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305 East Fordham Road

JTRE Holdings Acquires Retail Property At 305-315 E Fordham Road For $13.4M
SOLDRetail

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

Brendan Maddigan

JLL

Broker

$4.7B

vol

127 deals

Broker
JTRE Holdings
JTRE HoldingsBuyer

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