Harbor Group picks up two Bronx retail properties for $35M

Jackson Group bought the properties on East Fordham Road for a combined $19M

TRD New York /
Dec.December 04, 2014 02:09 PM

The Harbor Group purchased two commercial properties at 305-315 East Fordham Road in the Bronx for a combined $34.6 million, according to property records filed with the city today.  

The property, which was listed with Massey Knakal Realty Services for an initial price of $42 million, is zoned for commercial use. The site holds an additional combined 53,932 buildable square feet.

The seller of the pair of buildings is the Jackson Group. The firm bought one of the buildings for $4 million in 2008 and one for $15 million in 2007.

The two corner retail properties at 305-307 and 309-315 East Fordham Road total more than 30,000 square feet and are located among a number of other retail locations. Tenants of the two-story retail units include Planet Fitness, Metro PCS, The Vitamin Shoppe and Subway.

No representatives from Virgina-based Harbor Group were immediately available for comment.


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

“Conviction and appetite to do it myself:” MaryAnne Gilmartin talks spinoff from L&L

“Conviction and appetite to do it myself:” MaryAnne Gilmartin talks spinoff from L&L

From left: David Levinson, MaryAnne Gilmartin and Rob Lapidus

Gilmartin splitting from Lapidus, Levinson

Burt Resnick

Burt Resnick, who headed major landlord Jack Resnick & Sons, dies

Recreational vehicles (Credit: iStock)

What #vanlife says about a possible recession

The beach in Tulum, Mexico, and Thor Equities Joe Sitt (Credit: Thor Equities LLC via Bloomberg)

Joe Sitt’s $100M plan for Pablo Escobar’s Tulum compound

arrow_forward_ios
Loading...