A free-standing two-story office building in the heart of Wakefield, currently occupied by a single long-term commercial tenant in place since 2022. Structured as a near-absolute NNN lease with tenant responsible for both real estate taxes and all utilities, this is a truly passive, low-management income asset — the landlord carries only property insurance. This offering is ideal for a passive 1031 buyer, small-scale portfolio investor, or owner-user seeking a turn-key office asset in the northeast Bronx. Lease expires 5/31/2027.
Listing courtesy of Listing Agent: Francis J. Morris (fjm1990@gmail.com) from Listing Office: Distinguished Realty Services.
Listing courtesy of Francis J. Morris from Distinguished Realty Services
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