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NYC Education Portfolio 1 Specialty Properties in Bronx, NY
Investment Highlights
- 182,371 Leased SF
- Government-backed Tenancy
- 6 Total Buildings
- 15.6 WALT
- 10% Rent Bumps Every 5 Years
Executive Summary
Lee & 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.
Property Facts
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 27,000 SF |
| Status | Active | Total Land Area | 0.31 AC |
| Number of Properties | 6 |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 27,000 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3261 3rd Ave, Bronx, NY 10456 | Specialty | 27,000 SF | 1953 | - |
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NYC Education Portfolio
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