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314 E Kingsbridge Rd 3,806 SF 100% Leased Retail Building Bronx, NY 10458 $4,940,928 CAD ($1,298.19 CAD/SF) 5.92% Cap Rate



Investment Highlights
- Located on Kingsbridge Road, a high-traffic commercial corridor in Fordham, Bronx.
- Stable tenant mix with long-term leases and annual rent escalations.
- Positioned in a dense retail area with strong consumer spending.
- Fully occupied building ensuring immediate cash flow.
- Zoning flexibility with additional air rights for future development potential.
Executive Summary
Investment opportunity at 314 East Kingsbridge Road in the Fordham section of the Bronx. This fully occupied mixed-use property is located along a highly active retail corridor that draws steady foot traffic and significant consumer demand. The asset features a diverse local tenant mix on long-term leases with 3% annual rent escalations, providing stable in-place income and predictable growth. With a strong income stream and additional development potential through unused air rights, this property offers both immediate cash flow and long-term upside.
The building’s position within a dense residential and retail neighborhood ensures ongoing tenant demand, while nearby transit options and major roadways deliver easy accessibility. This is an opportunity to acquire a low-maintenance asset in one of the Bronx’s most vibrant commercial hubs with favorable fundamentals and consistent return potential.
The building’s position within a dense residential and retail neighborhood ensures ongoing tenant demand, while nearby transit options and major roadways deliver easy accessibility. This is an opportunity to acquire a low-maintenance asset in one of the Bronx’s most vibrant commercial hubs with favorable fundamentals and consistent return potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,806 SF
Building Class
C
Year Built
1930
Price
$4,940,928 CAD
Price Per SF
$1,298.19 CAD
Cap Rate
5.92%
NOI
$292,338 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.75
Lot Size
0.05 AC
Zoning
C4-4, Bronx - Commercial
Frontage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03154-0093 | Improvements Assessment | $323,013 CAD |
| Land Assessment | $54,350 CAD | Total Assessment | $377,363 CAD |
Property Taxes
Parcel Number
03154-0093
Land Assessment
$54,350 CAD
Improvements Assessment
$323,013 CAD
Total Assessment
$377,363 CAD
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314 E Kingsbridge Rd
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