JTRE Holdings Acquires Retail Property At 305-315 E Fordham Road For $13.4M
SOLD
$13,500,000
+ 1
New York
See Similar DealsRetail30,231 SF
Sold 05/29/2026
SOLD
JTRE Holdings Acquires Retail Property At 305-315 E Fordham Road For $13.4M
305 East Fordham Road
See Similar DealsRetail30,231 SF
Sold 05/29/2026
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$446
Total Square Footage:30,231 SF
Transaction Type:Sale
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
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$720,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65
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