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This Retail Property is no longer advertised on LoopNet.com.

53-63 W Fordham Rd
Bronx, NY 10468

100% Leased Bronx Retail Building · Retail Property For Sale

Investment Highlights

  • 6 Tenants. 100% Occupied. Weighted Average Lease Term: 6.8y. Average Increase: 2.92%/y
  • Located (2) blocks from West Fordham/Jerome Avenue.
  • Tenants cover % of taxes over base year (2021 avg.)
  • $1,000,000 invested in extensive 2020 renovations.
  • 43,365 BSF Residential. 69,384 BSF Community Facility.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
14,000 SF
Building Class
C
Year Built/Renovated
1921/2020
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.33 AC
Zoning
R6, C1-4 (Wide Street) - 43,365 BSF Residential. 69,384 BSF Community Facility
Frontage
102 FT on Grand Ave

Amenities

  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03213-0043
Land Assessment
$810,000
Improvements Assessment
$1,524,523
Total Assessment
$2,334,523
  • Listing ID: 31797811

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 53-63 W Fordham Rd, Bronx, NY 10468

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