320 West Fordham Road

Cushman & Wakefield is pleased to offer for sale the fee simple interest in 320 West Fordham Road, an approximately 3.7 acre waterfront development site located in the University Heights neighborhood of the Northwest Bronx. The site features over 742’ of valuable frontage along the Harlem River and offers approximately 515,140 buildable square feet of residential space as-of-right. Prospective developers have the ability to enlarge the buildable potential to approximately 973,375 square feet through the inclusion of community facility space. With rental and condo prices reaching record levels throughout Manhattan, the property presents an ideal opportunity for a potential developer to capitalize on the demand for quality housing from individuals and families that have been priced out of other submarkets. The site is ideally situated adjacent to the University Heights Metro-North station providing future residents convenient access to Midtown Manhattan in less than 25 minutes. The Bronx continues to evolve into a primary housing destination for aspiring young professionals, families, and individual city residents seeking a more affordable alternative to other City neighborhoods, which is highlighted by the nearly 3,500 residential units and 5 million square feet of recently completed or planned projects within the submarket. As majority of the aforementioned projects are South Bronx focused, there remains significant growth potential within the Northwest Bronx region and positions 320 West Fordham Road as a truly unique waterfront development opportunity in one of New York City’s most rapidly growing residential submarkets.