JTRE Holdings Acquires Retail Property At 305-315 E Fordham Road For $13.4M
305 East Fordham Road
$13,500,000
$446/SF
Building Size
30,231 SF
Asset Type
Retail
Closing
May 28, 2026
AI
The asset involved in this transaction is a retail property located at 305-315 E Fordham Road in the Bronx. The property has a total square footage of 30,231, with a price per square foot of $443. The sale price for this transaction was $13,400,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,400,000
- Square Footage: 30,231
- Price per Square Foot: $443
- Address: 305-315 E Fordham Road
- Market: Bronx
The buyer of the property is JTRE Holdings. The transaction was brokered by Ethan Stanton, Hall Oster, Mike Mazzara, and Brendan Maddigan from JLL.
Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93