A snapshot of recorded transactions across the Central Bronx sub-market for the second quarter of 2026, covering Fordham, Belmont, Tremont, Mount Hope, Concourse, Highbridge and Morris Heights activity across multifamily, development, retail and industrial assets.
A high-level review of Q2 2026 investment-sales activity in Central Bronx — volume, trends, and the five points that defined the quarter.
Four views of Q2 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Multifamily | $62.5M | 47.0% | 72.7% | |
| Development | $52.6M | 39.6% | 18.2% | |
| Retail | $13.5M | 10.2% | 4.5% | |
| Industrial | $4.2M | 3.2% | 4.5% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Fordham | 7 | $42.3M | |
| Belmont | 3 | $28.8M | |
| Tremont | 3 | $28.4M | |
| Concourse | 2 | $11.8M | |
| Mount Hope | 2 | $9.7M | |
| Morris Heights | 3 | $6.7M | |
| Highbridge | 1 | $4.0M | |
| Norwood | 1 | $1.2M |
Each Q2 2026 transaction is plotted by neighborhood (street-level geocoding was unavailable, so points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $25.3MM 680-696 East Fordham Road development, the $17.0MM 1947 Bathgate Avenue site, and the $13.5MM 305-309 East Fordham Road retail trade read as the dominant bubbles along the Fordham corridor. Click any bubble for the deal details.
Near-term catalysts likely to shape Central Bronx deal flow over the next two quarters.
Sixteen multifamily trades at a ~$60K/unit median show a deep bid for Central Bronx rent-stabilized stock. Watch whether trade count holds into Q3 as private and local capital continues to underwrite value-add basis; a return of larger portfolios would lift dollar volume back toward the 2025/early-2026 peaks.
Fordham Road drove 32% of dollar volume across development, retail and multifamily. The corridor's foot traffic and transit access keep it the borough's most liquid submarket — expect continued development-site and mixed-use activity around East Fordham Road and the Grand Concourse.
Q2 2026's story was count over size: 22 trades but a $3.55MM median ticket. The pace of larger ($10MM+) closings into 2H 2026 will track financing costs; an easing rate path would help the portfolio and development trades that move dollar volume.
485-x and Bronx rezonings underpin the development bid along the arterial corridors. Watch ground-up land activity and conversion economics as developers weigh construction starts against rent growth in the borough's regulated market.
Complete transaction log for Q2 2026, sorted by activity date. Development trades show N/A for $/SF (the relevant metric is $/BSF); conversions, multifamily, retail, office and hotel show N/A for $/BSF (the relevant metric is $/SF). $/Unit is reported only for multifamily product with residential units. Footer $/BSF averages cover development trades only; $/SF averages exclude development.
| Address | Date | Price | Property type | $/SF | $/BSF | $/Unit |
|---|---|---|---|---|---|---|
| 167 E 205th St | 4/1/2026 | $1,170,000 | MF-MU Small | $677 | N/A | $585,000 |
| 680-696 E Fordham Rd | 4/14/2026 | $25,300,001 | Development | N/A | $110 | N/A |
| 1915 Morris Ave & 2025 Walton Ave | 4/15/2026 | $6,504,100 | MF-MU 10+ resi units | $57 | N/A | $54,201 |
| 2805 Pond Pl & 2388 Tiebout Ave | 4/16/2026 | $7,811,675 | MF-MU 10+ resi units | $63 | N/A | $66,201 |
| 1304 Merriam Ave | 4/17/2026 | $3,992,316 | MF-MU 10+ resi units | $35 | N/A | $37,663 |
| 80 McClellan St | 4/21/2026 | $7,850,000 | MF-MU 10+ resi units | $63 | N/A | $76,214 |
| 2180 Anthony Ave | 4/21/2026 | $2,118,175 | MF-MU 10+ resi units | $63 | N/A | $55,741 |
| 1774 Popham Ave | 4/30/2026 | $1,750,000 | MF-MU 6-9 resi units | $364 | N/A | $291,667 |
| 651 Crescent Ave | 5/4/2026 | $2,125,000 | MF-MU 10+ resi units | $116 | N/A | $78,704 |
| 1917 Morris Ave | 5/8/2026 | $3,150,000 | Development | N/A | $78 | N/A |
| 1265 Walton Ave | 5/12/2026 | $3,950,000 | MF-MU 10+ resi units | $55 | N/A | $58,088 |
| 2467 Valentine Ave | 5/26/2026 | $1,290,000 | MF-MU 10+ resi units | $75 | N/A | $61,429 |
| 4121 3rd Ave | 5/28/2026 | $7,154,000 | Development | N/A | $64 | N/A |
| 305-309 E Fordham Rd | 5/29/2026 | $13,500,000 | Retail | $447 | N/A | N/A |
| 2363 Prospect Ave | 6/8/2026 | $1,350,000 | MF-MU 10+ resi units | $67 | N/A | $50,000 |
| 2256 Walton Ave | 6/16/2026 | $2,500,000 | MF-MU 10+ resi units | $67 | N/A | $58,140 |
| 1758 Webster Ave | 6/17/2026 | $4,250,000 | Industrial | $331 | N/A | N/A |
| 1947 Bathgate Ave | 6/18/2026 | $17,000,000 | Development | N/A | $76 | N/A |
| 613-617 E Fordham Rd | 6/24/2026 | $2,492,280 | MF-MU 10+ resi units | $95 | N/A | $63,905 |
| 1801 Loring Pl S | 6/24/2026 | $1,856,955 | MF-MU 10+ resi units | $48 | N/A | $47,614 |
| 1592-1600 University Ave | 6/25/2026 | $3,100,000 | MF-MU 10+ resi units | $53 | N/A | $48,438 |
| Casablanca Management MF BX Portfolio | 6/26/2026 | $12,600,001 | MF-MU 10+ resi units | $91 | N/A | $74,556 |
| AVERAGES | $6,037,023 | $154 | $82 | $106,722 | ||
| MEDIAN | $3,550,000 | $67 | $77 | $59,784 |
Reach out with questions on the data, the market, or specific transactions.
