The Bronx, one of New York City's five boroughs, offers a diverse range of neighborhoods and properties for sale. At 500 E Fordham Rd, Bronx, NY, you'll find an exciting opportunity to own a piece of this vibrant area. This location, in particular, boasts easy access to Fordham University, the Bronx Zoo, and several major transportation hubs.
Properties for sale in this area cater to various buyers, from first-time homebuyers to seasoned investors. The neighborhood surrounding 500 E Fordham Rd features a mix of pre-war co-ops, newly constructed rentals, and historic homes. With the Bronx's real estate market evolving, now is an excellent time to explore the options available.
Properties in the Area
The properties at 500 E Fordham Rd and the surrounding area offer a range of features and amenities. Some of the notable aspects include:
- Proximity to Fordham Road, one of the Bronx's major commercial corridors
- Easy access to public transportation, including the 4 train and several bus routes
- Nearby parks and green spaces, such as Van Cortlandt Park and the Bronx Zoo
- Diverse community with a mix of long-time residents and newcomers
Real Estate Market Trends
The Bronx's real estate market has seen significant growth in recent years, with prices increasing steadily. According to data from the New York City Department of Finance, the median sales price for condos and co-ops in the Bronx rose by 12% in 2022 compared to the previous year. This trend is expected to continue, making 500 E Fordham Rd an attractive location for buyers looking to invest in the area.
| Year | Median Sales Price |
|---|---|
| 2020 | $450,000 |
| 2021 | $495,000 |
| 2022 | $555,000 |
Key Points
- 500 E Fordham Rd is located in a prime area of the Bronx, with easy access to major transportation hubs and amenities.
- The neighborhood features a diverse range of properties, including pre-war co-ops, newly constructed rentals, and historic homes.
- The Bronx's real estate market has seen significant growth, with a 12% increase in median sales prices for condos and co-ops in 2022.
- Buyers can expect to find a mix of affordable and luxury properties in the area, catering to various budgets and preferences.
- The area's ongoing development and growing demand make it an attractive location for investors and first-time homebuyers alike.
Neighborhood Amenities
The area surrounding 500 E Fordham Rd offers a range of amenities and services, including:
- Shopping centers, such as the Fordham Plaza shopping mall
- Restaurants and cafes, featuring a diverse range of cuisines
- Educational institutions, including Fordham University and several public schools
- Healthcare facilities, such as the Bronx-Lebanon Hospital Center
Transportation Options
Residents at 500 E Fordham Rd will enjoy easy access to public transportation, including:
- The 4 train, which runs along the Pelham Line
- Several bus routes, including the Bx12, Bx32, and Bx41
- Major highways, such as the Bronx-Whitestone Bridge and the Henry Hudson Parkway
What types of properties are available at 500 E Fordham Rd?
+Properties at 500 E Fordham Rd include a range of options, such as condos, co-ops, townhouses, and single-family homes. The area features a mix of pre-war and newly constructed properties, catering to various budgets and preferences.
How do I get to 500 E Fordham Rd using public transportation?
+The location is easily accessible by public transportation, with the 4 train and several bus routes nearby. You can take the 4 train from various parts of the city and get off at the Fordham Road station. From there, it’s a short walk to 500 E Fordham Rd.
What are the local schools like around 500 E Fordham Rd?
+The area is served by several public schools, including elementary, middle, and high schools. Additionally, Fordham University is located nearby, offering a range of academic programs. The schools in the area have received positive reviews, with many offering specialized programs and extracurricular activities.
