The Real Deal New York

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

Jackson Group bought the properties on East Fordham Road for a combined $19M
By Claire Moses | December 04, 2014 02:09PM

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.