296 City Island Avenue

Bronx, NY 10464

Prime commercial opportunity in the heart of City Island, one of the Bronx’s most desirable and destination-driven waterfront communities. This versatile commercial space is well suited for an office, restaurant, cafe, or retail use and offers strong long-term upside for both owner-users and investors. The property features large front windows providing excellent street visibility and natural light, exposed brick for added character, and a flexible layout that can be configured to meet a variety of business needs. Previously operated as a restaurant, existing equipment may be included if desired and is being offered as-is. A private rear yard adds additional value and utility, ideal for storage, prep space, or ancillary use. City Island is a proven commercial corridor known for its marinas, seafood restaurants, and consistent weekend and seasonal foot traffic, supported by a strong local customer base and steady tourism. For investors seeking immediate income, the seller is willing to lease back the property at fair market value if desired by the buyer, providing a potential stabilized return from day one. This offering presents a rare opportunity to acquire a flexible, income-capable asset in a high-demand submarket with limited commercial inventory. Ideal for investors, owner-users, or those seeking a value-add opportunity in a vibrant waterfront setting.

Listing courtesy of Houlihan Lawrence Inc. asaraco@houlihanlawrence.com


Based on information submitted to the MLS GRID as of 2026-02-01 01:38 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.