Excellent residential development opportunity that has tremendous potential with
77’ of frontage on Teller Avenue in the booming Bronx. The site allows for 26,378 SF of development rights, as-of-right. Located a few blocks from the 167th Street station off the B/D train and nearby several bus stops, this vacant lot is situated in Morrisania. Over the last few years, the South Bronx has experienced a renaissance, with major companies like Treetop Development, Somerset Partners, the Chetrit Group, and JCAL Development Group investing in the area. This is the perfect opportunity for a developer to invest in an area of the Bronx that has huge upside potential.