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381 ARBUTUS AVE Arbutus Ave - ARBUTUS LAKE PROPERTY 1.23 Acres of Residential Land Offered at $5,500,000 in Staten Island, NY 10312

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EXECUTIVE SUMMARY

Introducing 381 Arbutus Avenue - an exceptional investment opportunity nestled in the heart of Staten Island. Boasting an expansive lot spanning 53,707 sqft and offering breathtaking waterfront views, this property is a rare gem. Zoned R3-2 (LOW DENSITY RESIDENTIAL), it opens doors to a myriad of development prospects, from low-rise attached houses to small multi-family apartment complexes and detached residences. Located in the coveted Annadale neighborhood, residents will relish in the perfect blend of serenity and accessibility. With close proximity to essential amenities, including shopping, dining, and recreational facilities, this property epitomizes convenience. For astute investors seeking to capitalize on the allure of waterfront luxury living, 381 Arbutus Avenue presents an unparalleled opportunity. Don't miss your chance to shape the future of this prime real estate and reap the rewards of a visionary investment. Consult with your architect.

PROPERTY FACTS

Price $5,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
  • Planned Unit Development
Total Lot Size 1.23 AC
Cross Streets HYLAN BLVD
Zoning R3-2 - Low-rise attached houses, Small multifamily apartment houses, Detached and semi-detached one- and two-family residences, and Community facility uses.

1 LOT AVAILABLE

Lot

Price $5,500,000
Price Per AC $4,460,954.48
Lot Size 1.23 AC

Expansive lot spanning 53,707 sqft and offering breathtaking waterfront views, this property is a rare gem. Zoned R3-2 (LOW DENSITY RESIDENTIAL)it opens doors to a myriad of development prospects.

  • Listing ID: 34767260

  • Date on Market: 2/8/2025

  • Last Updated:

  • Address: 381 ARBUTUS AVE Arbutus Ave, Staten Island, NY 10312

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