673 187th St New York, NY 10033

This exceptional 2,373 square foot development site, located at 673 W 187th St, New York, NY 10033, presents a unique investment opportunity. Zoned R7-2 and C2-4, the property boasts approved plans for a six-story residential building encompassing 8,665 square feet and twelve units, complete with an elevator. The site measures 25 feet wide by 94.92 feet deep, offering significant potential for a high-density residential project. Its strategic location in a Qualified Opportunity Zone provides substantial tax advantages. Conveniently situated just a short distance from the 1 train at 191st Street and the A train at 181st Street, the property enjoys excellent public transportation access. Furthermore, its proximity to Yeshiva University, The Milstein Hospital Building, and New York-Presbyterian Medical Center ensures high demand and strong rental potential. The approved plans are available for review upon request, allowing for a streamlined development process. This is an exceptional opportunity to capitalize on the thriving Washington Heights real estate market. The asking price for this remarkable development site is $1,550,000.