Retail building · Fordham, Bronx
2501 Grand Concourse
Bronx, NY 10468
2501 Grand Concourse is a 4-floor retail building in Fordham, Bronx, built in 1930, with about 250,000 square feet of retail space according to city records.
Also at 2500-2520 Creston Avenue, 2528 Creston Avenue, 141 East Fordham Road, 151-153 East Fordham Road and 1 more.
- Retail space
- 250K SF
- Floors
- 4
- Year built
- 1930
- Zoning
- C4-4
No space at 2501 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 2501 Grand Concourse compares
Next to the 6 nearest large commercial buildings, all within a 9 minute walk, 2501 Grand Concourse ranks 2nd of 7 by commercial floor area. It went up in 1930; the median neighbor dates from 1930. Its estimated property tax, about $10.53 a square foot of floor area before abatements, is above the neighbors' median of $7.50.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 2501 Grand Concourse | 265K SF | 4 | 1930 | $10.53 |
| 2488 Grand Concourse | 98K SF | 5 | 1937 | $9.60 |
| 2532 Grand Concourse | 50K SF | 4 | 1971 | $7.42 |
| 2432 Grand Concourse | 165K SF | 5 | 1917 | $6.81 |
| 1 West Fordham Road | 90K SF | 4 | 1922 | $7.72 |
| 400 East Fordham Road | 246K SF | 14 | 1924 | $4.00 |
| 440 East Fordham Road | 564K 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
- 2500-2520 Creston Avenue; 2528 Creston Avenue; 141 East Fordham Road; 151-153 East Fordham Road; 2501-2529 Grand Concourse
- ZIP code
- 10468
- Building type
- Retail building (city class K4)
- Total floor area
- 264,720 SF
- Commercial floor area
- 264,720 SF
- Office
- 15,000 SF
- Retail
- 249,720 SF
- Height
- 4 floors
- Year built
- 1930
- Last major alteration
- 2024
- Lot area
- 52,944 SF
- Zoning district
- C4-4
- Built FAR
- 5
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 2031670001
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 FORDHAM ASSOCIATES DE LLC as the owner of record. For tax year 2026/27 the city values 2501 Grand Concourse at $68.9 million and assesses it at $31 million. After phase-ins and exemptions its taxable value is $25.7 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 $2.79 million a year before abatements, roughly $10.53 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
- FORDHAM ASSOCIATES DE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $68,931,000
- Land market value
- $5,500,000
- Assessed value
- $31,018,950
- Taxable value (phased in)
- $29,477,225
- Exemptions
- $3,770,640
- Estimated yearly tax
- About $2.79 million
- Tax per SF of floor area
- About $10.53
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
2501 Grand Concourse's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Mixed Use Property
- Floor area in the filing
- 294,206 SF
ENERGY STAR score by year
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
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 2501 Grand Concourse
How big is 2501 Grand Concourse?
2501 Grand Concourse has about 265,000 square feet of floor area in total, including 15,000 square feet of office and 250,000 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 2501 Grand Concourse built?
City records list 1930 as the year built, with a major alteration recorded in 2024. The building is 4 floors tall.
What other addresses does 2501 Grand Concourse have?
City records list 2500-2520 Creston Avenue, 2528 Creston Avenue, 141 East Fordham Road, 151-153 East Fordham Road and 2501-2529 Grand Concourse on the same tax lot (BBL 2031670001) as 2501 Grand Concourse. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 2501 Grand Concourse?
2501 Grand Concourse 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 2501 Grand Concourse, Bronx, NY 10468, in Fordham.
What is the zoning at 2501 Grand Concourse?
The lot is in the C4-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 5 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 2501 Grand Concourse?
The closest subway station to 2501 Grand Concourse is Fordham Rd (the B and D trains), about 600 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Fordham Rd (the 4 train), 4 min walk; Kingsbridge Rd (the 4 train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 2501 Grand Concourse?
The NYC Department of Finance's 2026/27 assessment roll lists FORDHAM ASSOCIATES DE LLC as the owner of record of 2501 Grand Concourse (BBL 2031670001). 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 2501 Grand Concourse have an energy grade?
2501 Grand Concourse's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
What are the property taxes at 2501 Grand Concourse?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $25.7 million for 2501 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 $2.79 million a year, roughly $10.53 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2031670001 show the actual bill.
What is the assessed value of 2501 Grand Concourse?
For tax year 2026/27, the NYC Department of Finance puts the market value of 2501 Grand Concourse at $68.9 million ($5.5 million of it land) and its assessed value at $31 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($61.6 million) to 2026/27.
Is there retail space for lease at 2501 Grand Concourse?
No space at 2501 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