62 - 66 Willis Avenue - 161,745 SF Development Site, Bronx, NY

Sale Notes:
62-66 Willis Avenue is a development site located adjacent to the Willis Avenue Bridge in the Port Morris/Mott Haven section of The Bronx. The 30,000 square foot lot lies within the Port Morris Special Mixed-Use District, a five-block area along Bruckner Boulevard which has successfully reinvented itself as a dynamic neighborhood with emerging businesses, revitalized residential and retail spaces, as well as new development projects. The property is also within walking distance to the The Randall’s Island Connector, a quarter-mile, landscaped pathway for pedestrians and bicyclists that will connect a railyard in Port Morris with 400 scenic acres of Randall’s Island. This particular property is zoned for a variety of end users, including residential, retail, mixed use and industrial. While current ownership has plans in place for a three-tower development project with 218 residential units, the as of right total buildable square feet is approximately 147,000 for commercial development and 162,000 for residential development. In addition, for quality housing, the total buildable potential would be 193,000. The site’s location and size offers developers an opportunity to gain a foothold in one of New York City’s most rapidly changing neighborhoods. Please contact our sales team for more information.