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261-265 City Island Ave 5,500 SF 50% Leased Office Building Bronx, NY 10464 $2,652,248 CAD ($482.23 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Located in the heart of City Island’s commercial corridor
  • Flexible layout suitable for professional or creative uses
  • Surrounded by restaurants, retail, and residential density

EXECUTIVE SUMMARY

Located in the heart of City Island’s charming commercial corridor, this 5,500-square-foot office property offers a rare opportunity to own a versatile building in one of New York City’s most unique waterfront communities. Positioned on a prominent stretch of City Island Avenue, the property benefits from strong visibility, walkable surroundings, and a vibrant mix of local businesses, restaurants, and residential density.
City Island is known for its maritime heritage, tight-knit community, and proximity to Pelham Bay Park, Orchard Beach, and major roadways including I-95 and the Hutchinson River Parkway. The area draws visitors year-round for dining, recreation, and waterfront views, creating a dynamic environment for business growth and investment.
Whether you're expanding your portfolio or seeking a headquarters with neighborhood charm, 261–265 City Island Avenue offers the infrastructure, location, and appeal to support long-term success.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
5,500 SF
Building Class
B
Year Built
1987
Price
$2,652,248 CAD
Price Per SF
$482.23 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,750 SF
Building FAR
0.97
Lot Size
0.13 AC
Zoning
R3A
Parking
8 Spaces (1.45 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,750 SF
  • Office
  • Shell Space
  • Now

Set in the heart of City Island’s vibrant commercial corridor, this 5,500-square-foot office property offers a rare opportunity to lease space in one of New York City’s most distinctive waterfront communities. The building is ideally positioned along City Island Avenue, a walkable and well-trafficked street lined with restaurants, boutiques, and service businesses that draw both local residents and destination visitors year-round.

Space Size Space Use Condition Available
1st Floor 2,750 SF Office Shell Space Now

1st Floor

Size
2,750 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Floor

Size 2,750 SF
Space Use Office
Condition Shell Space
Available Now

Set in the heart of City Island’s vibrant commercial corridor, this 5,500-square-foot office property offers a rare opportunity to lease space in one of New York City’s most distinctive waterfront communities. The building is ideally positioned along City Island Avenue, a walkable and well-trafficked street lined with restaurants, boutiques, and service businesses that draw both local residents and destination visitors year-round.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05629-0236
Land Assessment
$111,189 CAD
Improvements Assessment
$294,482 CAD
Total Assessment
$405,671 CAD
  • Listing ID: 37410350

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 261-265 City Island Ave, Bronx, NY 10464

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