12 Van Duzer ST Staten Island, NY 10301
UPDATED:
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
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
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
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