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    OFF-MARKET
    Retail properties & Spaces

    63 Fordham Rd, The Bronx, NY 10468

    14,000 SF 3.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-tenant medical office building, located at 63 West Fordham Road in the Bronx's University Heights submarket, presents a unique investment opportunity. The property boasts a total of 14,000 square feet, with 5,000 square feet currently vacant, offering significant potential for expansion or lease to a new tenant. Situated on a 3.3-acre lot, the one-story building features a 4.8 floor area ratio and is zoned R6/C1-4. Its prime location between Grant and University Avenues ensures high visibility and accessibility, benefiting from strong pedestrian traffic and excellent public transportation links. The building's strategic placement within the bustling University Heights area places it amidst a thriving mix of established national and local retailers, creating a vibrant and attractive environment for both patients and staff. The property's single-tenant occupancy provides stability and ease of management, while the substantial vacant space offers flexibility for various medical practices or related businesses. The property's address is 63 West Fordham Road, The Bronx, New York, 10468, with the APN 03213-0043. This is an ideal opportunity for medical professionals seeking a well-located, spacious, and easily adaptable facility in a high-demand area. The property's size and zoning allow for a variety of uses within the medical field. This is a rare chance to acquire a significant asset in a rapidly growing neighborhood.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 14,000 SF
    Lot 3.3 ac (143,748 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • El Mundo Clothing Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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