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54 Kreischer St 1.03 Acres of Commercial Land Offered at $2,000,000 in Staten Island, NY 10309

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INVESTMENT HIGHLIGHTS

  • Five parcels include landmarked homes for added income potential
  • Excellent access to major highways and regional connectors
  • Offered AS-IS in a prime Staten Island development corridor
  • Over 45,000 sq. ft. ideal for retail, manufacturing, or hotel

EXECUTIVE SUMMARY

Welcome to Kreischer St development! Six properties in M1-1 zoning/SRD district combine to offer over 45,000 square feet of M1-1 land that is prime for high density retail, manufacturing, and/or hotel development! An investor can refurbish the 8 land-marked houses to not only generate additional investment income, but also preserve a piece of history as well. This prime location provides convenient access to the Korean War Veterans Parkway, the West Shore Expressway, the Staten Island Expressway, the Outerbridge Crossing, the New Jersey Turnpike and the Garden State Parkway, as well as access to nearby public transportation, making it a highly desirable location.
5 out of the 6 properties have 'landmark' status on the homes located on those properties. Said status is only on the homes, not the land itself. Taxes and square footage are of all 6 separate tax lots combined, but are all billed separately. The property is being sold AS-IS. DO NOT ENTER THE PROPERTY/LAND/HOMES FOR ANY REASON WITHOUT THE LISTING AGENT & OWNERS PRESENT. OWNERS WILL PROSECUTE TRESPASSING TO THE FULLEST EXTENT OF THE LAW.

PROPERTY FACTS

Price $2,000,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.03 AC
Zoning M1-1 - Districts occupy the middle ground between light and heavy industrial areas

1 LOT AVAILABLE

Lot

Price $2,000,000
Price Per AC $1,935,999.72
Lot Size 1.03 AC

DESCRIPTION

Welcome to Kreischer Street Development – A Rare Staten Island Opportunity! This exceptional assemblage of six tax lots in the M1-1 zoning/SRD district offers over 45,000 square feet of prime land, perfectly suited for high-density retail, manufacturing, or hotel development. Investors have the unique advantage of refurbishing eight landmarked homes located on five of the parcels, creating additional income streams while preserving a piece of Staten Island’s rich history. Strategically positioned for connectivity, the site provides seamless access to major thoroughfares including the Korean War Veterans Parkway, West Shore Expressway, Staten Island Expressway, Outerbridge Crossing, New Jersey Turnpike, and Garden State Parkway. Public transportation options nearby further enhance accessibility, making this location highly desirable for future development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07590-0001
Land Assessment
$40,050
Improvements Assessment
$14,400
Total Assessment
$54,450
  • Listing ID: 35481477

  • Date on Market: 4/14/2025

  • Last Updated:

  • Address: 54 Kreischer St, Staten Island, NY 10309

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