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Executive Summary
Property Facts
| Price | $2,995,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 0.46 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | C4-2A | ||
| Price | $2,995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.46 AC |
| Opportunity Zone |
Yes |
| Zoning | C4-2A |
1 Lot Available
Lot 0029
| Price | $2,995,000 | Lot Size | 0.46 AC |
| Price Per AC | $6,523,107.48 |
| Price | $2,995,000 |
| Price Per AC | $6,523,107.48 |
| Lot Size | 0.46 AC |
Description
Rarely available 20,000 SF development parcel in the heart of Stapleton's waterfront district, steps from Staten Island Urby and the Staten Island Railway. Zoned C4-2A, the site offers exceptional flexibility for a mixed-use development project. The property currently contains a 1,128 SF warehouse which is rented along with the lot providing a buyer with cash flow to offset carrying costs while pursuing entitlements. The lot's deep, linear footprint also makes it a natural assemblage candidate for adjacent development sites. The Stapleton station of the Staten Island Railway is a 1 minute walk, connecting to the free Staten Island Ferry and Fast Ferry. The property sits immediately adjacent to Urby featuring 571 apartments at 97.5% occupancy providing a built-in proof of demand that few outer-borough development sites can point to. The surrounding neighborhood is actively transforming: the NYCEDC's New Stapleton Waterfront Initiative is delivering 2,100+ mixed-income residential units and 12 acres of public open space, while the Bay Street Corridor Rezoning has unlocked nearly 2,736 new units across the North Shore corridor. The site is also a Qualified Opportunity Zone, offering significant federal tax incentives for eligible investors.
Presented by
14 Prospect St
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