- For Sale Call For Pricing
- Property Type Other - Special Purpose
- Property Size 143,381 SF
- Property Tenancy Multi-Tenant
- Date Updated Mar 17, 2026
Description
Bronx and QueensLee & Associates is pleased to present exclusively for sale the portfolio of government leased properties located in New York City (the “Portfolio”). Consisting of 6 assets located in the Bronx (5) and Queens (1), the Portfolio consists of educational, daycare, and community facility buildings leased to New York City agencies. Each of the assets feature strong in-place cashflow and lease terms in excess of 15 years on average. The Portfolio represents the opportunity to acquire multiple government-backed leased assets with low landlord responsibility.
Highlights
- 10% Rent Bumps Every 5 Years
- 15.6 WALT
- 182,371 Leased SF
- 6 Total Buildings
- Government-backed Tenancy
False
Contacts
Ben Tapper
Lee & Associates - New York
Location
Located at 3261 Third Avenue, Bronx, NY 10456, this property is part of the Morrisania neighborhood and Bronx market.
Contact Listing Broker
Ben Tapper
Lee & Associates - New York