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$899,000
Est. payment /mo
21,700 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 21,700 sqft
Price per Sqft $41
MLS Listing ID 2605354
Annual Tax Amount $7,786
Lot Size 0.498 Acres
Acres 0.5
Lot Dimensions 100x150, 50x127
Property Sub-Type Residential
Source Staten Island Multiple Listing Service
Property Description
Over 21,000 square feet of prime real estate in the highly desirable Princess Bay area of Staten Island. Set among some of the Island's most distinguished and beautifully appointed newer residences, this expansive property presents an extraordinary opportunity to create something truly exceptional. Currently offered at the list price without approvals, the property includes an existing three-bedroom detached one-family residence in fair condition. The seller is presently pursuing approvals for two two-family homes, providing significant potential for future development. Please be advised upon approval, the owner may elect to develop the property or offer it for sale at a price greater than the current asking price. For those envisioning a private luxury residence, the expansive parcel offers the possibility of creating a magnificent custom home with generous grounds and the privacy increasingly sought after by today's discerning buyers. The existing home also presents an opportunity to modestly renovate and potentially generate rental income while plans and approvals are being pursued. The residence is serviced by gas, electric, oil heat, and public sewer. Surrounded by an enclave of elegant, higher-end homes and conveniently located near shopping, schools, transportation, parks, and major roadways, this exceptional property offers the rare combination of space, privacy, prestige, and development potential. Whether your vision is to build a distinguished private estate, pursue a thoughtfully planned residential development, or secure a compelling investment opportunity, this remarkable Princess Bay property deserves your attention. An opportunity to acquire substantial land in an established luxury residential setting — bring your vision and create something extraordinary. Survey available upon request. Subject to E&O.Buyer to conduct independent due diligence regarding zoning, approvals, permitted uses, development potential, and all applicable requirements.
Location
State NY
County Richmond
Area Princes Bay
Zoning R3X
Building
Sewer Public Sewer
Others
Tax ID 6742-0025
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Listed ByElite Homes & Estates LLC
Nearby Locations
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Hal Blake
Broker License ID: 10491210994
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