A new family of 3d-4f polynuclear cocrystals [LnZn 2 L 2 (CH 3 CO 2 ) 4 ]•[Zn 2 Cl 4 L]•H 2 O [where Ln III = Gd(1), Tb(2), and Dy(3)] are synthesized by the sequential reaction of a tetradentate multisite coordinating compartmental ligand, i.e., (E)-2methoxy-6-(((pyridine-2-ylmethyl)imino)methyl)phenol, in the presence of LnCl 3 •6H 2 O and Zn(OAc) 2 •2H 2 O.The detailed studies involve mainly synthesis, structure, and magnetic properties of three isostructural cocrystals. The X-ray diffraction analysis reveals that complexes 1−3 crystallize in triclinic crystal system with the P1̅ space group. The dimeric [Zn 2 Cl 4 L] − complex appears as a cocrystal in the vicinity of the [LnZn 2 L 2 (CH 3 CO 2 ) 4 ] + crystal structure to counter balance the overall charge on the primary coordination sphere. Magnetic relaxation studies indicate that zero-field out-of-phase magnetic susceptibility signals are observed only for complex 3 (Dy III analogue) which gets well resolved in the presence of a H dc = 0.5 kOe magnetic field. The extracted effective energy barrier (U eff ) and pre-exponential factor (τ 0 ) for 3 is found to be 13.53 K and 1.78 × 10 −6 s, respectively. The appearance of single-ion magnet properties for 3 is rationalized with CASSCF/SO-RASSI/SINGLE_ANISO based ab initio calculations.