Map of Property

Bank of America & Emblem Health

For Sale

248-254 E Fordham Rd, Bronx, NY 10458

This Bronx property for sale is located at 248-254 E Fordham Rd. The current listed sale price for Bank of America & Emblem Health is $19,793,286.95. Bank of America & Emblem Health is situated on a lot that is 0.15 acre in size.

Contacts

Harry Tawil

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,000 SF
  • Units 2
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1932
  • Date Updated Apr 27, 2026
- Located on the Southeast corner of E Fordham Road and Valentine Ave in one of the Bronx’s strongest retail corridors, the subject location benefits from the vibrant Fordham Road shopping district — the largest in the borough and among the top commercial strips in New York City. - The locale is highly accessible, anchored by the Fordham Plaza transit hub and served by major bus and rail lines, which supports strong foot traffic and convenient access from across the region. - The broader neighborhood offers a mix of large-scale regional attractions and neighborhood amenities — including the New York Botanical Garden and the Bronx Zoo — enhancing draw and visibility for a retail user seeking both destination and everyday traffic.Introducing 248-254 E Fordham Rd, a prime Retail / Street Retail investment opportunity in the heart of the Bronx. This 11,000 SF, 2-unit property, built in 1932 and zoned C4-4, offers 100% occupancy with Bank of America's 10-year lease extension and an additional income stream from EmblemHealth. Located on the premier corner of Fordham Road, this property boasts unparalleled visibility and foot traffic, surrounded by a dense cluster of national credit retailers. With exceptional barriers to entry and a recession-resilient, needs-based retail market, this urban real estate gem presents a compelling investment prospect.
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Highlights

  • Additional Income Stream – EmblemHealth Lease with Built-In Rental Increases
  • Corporate Bank of America – Early 10-Year Lease Extension Demonstrating Tenant Commitment to Location
  • Direct access to Fordham University, Bronx Zoo, and NY Botanical Garden
  • Emblem Health is one of the largest nonprofit health insurers in New York, serving 3M+ members
  • Extremely limited supply of corner parcels suitable for bank or flagship retail use
  • Fordham Road trades consistently even in down-market cycles due to daily-needs retail mix, institutional anchors, and student + workforce population
  • High-density trade area with more than 100,000 residents within 1 mile
  • Irreplaceable Urban Real Estate with Exceptional Barriers to Entry
  • Located on the Premier Corner of Fordham Road – #1 Retail Corridor in the Bronx
  • Medical / administrative use provides category diversification beyond retail banking
  • Recession-Resilient, Needs-Based Retail Market
  • Steps from Fordham Plaza transportation hub (Metro-North + 10+ MTA bus routes)
  • Surrounded by a Dense Cluster of National Credit Retailers Including: Target, Chick-fil-A, Five Below, P.C. Richard & Son, Burlington, Champs, Foot Locker, Gap Factory, Snipes, Rainbow, and more
  • Trophy Corner in a Transit-Rich, Pedestrian-Dominated Environment
  • Unmatched pedestrian + vehicular traffic | Fordham Road sees an estimated 80,000+ daily shoppers & commuters

Getting around

  • 98/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 57/100

    Bike Score ®

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Location

  • City Bronx, NY
  • Neighborhood Fordham
  • Zip Code 10458
  • Market Bronx

Points of Interest

  • Fordham

    0.27 miles

  • Kingsbridge Road

    0.40 miles

  • 182-183 Street

    0.49 miles

  • Bedford Park Blvd.

    0.83 miles

  • Bedford park Blvd.

    0.83 miles

  • Bedford Park Boulevard

    0.90 miles

  • Tremont

    1.06 miles

  • Marble Hill–225th Street

    1.14 miles

  • Norwood–205th Street

    1.25 miles

  • 207th Street–Inwood

    1.29 miles

  • Exxon

    0.30 miles

  • BP

    0.38 miles

  • Lukoil

    0.56 miles

  • Shell

    0.59 miles

  • Sunoco

    1.16 miles

  • Mobil

    1.39 miles

  • Citgo

    1.45 miles

  • Tesla Supercharger

    3.51 miles

  • plugNYC

    6.48 miles

  • ChargePoint

    6.51 miles

  • Jerome – 190th Street Municipal Parking Garage

    0.25 miles

  • Parking Area A

    0.75 miles

  • Fordham Regional Parking Facility

    0.76 miles

  • Peter Jay Sharp Building

    0.76 miles

  • NYPD Bronx Tow Pound

    0.85 miles

  • Southern Boulevard Parking

    1.10 miles

  • Bronx River Parking

    1.35 miles

  • Department of Sanitation District 6 Garage

    1.36 miles

  • Asia Parking

    1.46 miles

  • Edison Parkfast #136

    1.78 miles

  • 2 Bros. Pizza

    0.06 miles

  • Best Italian Pizza

    0.06 miles

  • Kennedy Chicken

    0.09 miles

  • Bobo’s Crab Shack

    0.12 miles

  • Taqueria Los Angeles

    0.13 miles

  • Delicia’s

    0.16 miles

  • Tacos El Chuleton

    0.20 miles

  • Little Caesars

    0.21 miles

  • Los Balbuenas

    0.23 miles

  • Dunkin'

    0.25 miles

  • Target

    0.05 miles

  • Marshalls

    0.10 miles

  • Burlington

    0.10 miles

  • Dime

    0.15 miles

  • Cherry Valley

    0.23 miles

  • Morton Williams

    0.38 miles

  • Antillana

    0.42 miles

  • Food Dynasty

    0.43 miles

  • Met

    0.61 miles

  • Modern Market

    0.62 miles

Contact Listing Broker
Harry Tawil

Encore Real Estate Investment Services

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