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2440 Walton Avenue

2,605Records
20City systems
144Open violations
1863.4Penalty rate
Bronx · ZIP 10468 · Neighborhood: Fordham Heights
Open in the map

2,605 recorded events, 1978–2026, from 20 city data systems. The city's paper trail here is mostly 1,002 HPD housing violations, 718 HPD complaints, 604 311 service requests.

BoroughBronx 10468
Built1926
Floors5
Res. units16
ClassC1
Owner (PLUTO)POINT 2440 REALTY, LLC
BBL2031840036
BIN2014025

Full record, year by year   Support this site

GRADE F

A sustained record of distress well beyond its peers. More recorded distress than 99% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 1863.4. In ZIP 10468, 36% of residential buildings hold an A and 17% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations144 total — 48 class C (immediately hazardous), 81 class B, 15 class A. Oldest open since 2022-04-29.
Pending HPD litigation6 case(s) pending in housing court
Active vacate order4 unit(s) under an unrescinded HPD vacate order

status snapshot refreshed weekly from HPD records

Patterns

36 heat or hot-water complaints in the last three years (winter 2024–25: 4 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.

4
’24–25
4
’25–26

No bedbug-infested units reported in the last three years of filings.

$29,900 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

277 service requests in the last three years. Most common: UNSANITARY CONDITION (42) · ELECTRIC (32) · DOOR/WINDOW (23) · PAINT/PLASTER (18) · Noise (16) · PLUMBING (16).

Filed construction activity

$492,134 in permitted construction work filed since 2016 (9 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1926)
YesSix or more residential units (16)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)POINT 2440 REALTY LLC
Head officerTimour Shafran
Managing agentBradley Zar
Last registered2025-12-18

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$975,000 $438,750
2026$954,000 $429,300
2027$960,000 $432,000

The city's market estimate has fallen 2% between tax years 2025 and 2027.

Building systems

Heating fuelNATURALGAS

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Not in a hurricane evacuation zone.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

2 street-flooding or sewer-backup complaints at this address since 2012 (1 in the last three years).

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayFordham Rd — 4 · 300 ft straight-line (about a 2-minute walk) · station accessibility: full
Fordham Rd — B D · 650 ft straight-line (about a 3-minute walk) · station accessibility: none
BusNearest boarding stop: East Fordham Rd / Walton Av — Bx12-SBS · 250 ft · Select Bus Service
Citi BikeJerome Ave & W Fordham Rd · 450 ft · station location as of 2026-09-23; live availability
Bike facilityPainted bike lane mapped within 75 ft
School zones (2024–25 map)Elementary: P.S. 033 Timothy Dwight
Middle: 447,363. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

2440 Walton Avenue

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

277 311 service requests from this address in the last three years — 12 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $1,026,976 on 2021-08-20 (lender: Peapack-Gladstone Bank). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2021-08-20AL&R $2,525,000 — from POINT 2440 REALTY LLC to PEAPACK-GLADSTONE BANK $2,525,000
2021-08-20Agreement $2,525,000 — from POINT 2440 REALTY LLC to PEAPACK-GLADSTONE BANK $2,525,000
2021-08-20Mortgage $1,026,977 — from POINT 2440 REALTY LLC to PEAPACK-GLADSTONE BANK $1,026,977
2019-09-20Deed $2,060,000 — from 108 FLUSHING ASSOCIATES LLC to POINT 2440 REALTY, LLC $2,060,000
2019-09-20Mortgage $268,439 — from POINT 2440 REALTY LLC to RIDGEWOOD SAVINGS BANK $268,439
2019-09-20Agreement $1,550,000 — from POINT 2440 REALTY LLC to RIDGEWOOD SAVINGS BANK $1,550,000
2019-09-20AL&R $1,550,000 — from POINT 2440 REALTY LLC to RIDGEWOOD SAVINGS BANK $1,550,000
2019-09-05Sold for $2,060,000 $2,060,000 $128,750
2015-09-02Mortgage $1,370,000 — from 108 FLUSHING ASSOCIATES LLC to NEW YORK COMMUNITY BANK $1,370,000
2015-09-02AL&R $1,370,000 — from 108 FLUSHING ASSOCIATES LLC to NEW YORK COMMUNITY BANK $1,370,000
2015-02-11Deed $1,540,000 — from 2440 WALTON REALTY LLC to 108 FLUSHING ASSOCIATES LLC $1,540,000
2012-01-18Mortgage $205,829 — from 2440 WALTON REALTY LLC to FLUSHING SAVINGS BANK FSB $205,829
2012-01-18Agreement $850,000 — from 2440 WALTON REALTY LLC to FLUSHING SAVINGS BANK FSB $850,000
2012-01-18AL&R $850,000 — from 2440 WALTON REALTY LLC to FLUSHING SAVINGS BANK FSB $850,000
2009-11-19Deed $950,000 — from 2440 WALTON AVENUE LLC to 2440 WALTON REALTY, LLC $950,000

Ten-year activity

1,0005000
2017
2018
2019
2020
2021
2022
2023
2024
844
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201700590261
201866701487
201973398360
202032750282
202102222462254
2022019713102
20230014604150
20240010404108
202503780304844
202632528805321
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The full timeline

Construction 24Enforcement 101Housing & tenants 2,394Ownership & money 30Health & systems 56

Every one of the 2,605 recorded events, 1978–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10468 · Landlord rankings · How grades work · The map · The Mice Map