The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity in Fordham. 2525 Morris Avenue is situated right off St. James Park on the corner of Morris Avenue and East 190th Street. The building spans 56,455 square feet and comprises 58 residential units. This corner walk-up building has been owned and operated by the same family for over 20 years and shall consist of 1 studio, 19 one- bedroom, 28 two-bedroom, 9 three-bedroom and one four-bedroom apartments. This offers investors a unique opportunity to acquire a legacy asset in a highly desirable submarket of North Bronx, with future rental upside from a $303,298 annual preferential rent delta between actual and DHCR-registered rents. 2525 Morris Avenue is conveniently located a few steps from St. James Park, Monroe University, and the Fordham B & D Trains.