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
About this deal
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.
On the Map
$13,500,000
$446/SF
Retail
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Players
Bronx Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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