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306 East Fordham Road

Fordham HomeGoods Leases Retail Space From Landlord Moshe Zafrani At 306 East Fordham Road
LEASEDRetail

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

David Sabbagh

Kassin Sabbagh Realty

Broker

61 deals

Broker

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