Calling all developers! Morris Heights development opportunity with potential to build a 32-40 unit apartment building. Together with 2076 Morris Ave Lot is 50' x 100' with R8 zoning and a max res. FAR of 6.1, allowing for over 30,000 buildable sq ft. Great for a building. There is an existing multi-family structure on the property that is sold as is with the lot. An excellent location 1 block from Grand Concourse and major shopping. Close to subway train #B, D & 4. Close to buses Bx1,2,32,36,40,42. An excellent investment opportunity! Projected Net operating income of over to $650,000 on the finished building!
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