Updated Feb 12, 2025
528 East Fordham Road
528 East Fordham Road
$5,000,000
$88/SF
Building Size
56,561 SF
Asset Type
Development Site
Closing
Jan 17, 2025
About this deal
AI
No summary available.
The development site sale at 528 East Fordham Road in Bronx, New York sold for $5M in 2025. The building is 56,561 square feet, implying about 88 per square foot on the published price. Steve Lorenzo, George Steffani, Chris Varjan, Jonathan Braun appear on the sale alongside Lee & Associates. This page is the Bronx, New York file for the 528 East Fordham Road development site sold: pricing, party profiles, and other closed development site comps from the same Bronx sit in the Market section below. Filter that Bronx development site set by closing date to see what else sold near 528 East Fordham Road around 2025. Published consideration for 528 East Fordham Road is $5M, dated 2025. Cite this 528 East Fordham Road sale when underwriting similar development site product around Bronx, New York.
On the Map
$5,000,000
$88/SF
Development Site
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Players
Bronx Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93