A unique opportunity to own a shovel-ready mixed-use development site PLUS an additional buildable lot for a 2 family detached home—all located in the highly desirable St. George neighborhood of Staten Island. This site has everything in place for fast and efficient development with outstanding long-term returns.
Primary Development Site:
* 25′ x 75 approved to build a 10-family mixed-use elevator building with commercial space
* No underpinning required – rear foundation already in place, simplifying the build process
* Large 1-bedroom units designed for optimal layout and rental appeal
* Projected rent: $2,500/month per apartment = $25,000/month residential income
* Ground-floor retail space with an estimated $4,000/month rental income
* Total potential gross income: $29,000/month
Residential Lot:
* Separate buildable lot included in the sale
* Ideal for a detached 2 family family home, owner-occupancy, or additional rental stream
* Offers flexibility and added value for developers or end users
Site & Area Advantages:
* Located in a federally designated Opportunity Zone * potential for 35-year tax abatement
* Steps to the Staten Island Ferry – 25-minute free ride to Manhattan
* Across from a major transit hub, ensuring constant foot traffic for the commercial space
* Close to Empire Outlets, Bay Street Landing, top-rated restaurants, and new luxury waterfront developments
* 1,000+ new residential units coming to the neighborhood, driving continued growth and demand
* Short walk to the local police precinct and community services
Investor Highlights:
* Plans and DEP approvals being processed – will be delivered approved
* Immediate rental potential of up to $348,000 annually
* Significant appreciation potential in one of NYC’s most affordable and fast-rising markets .
Address: 12 Van Duzer Street, Staten Island, NY 10301
Amazing Opportunity in the ''City of Yes''. 125 x 176 Lot with plans for 3 Oversized Two F ...
Amazing Opportunity in the ''City of Yes''. 125 x 176 Lot with plans for 3 Oversized Two Family 7/7 Style Homes. This lot is septic, consult your architect. 202 ...
NEW BUILDING RULE GUIDELINES, UPDATED DIMENSIONS 84 SQ. FT. BY 60 SQ. FT. CAN BE APPROVED ...
NEW BUILDING RULE GUIDELINES, UPDATED DIMENSIONS 84 SQ. FT. BY 60 SQ. FT. CAN BE APPROVED FOR 6,000 SQ. FT. 1 FAMILY RESIDENCE, APPROVAL TIME ESTIMATED 6 MONTHS ...
Check with your architect. Pictures are for illustration only... but Think out of the box ...
Check with your architect. Pictures are for illustration only... but Think out of the box and build your dream home ... or two dream homes on this 26,000 sq. ft ...