April 2026

FORDHAM | MOST ACTIVE NEIGHBORHOOD

The Bronx investment sales market posted a steady April with $89.5 million across 43 arm's-length transactions — a normalization after March's $246.3 million quarter-end surge. The month's biggest headline was institutional: Fetner Properties and PGIM Real Estate acquired Columbia University's 127-unit Arbor complex at 3260 Henry Hudson Parkway in Riverdale for $64 million in a sale-leaseback.

In the core investment market, Gazivoda Realty's $7.85 million purchase of the 103-unit elevator building at 80 McClellan Street in Concourse from Annal Management was the top deal at $63/SF. Fordham and Bedford Park emerged as the most active corridor with 7 deals, including 2805 Pond Place (62 units, $4.3M) and 2388 Tiebout Avenue (57 units, $3.5M) — both pricing in the low-$60s per SF.

Mount Hope posted two mid-size deals: 1915 Morris Ave (55 units, $3.4M) and 2025 Walton Ave (65 units, $3.1M). Industrial activity was limited to a single $7.2M warehouse trade at 3305 Country Club Road. New building filings included a 99-unit project at 1526 Grand Concourse (Claremont Village) and 99 units at 122 Bruckner Blvd (Mott Haven).

April 2026 Summary: 43 arm's-length investment sales totaling $89.5M. Including the institutional deal, total Bronx volume reached $153.5M. Multifamily led with 28 deals ($58.3M). Avg MF/MU $/SF: $125. YTD 2026: $499M across 121 transactions.