Map of Property

For Sale

Bank of America & Emblem Health

248-254 E Fordham Rd, Bronx, NY 10458

- 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.

Key features

  • 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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Harry Tawil

Encore Real Estate Investment Services

Building Details

  • For Sale $19,793,286.95
  • 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 May 21, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (98)

  • Transit Score ®

    Rider's Paradise (100)

  • Bike Score ®

    Bikeable (57)
Powered by Walk Score ®

Location

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

Points of Interest

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

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

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

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

248-254 E Fordham Rd Listing Summary

  • What is the asking price at Bank of America & Emblem Health?

    Bank of America & Emblem Health is currently listed for sale at Contact for pricing.

  • What is the total size of Bank of America & Emblem Health?

    Bank of America & Emblem Health has a total of 11,000 square feet.

  • What is the year built for Bank of America & Emblem Health?

    The year built for Bank of America & Emblem Health is 1932.

Contact Listing Broker
Harry Tawil

Encore Real Estate Investment Services

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