Bronx  »  10468  »  Grand Ave  »  2487 Grand Ave

2487 Grand Avenue, Bronx, NY 10468 - Property report

Also known as: 51 W 188th St

Property image for 2487 Grand Avenue, Bronx, NY 10468
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1920

Lot sq. ft.

9,675

Sale price

$3,600,000

General information

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Address
Primary address
2487 Grand Avenue
Alternate address(es)
51 W 188th St
ZIP code
10468
Neighborhood
Fordham
Borough
Bronx
Block & lot
03213-0085

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
33,650
Building dimensions
90 ft x 96 ft
Buildings on lot
1
Stories
5
Year built
1920
Sales
Sale date
04/09/2014
Sale price
$3,600,000
Tax
Tax year
2026-2027
Property tax
$164,761
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
41
Residential sq. ft.
Lot
Lot dimensions
90 ft x 106 ft
Lot sq. ft.
9,675

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
62 /100.  Bikeable
School district
10
Community district
7
Closest police station
0.68 Miles
Closest fire station
0.52 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 2487 Grand Avenue, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 2487 Grand Avenue, Bronx, NY 10468

Sale date Sale price Buyer name Seller name
04/09/2014 $3,600,000 XXXX XXX XXX XXXX XXXXX XXXX, XXX
11/02/2009 $2,761,777 XXXX XXXXX XXXX, XXX XXXX XXXXX, XXX
05/22/2006 $3,549,000 XXXX XXXXX, XXX XXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/19/2022 - R UCC3 Assignment
(2022101900234006)
XXXX XXXX XXX XXX XXXXXXXXXX XXX
10/19/2022 - R UCC3 Assignment
(2022101900234004)
XXXX XXXX XXX XXX XXX X XXX
10/19/2022 - R UCC3 Assignment
(2022101900234002)
XXXX XXXX XXX XXX XXXXXXXXXX XXX
10/19/2022 - R
02/23/2022 - D
Asgn of Asgn of L&R
(2022101900234005)
XXX XXXXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/19/2022 - R
02/23/2022 - D
Asgn of Asgn of L&R
(2022101900234003)
XXX XXX X XXX XXX XXXXXXXXXX XXX
10/19/2022 - R
02/23/2022 - D
Assignment, Mortgage
(2022101800862003)
XXX XXXXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/19/2022 - R
02/23/2022 - D
Assignment, Mortgage
(2022101800862002)
XXX XXX X XXX XXX XXXXXXXXXX XXX
12/14/2021 - R Initial UCC1
(2021121300911007)
XXXX XXXX XXX XXX XXXXXXXXXX XXX
12/14/2021 - R UCC3 Termination
(2021121300911001)
XXXX XXXX XXX XXX XXXX XXXXXXXXX XXXX
10/19/2022 - R
12/10/2021 - D
Asgn of Asgn of L&R
(2022101900234001)
XXX XXXXXXXXXX XXX XXX XXX X XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2487 Grand Avenue, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$164,761
Municipal exemptions
Recent tax assessments
Market value
$2,990,000
Assessed value
$1,345,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $2,715,000 $1,221,750 $1,221,750 12.439% $151,973 $151,973 -3.87%
2024/25 $3,183,000 $1,432,350 $1,264,770 12.5% $158,096 $158,096 +2.72%
2023/24 $2,927,000 $1,317,150 $1,231,110 12.502% $153,913 $153,913 +2.69%
2022/23 $3,201,000 $1,440,450 $1,221,820 12.267% $149,881 $149,881 +20.29%
2021/22 $2,263,000 $1,018,350 $1,018,350 12.235% $124,595 $124,595 -7.43%
2020/21 $2,958,000 $1,331,100 $1,097,190 12.267% $134,592 $134,592 +10.66%
2019/20 $2,809,000 $1,264,050 $975,150 12.473% $121,630 $121,630 +15.21%
2018/19 $2,525,000 $1,136,250 $837,090 12.612% $105,574 $105,574 +23.61%
2017/18 $2,192,000 $986,400 $671,490 12.719% $85,407 $85,407 +23.34%
2016/17 $1,707,000 $768,150 $537,120 12.892% $69,246 $69,246 +21.60%

Permit information for 2487 Grand Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
07/13/2025 Alteration
02/14/2019 Alteration type 2
02/13/2019 Alteration type 2
01/19/2017 Alteration type 2
05/21/2015 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
07/17/2025 P-plumbing none
05/18/2024 C-construction other optional

*Most recent DOB violations on record for this property.

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

Check out recently sold homes in Bronx and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Jerome Ave & Fordham Rd at NW Corner
Station lines
4
Distance (miles)
0.108

Access the detailed traffic volume map for 2487 Grand Avenue, Bronx, NY 10468 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 2487 Grand Avenue, Bronx, NY 10468?

The development at 2487 Grand Avenue, Bronx, NY 10468 was built in 1920.

What is the total square footage of 2487 Grand Avenue, Bronx, NY 10468?

2487 Grand Avenue, Bronx, NY 10468 has a total of 33,650 square feet.

When was 2487 Grand Avenue, Bronx, NY 10468 last sold and what was the sale price?

2487 Grand Avenue, Bronx, NY 10468 was last sold on 04/09/2014 for $3,600,000.

What is the assessed value of 2487 Grand Avenue, Bronx, NY 10468?

2487 Grand Avenue, Bronx, NY 10468 is currently assessed at $1,345,500.

What are the property taxes for 2487 Grand Avenue, Bronx, NY 10468?

The property taxes for 2487 Grand Avenue, Bronx, NY 10468 total $164,760.

How many residential units does this building have?

This building has 41 residential unit(s).

Disclaimer

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