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    248 Fordham Rd The Bronx, NY 10458

    Sponsored
    For Lease
    Contact for pricing

    Spacious Suites, Excellent Location

    Lot size:
    5,037 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional medical office building at 248 E Fordham Rd in the Bronx, New York, offers 5,037 square feet of versatile space currently available for lease. The property is categorized as both retail and office, making it ideal for a variety of medical practices or related businesses. The building features two suites, with a minimum divisible space of 2,277 square feet and a maximum contiguous space of 2,760 square feet. Currently, the entire 5,037 square feet is vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for two separate tenants to lease individual suites. Located in Bronx County, New York, with a zip code of 10458, this property enjoys convenient access to major transportation routes and a thriving local community. The building's classification as a medical office building suggests its suitability for healthcare providers, offering ample space for examination rooms, waiting areas, and administrative offices. This is a rare opportunity to secure a substantial and well-located medical office space in a desirable Bronx neighborhood. The property's size and layout offer flexibility for various medical practices and configurations. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 248 Fordham Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,037 SF

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    2,277 SF
    Space
    Lower level
    Size
    2,760 SF

    HighLights

    • High‑visibility location directly across from Target and Five Below.
    • Excellent retail location with strong national tenant mix, high foot and vehicular traffic.
    • Proximity to Fordham Plaza and Fordham Place, anchored by major retailers and restaurants.
    • Four blocks from Fordham University (6,500+ students, 1,000+ staff).
    • Short distance to Theodore Roosevelt Educational Campus (2,800 high school students).
    • One block from the B and D subway lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bank of America ATM Atm Bank of America Financial ... Financial Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8957712
    Latitude
    40.8620144

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    FAQs

    What type of property is this?
    Medical office - Spacious Suites, Excellent Location
    Where is this medical office located?
    The property is located at 248 Fordham Rd The Bronx, NY.
    What are key features of this property?
    This property features: High-visibility location directly across from Target and Five Below.; Excellent retail location with strong national tenant mix, high foot and vehicular traffic.; Proximity to Fordham Plaza and Fordham Place, anchored by major retailers and restaurants.
    Request Owner's contact information
    248 Fordham Rd The Bronx, NY 10458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 Fordham Rd The Bronx, NY 10458
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