Located just two blocks from Broadway and 36th Ave N/W train stations — only 10 minutes to Midtown Manhattan! This property offers the perfect opportunity to make it your own, with plenty of room for expansion or development into a condo building. Currently the lot/site hosts a Detached Single-Family Home with 3-Car Garage occupied by month-to-month tenants, providing an annual short term income of $55k while planning for re-development also making it easier to finance with a lower cash down-payment requirement and potential better interest rate and terms. Can be delivered Vacant! LOW PROPERTY TAXES only $5,900 PER YEAR. Zoning Information: -Previous/Old Zoning: 25'x100' lot - R5 infill (FAR 1.65). -New Zoning: Additional air rights available under the “City of Yes” zoning regulations (FAR 2) Buyers must perform their own due diligence to confirm applicability. Current rental income: approximately $55,000/year. Fully rented on a month-to-month basis, providing flexibility for the buyer. Whether you are looking to gut renovate or build a new building, this property is perfect! Enjoy great tenants on a month-to-month basis and collect rental income until plans are approved and construction is ready to start. Alternatively, the property can be delivered vacant upon request. Disclosures: The listing broker is also a part owner of the property.