Commercial For Sale - Unimproved Land
$2,995,000

Size

Exterior
20,000 Sq Ft

Financial

Price
$2,995,000
Annual Taxes
$22,035

Listing Details

Sale or Lease
Sale

Description

14 Prospect Street, Staten Island, NY 10304

Rarely available 20,000 SF development parcel in the heart of Stapleton's waterfront district, steps from Staten Island Urby and the Staten Island Railway. Zoned C4 2A, the site offers exceptional flexibility for a mixed use development project. The property currently contains a 1,128 SF warehouse which is rented along with the lot providing a buyer with cash flow to offset carrying costs while pursuing entitlements. The lot's deep, linear footprint also makes it a natural assemblage candidate for adjacent development sites. The Stapleton station of the Staten Island Railway is a 1 minute walk, connecting to the free Staten Island Ferry and Fast Ferry. The property sits immediately adjacent to Urby featuring 571 apartments at 97.5 occupancy providing a built in proof of demand that few outer borough development sites can point to. The surrounding neighborhood is actively transforming: the NYCEDC's New Stapleton Waterfront Initiative is delivering 2,100 plus mixed-income residential units and 12 acres of public open space, while the Bay Street Corridor Rezoning has unlocked nearly 2,736 new units across the North Shore corridor. The site is also a Qualified Opportunity Zone, offering significant federal tax incentives for eligible investors.

Features

Features will be added soon.

14 Prospect Street, Staten Island, NY 10304

Listing Office: Prereal Prendamano Real Estate