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$473,000

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0 N Railroad St, Staten Island, NY 10312

💰 Galleon homeowners save an average of $30,000 by selling direct.


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Bedrooms

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Baths

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0

Sqft

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0.16

Acres

About this home

Exceptional investment opportunity awaits in this prime Staten Island location. A rare buildable lot in the coveted Annadale neighborhood presents unlimited potential under the new Transit Oriented District designation. This strategically positioned parcel spans 0.16 acres and offers the versatility to construct a lucrative three-story apartment building or explore other residential possibilities including multi-family dwellings or an impressive single-family residence.

Situated in a thriving community, this property's location is nothing short of ideal. The surrounding area boasts convenient access to shopping destinations, verdant parks, and efficient public transportation options. Under the progressive City of Yes zoning regulations, this R3X-zoned lot unlocks remarkable development potential, allowing for structures up to 35 feet in height. The property's position within the Special South Richmond Development District adds another layer of value to this compelling investment opportunity. Future development possibilities include residential or community facilities, with the flexibility to orient the structure toward either Belfield Ave or North Railroad St.

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Reference to savings is based on the average price of Galleon home properties or a potential listing price and traditional agent commissions of 6%

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