Fordham HomeGoods Leases Retail Space From Landlord Moshe Zafrani At 306 East Fordham Road
306 East Fordham Road
$200
$200/SF
Building Size
9,000 SF
Asset Type
Retail
Closing
Feb 16, 2026
AI
The property asset involved in this transaction is a retail space located at 306 East Fordham Road in the Fordham market. The lease type is classified as a Retail Lease. The landlord for this property is Moshe Zafrani, while the tenant is Fordham HomeGoods. The asking rent is set at $200 per square foot, with a total square footage of 9,000. The breakdown of the lease includes 1,500 square feet on the ground floor priced at $200 per square foot, and a lower level covering 7,000 square feet at $50 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200/ft
- Address: 306 East Fordham Road
- Market: Fordham
- Landlord: Moshe Zafrani
- Tenant: Fordham HomeGoods
- Brokers: David Sabbagh, Solomon Sharaby & Eli Yadid - KSR
- Square Footage: 9,000
- Ground Floor Area: 1,500
- Lower Level Area: 7,000
- Remaining Space: 300 E Fordham Road
Key individuals involved in this transaction include brokers David Sabbagh, Solomon Sharaby, and Eli Yadid, all representing KSR in the deal. They played a crucial role in facilitating this lease agreement while providing relevant market insights for both the landlord and tenant.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93