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.