$21,250,000 USD
248-702-0288
248-260 E Fordham Rd
Bronx, NY 10458
Fordham Heights
HIGHLIGHTS
- Corporate Bank Of America – Early 10-Year Lease Extension Demonstrating Tenant Commitment To Location
- Additional Income Stream – EmblemHealth Lease With Built-In Rental Increases
- Emblem Health Is One Of The Largest Nonprofit Health Insurers In New York, Serving 3M+ Members
- Medical / Administrative Use Provides Category Diversification Beyond Retail Banking
- Trophy Corner In A Transit-Rich, Pedestrian-Dominated Environment | Recession-Resilient, Needs-Based Retail Market
- Located On The Premier Corner Of Fordham Road – #1 Retail Corridor In The Bronx
FOR SALE DETAILS
PRICE
$21,250,000 USD
PRICE/SF
$1,142 USD /SF
CAP RATE
5.36%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America & Emblem Health
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1933
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
9,148 SF
ZONING
C4-4
APN/PARCEL ID
03148-0017
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248-702-0288
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248-702-0288
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