On July 1, 1901, the Metropolitan Elevated Railway (later acquired by the Interborough Rapid Transit Company) extended the Third Avenue Elevated Line to Fordham Station, bringing a rapid transit connection there.

Pelham Avenue station was the northern terminus of the line until it was extended to Bronx Park Terminal ten months later.

As a result, the Third Avenue Railway also began to operate from Fordham Plaza converting it into the major transit hub that it is to this day.

[2] In summer 1950, the Central sent a petition to the New York Public Service Commission (PSC), requesting permission to close the station.

However, because of the railroad's serious financial distress following the merger, commuter service was turned over to the Metropolitan Transportation Authority in 1972.