Lee & Associates NYC Markets Six-Building City-Leased Education Portfolio

The offering includes over 180,000 square feet of community and education-focused space across the Bronx and Queens.

Mar. 17, 2026 at 10:04pm

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Lee & Associates NYC has been engaged to market for sale a six-property portfolio of New York City-leased educational and community facility buildings spread across two boroughs. The portfolio is being offered to the market for the first time in more than 40 years and comprises six properties totaling more than 180,000 leased square feet, with five buildings located in the Bronx and one in Queens.

Why it matters

The portfolio represents a rare opportunity for investors to acquire a group of mission-critical assets leased to New York City on a long-duration basis, providing stable occupancy and cash flow from government-backed tenancy focused on educational and community facility uses.

The details

Each of the properties is leased to New York City agencies that use the buildings for educational, pre-K, daycare and broader community facility purposes. The leases are described as long-term, and the tenancy is fully government-backed, which positions the portfolio as a source of durable income streams for investors.

  • The portfolio is being offered to the market for the first time in more than 40 years.

The players

Lee & Associates NYC

A commercial real estate firm that has been engaged to market and sell the six-property portfolio.

Ben Tapper

The executive managing director at Lee & Associates NYC who is overseeing the marketing and sale effort on behalf of the seller, a private family office.

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What they’re saying

“Tapper characterized the portfolio as a generational chance to acquire a group of mission-critical assets leased to New York City on a long-duration basis.”

— Ben Tapper, Executive Managing Director, Lee & Associates NYC (cremarketbeat.com)

The takeaway

This portfolio sale represents a rare opportunity for investors to acquire a sizable collection of government-leased community and education facilities in New York City, providing stable long-term income from mission-driven tenants.