A snapshot of recorded transactions across the Central Bronx sub-market for the third quarter of 2026, covering Fordham, Tremont, Norwood, Belmont, Mount Hope, Highbridge and Morris Heights activity across multifamily, development, special purpose, retail and industrial assets.
A high-level review of Q3 2026 investment-sales activity in Central Bronx — volume, trends, and the points that defined the quarter.
Four views of Q3 2026 activity — historical context, year-over-year composition, asset-class mix, and neighborhood concentration.
| Asset class | $ vol | % DV | % Tx | |
|---|---|---|---|---|
| Multifamily | $41.1M | 52.4% | 33.3% | |
| Development | $23.3M | 29.7% | 33.3% | |
| Special Purpose | $9.4M | 12.0% | 13.3% | |
| Retail | $3.0M | 3.8% | 13.3% | |
| Industrial | $1.6M | 2.1% | 6.7% |
| Neighborhood | Tx | $ vol | |
|---|---|---|---|
| Fordham | 6 | $38.1M | |
| Norwood | 3 | $11.1M | |
| Highbridge | 1 | $9.1M | |
| Tremont | 1 | $8.0M | |
| Mount Hope | 2 | $6.4M | |
| Morris Heights | 1 | $4.2M | |
| Belmont | 1 | $1.6M |
Each Q3 2026 transaction is plotted by neighborhood (points are clustered at neighborhood centroids). Bubbles are colored by asset class and sized by sale price — the $15.0MM Arena Bronx multifamily portfolio and the $14.0MM 101-109 East Burnside Avenue package read as the dominant bubbles across 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.
Development dollar volume jumped 77% YoY to $23.3MM across five ground-up sites. Watch land activity along the Grand Concourse, Webster and Jerome Avenue corridors as 485-x and Central Bronx rezonings pull new rental supply forward into Q4.
A 306-unit portfolio and a $14.0MM Burnside package show institutional appetite for Central Bronx rent-stabilized product at a low basis. Watch whether larger portfolios keep trading — their return is what lifts dollar volume toward the 2025/early-2026 peaks.
Special purpose re-entered at $9.5MM along Webster Avenue. Watch community-facility and institutional trades as a swing factor in a borough where a single large asset can move the quarterly total.
Q3's $4.25MM median ticket spanned $1.2MM development sites to $15MM portfolios. The pace of $10MM+ closings into Q4 2026 will track financing costs; an easing rate path would sustain the development and portfolio bid that drove the quarter.
Complete transaction log for Q3 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 |
|---|---|---|---|---|---|---|
| 4561 3rd Ave | 7/2/2026 | $1,650,000 | Industrial | $530 | N/A | N/A |
| 1940 Webster Ave | 7/17/2026 | $8,000,000 | Special Purpose | $487 | N/A | N/A |
| Arena Real Estate BX MF Portfolio | 7/21/2026 | $15,000,000 | MF-MU 10+ resi units | $55 | N/A | $49,020 |
| 161 E 206th St | 7/23/2026 | $2,650,000 | MF-MU 10+ resi units | $82 | N/A | $75,714 |
| 2961 Webster Ave | 7/24/2026 | $1,800,000 | Retail | $514 | N/A | N/A |
| 201 E 198th St | 7/28/2026 | $1,200,000 | Development | N/A | $90 | N/A |
| 203 E 198th St | 7/28/2026 | $1,200,000 | Development | N/A | $90 | N/A |
| Undercliff Ave | 7/29/2026 | $9,100,000 | Development | N/A | $91 | N/A |
| 2466 Webster Ave | 8/12/2026 | $1,450,000 | Special Purpose | $518 | N/A | N/A |
| 1820 Loring Pl S | 8/13/2026 | $4,250,000 | MF-MU 10+ resi units | $47 | N/A | $58,219 |
| 234 E 204th St & 3059 Valentine Ave | 8/13/2026 | $6,650,000 | Development | N/A | $119 | N/A |
| 1932 Jerome Ave | 8/14/2026 | $5,162,500 | Development | N/A | $69 | N/A |
| 1836 Anthony Ave | 8/27/2026 | $1,200,000 | Retail | $607 | N/A | N/A |
| 101-109 E Burnside Ave & 2062 Morris Ave | 8/31/2026 | $14,000,000 | MF-MU Small | $576 | N/A | $700,000 |
| 2055 Creston Ave | 9/23/2026 | $5,250,000 | MF-MU 10+ resi units | $105 | N/A | $86,066 |
| AVERAGES | $5,237,500 | $352 | $92 | $193,804 | ||
| MEDIAN | $4,250,000 | $501 | $90 | $75,714 |
Reach out with questions on the data, the market, or specific transactions.
