12 Van Duzer ST new

Staten Island,NY 10301

$ 1100000

- Bed

0 Bath

3750 SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $293

MLS Listing ID 2503445

Annual Tax Amount $3,170

Lot Size 3,750 Sqft

Acres 0.09

Lot Dimensions 25x150

Property Sub-Type Residential

Source Staten Island Multiple Listing Service

Property Description

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
.

Location

State NY

County Richmond

Area St. George

Zoning C2-1

Building

Sewer City

Others

Tax ID 00569-0055

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