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Bank of America & Emblem Health 248-260 E Fordham Rd 18,600 SF 5% Leased Retail Building Bronx, NY 10458 $21,250,000 ($1,142.47/SF) 5.36% Cap Rate

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Investment Highlights

  • Corporate Bank Of America – Early 10-Year Lease Extension Demonstrating Tenant Commitment To Location
  • Emblem Health Is One Of The Largest Nonprofit Health Insurers In New York, Serving 3M+ Members
  • Trophy Corner In A Transit-Rich, Pedestrian-Dominated Environment | Recession-Resilient, Needs-Based Retail Market
  • Additional Income Stream – EmblemHealth Lease With Built-In Rental Increases
  • Medical / Administrative Use Provides Category Diversification Beyond Retail Banking
  • Located On The Premier Corner Of Fordham Road – #1 Retail Corridor In The Bronx

Executive Summary

Corporate Bank Of America – Early 10-Year Lease Extension Demonstrating Tenant Commitment To Location

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,600 SF
Building Class
C
Year Built
1933
Price
$21,250,000
Price Per SF
$1,142.47
Cap Rate
5.36%
NOI
$1,138,114
Percent Leased
5%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.03
Lot Size
0.21 AC
Zoning
C4-4 - commercial
Frontage
25’ on Fordham Rd

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 5,700 SF
  • Retail
  • In-Line
  • Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

  • Ground
  • 6,200 SF
  • Retail
  • In-Line
  • Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

  • 2nd Floor
  • 5,700 SF
  • Retail
  • In-Line
  • Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

Space Size Space Use Position Available
Lower Level 5,700 SF Retail In-Line Now
Ground 6,200 SF Retail In-Line Now
2nd Floor 5,700 SF Retail In-Line Now

Lower Level

Size
5,700 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size
6,200 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
5,700 SF
Space Use
Retail
Position
In-Line
Available
Now

Lower Level

Size 5,700 SF
Space Use Retail
Position In-Line
Available Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

Ground

Size 6,200 SF
Space Use Retail
Position In-Line
Available Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

2nd Floor

Size 5,700 SF
Space Use Retail
Position In-Line
Available Now

256 East Fordham Road is a prominent mixed-use commercial property positioned along one of the Bronx’s most active retail corridors, anchoring the heart of the Fordham neighborhood. The building benefits from exceptional street presence on East Fordham Road—one of the borough’s highest-traffic shopping destinations—supported by dense surrounding residential communities, nearby universities, and year-round pedestrian activity. We are representing the owner on a potential build-out and are currently evaluating multiple scenarios to optimize the space for forward looking tenancy, with an emphasis on long-term flexibility, strong merchandising potential, and efficient delivery. Located within a transit-rich environment with immediate access to multiple subway lines, Metro-North service, and extensive bus connectivity, the property offers unmatched accessibility for customers and employees alike. Surrounded by major retailers and neighborhood anchors, 256 East Fordham Road sits at the center of a market defined by demand durability and constant foot traffic, making it a compelling platform for tenants seeking brand visibility and proximity to a diverse and growing consumer base in one of New York City’s most resilient retail submarkets.

Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Planet Fitness
Bank of America
Checkers
Chase Bank
Rent-A-Center
Apple Bank
TD Bank
Citi
Capital One
Citizens Bank

Property Taxes

Property Taxes

Parcel Number
03148-0017
Land Assessment
$1,323,000
Improvements Assessment
$2,793,910
Total Assessment
$4,116,910
  • Listing ID: 38520792

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 248-260 E Fordham Rd, Bronx, NY 10458

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