78 Fort PL, Staten Island, NY 10301
78 Fort PL, Staten Island, NY 10301
78 Fort PL, Staten Island, NY 10301
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$7,500,000
Est. payment /mo
32,130 SqFt
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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 32,130 sqft

Price per Sqft $233

MLS Listing ID 2604582

Annual Tax Amount $133,051

Lot Size 0.738 Acres

Acres 0.74

Lot Dimensions 153X210

Property Sub-Type Residential

Source Staten Island Multiple Listing Service

Property Description

Exceptional development and repositioning opportunity in the St. George section of Staten Island. The property consists of an existing building offering significant potential for renovation, reconfiguration, and residential redevelopment. The property is being positioned for a proposed 68-unit residential configuration, creating an opportunity for an investor or developer to pursue multiple exit strategies, including condominium conversion and individual unit sales or renovation and retention as a multifamily rental asset. The proposed redevelopment provides substantial flexibility for a value-add strategy, allowing the purchaser to evaluate the existing structure, optimize the residential layout and unit mix, modernize the building, and potentially create a stabilized income-producing asset.

Location

State NY

County Richmond

Area St. George

Zoning R3A

Building

Sewer Public Sewer

Others

Tax ID 10301

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Listed ByJM Properties
Nearby Locations

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Hal Blake
Hal Blake

Broker | License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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