Gary Segal’s Dynamic Star has acquired 320 West Fordham Road from the Lasala family for $31.5 million. The Northwest Bronx site allows for the development of 515,140 square feet of residential space (as-of-right).
Living on an island: Although the 3.7 acre parcel is located steps away from a Metro-North station, it’s boxed-in by the Harlem River, University Heights Bridge, and the Major Deegan Expressway.
Worth Noting: The buyer is looking to rezone the the 3.7 acre parcel to allow for further development. Right now, the site can accommodate 973,375 buildable square feet if community facility space is included.