area
- About $9.60
City market value by tax year
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 2026-09-30; 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.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
2488 Grand Concourse'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 80.5 kBtu per square foot, 43% above the national median of 56.4 for a similar property. Its greenhouse gas emissions were about 701 metric tons of CO2e (7.16 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 80.5 kBtu/SF
- National median for the type
- 56.4 kBtu/SF
- Greenhouse gas emissions
- 701 t CO2e
- Emissions per SF
- 7.16 kg CO2e
- Floor area in the filing
- 97,832 SF
Energy sources in 2024
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 2026-09-30; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Before you sign
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Questions about 2488 Grand Concourse
How big is 2488 Grand Concourse?
2488 Grand Concourse has about 98,000 square feet of floor area in total, including 72,000 square feet of office and 26,000 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 2488 Grand Concourse built?
City records list 1937 as the year built, with a major alteration recorded in 2017. The building is 5 floors tall.
What other addresses does 2488 Grand Concourse have?
City records list 200-210 East Fordham Road, 214 East Fordham Road and 2480-2498 Grand Concourse on the same tax lot (BBL 2031530009) as 2488 Grand Concourse. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 2488 Grand Concourse?
2488 Grand Concourse is in ZIP code 10458, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2488 Grand Concourse, Bronx, NY 10458, in Fordham.
What is the zoning at 2488 Grand Concourse?
The lot is in the C4-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.7 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 2488 Grand Concourse?
The closest subway station to 2488 Grand Concourse is Fordham Rd (the B and D trains), about 350 feet away in a straight line, roughly 1 minute on foot. Also nearby: Fordham Rd (the 4 train), 5 min walk; Kingsbridge Rd (the B and D trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 2488 Grand Concourse?
The NYC Department of Finance's 2026/27 assessment roll lists WAGNER ASSOCIATES LLC as the owner of record of 2488 Grand Concourse (BBL 2031530009). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 2488 Grand Concourse have an energy grade?
2488 Grand Concourse'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 80.5 kBtu per square foot, 43% above the national median of 56.4 for a similar property. Its greenhouse gas emissions were about 701 metric tons of CO2e (7.16 kg per square foot).
What are the property taxes at 2488 Grand Concourse?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.65 million for 2488 Grand Concourse. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $938,790 a year, roughly $9.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2031530009 show the actual bill.
What is the assessed value of 2488 Grand Concourse?
For tax year 2026/27, the NYC Department of Finance puts the market value of 2488 Grand Concourse at $33.7 million ($3 million of it land) and its assessed value at $15.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 7% from 2022/23 ($36.1 million) to 2026/27.
Is there office space for lease at 2488 Grand Concourse?
No space at 2488 Grand Concourse 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.
Transit hubs in Fordham
- B D at Fordham Rd
- 4 at Fordham Rd
- Metro-North at Fordham