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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



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
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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.
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.
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.
Nearby Major Retailers
Property Taxes
| Parcel Number | 03148-0017 | Improvements Assessment | $2,793,910 |
| Land Assessment | $1,323,000 | Total Assessment | $4,116,910 |
Property Taxes
Presented by
Bank of America & Emblem Health | 248-260 E Fordham Rd
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