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Two-Story NNN Office Building

1763 Pitman Ave The Bronx, NY 10466

1763 Pitman Ave The, Bronx, NY, 10466
$299,000
For Sale
$299,000

Free-standing two-story office building with a near-absolute NNN lease and tenant-paid taxes and utilities.

Days on Market87

Property Features for 1763 Pitman Ave The

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1952
Listing agency DISTINGUISHED REALTY SERVICES
Listed by Francis J. Morris
Source Elliman
Added: Apr 27 Updated: Jul 21 at 7:02PM Checked: Jul 21 at 7:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DISTINGUISHED REALTY SERVICES


Investment Insights

Based on property information with market context.

This is a free-standing two-story office building in Wakefield featuring a near-absolute NNN structure. The property is currently occupied by a single long-term commercial tenant in place since 2022. Under the lease, the tenant is responsible for both real estate taxes and all utilities, while the landlord carries property insurance.

The building is offered for sale at 1763 Pitman Ave in the Bronx, NY 10466. Lease terms include an expiration date of 5/31/2027.

From an operational standpoint, the arrangement is designed to be low-management, with the landlord’s responsibilities limited to property insurance and the tenant handling the ongoing tax and utilities obligations.

Key Highlights

  • Free‑standing two‑story office building (built 1952) in Wakefield
  • Currently occupied by a single long‑term commercial tenant since 2022
  • Near‑absolute NNN structure with tenant responsible for real estate taxes and all utilities

Property Analytics

Location Intelligence

Current Use by Public Records

Stagg Group Property Management Company

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Acupuncture Carpet & Flooring Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Free-standing two-story office building with a near-absolute NNN lease and tenant-paid taxes and utilities.
Where is this office building located?
The property is located at 1763 Pitman Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Free‑standing two‑story office building (built 1952) in Wakefield; Currently occupied by a single long‑term commercial tenant since 2022; Near‑absolute NNN structure with tenant responsible for real estate taxes and all utilities
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