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Four-Tenant Shopping Center

350 East Fordham Road, Bronx, NY 10458

For Sale
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A fully occupied commercial property combines retail, healthcare, nonprofit, and education and childcare uses.

Property Size42,161 SF
Price / SF$794.57
Days on Market6

Property Features for 350 East Fordham Road

General Information

Standard status Active
Size 42,161 SF
Property subtype Retail
Occupancy 100%
Net Operating Income $2,000,000

Additional Details

Gross Income $2,200,000
Corner Location Yes
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Kassin Sabbagh Realty
Listed By: Solomon Sharaby · License #10401283106
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kassin Sabbagh Realty

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Investment Insights

Based on property information with market context.

This 42,161-square-foot commercial property is fully leased to four tenants in retail, healthcare, nonprofit, and education and childcare uses. The building is divided into six tax lots and condominium units and is designated as an R0 Special Condominium Billing Lot, enabling unit-specific real estate tax billing and separate sale of individual units. Ownership has completed infrastructure upgrades, while tenants have made additional improvements within their premises.

At the intersection of East Fordham Road and Marion Avenue in the Bronx’s Fordham neighborhood, the property has approximately 44,357 square feet of unused development rights. Those rights may offer flexibility for expansion or redevelopment, or may be sold or transferred to eligible neighboring properties, subject to applicable zoning regulations.

Key Highlights

  • 42,161 SF commercial property, fully leased to four tenants
  • Tenant uses include retail, healthcare, nonprofit, and education/childcare
  • Six individual tax lots/condominium units

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Chipotle Mexican Grill Take-out & Catering Lenox Hill Radiology ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,580
Businesses Nearby
373k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Dining 29% Apparel 23% Electronics 4%
Burlington Apparel
56,281 visits/mo 0.1 miles
Panda Express Dining
27,463 visits/mo 0.5 miles
TD Bank Shops & Services
27,422 visits/mo 0.3 miles
Shell Shops & Services
26,480 visits/mo 0.4 miles
McDonald's Dining
24,013 visits/mo 0.5 miles

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Tienda Comida Organica — 760-798 E 185th St, Bronx, NY 10460
  • Lemmi shop — 4456 Park Ave, Bronx, NY 10457
  • New York DMV Now Kiosk — 696 E Fordham Rd, Bronx, NY 10458
  • Cruz — 2286 Davidson Ave, Bronx, NY 10468
  • Hollister — Fordham, Bronx, NY 10458

Frequently Asked Questions

What type of property is this?
Shopping center - A fully occupied commercial property combines retail, healthcare, nonprofit, and education and childcare uses.
Where is this shopping center located?
The property is located at 350 East Fordham Road Bronx, NY.
What is the asking price?
The asking price for this property is $33,500,000.
What are key features of this property?
This property features: 42,161 SF commercial property, fully leased to four tenants; Tenant uses include retail, healthcare, nonprofit, and education/childcare; Six individual tax lots/condominium units
(718) 986-7149 · Office Call to check price and availability
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