An exceptional opportunity to acquire a 50' x 85' double lot in the heart of St. George, Staten Island, combining immediate rental income with substantial commercial and redevelopment potential. The property consists of two 25' x 85' lots, totaling approximately 4,250 square feet of land, and currently features a single-family home on existing property & Income per month. 1st Floor: Entry Foyer, Kit, Liv. Rm, Entry to 2nd lot section, 2nd Floor: Large MBR, Full Bath, 3rd Floor: 2 BR, finished basement with extra room, bathroom, utility and dual entry, 2nd Lot a dedicated office space with loft, Drive-through garage providing convenient rear-yard access. Strong potential for investors seeking an income-producing asset while exploring future redevelopment. The property is located in a C4-2 commercial zoning district, Mixed-use or other redevelopment concepts offering a range of potential for commercial, community-facility (Medical, Educational professional or nonprofit facilities) uses. Subject to confirmation of permitted uses, bulk, parking, and other applicable requirements. The property's 50-foot frontage lot area provide a particularly attractive canvas for an investor or developer evaluating future redevelopment. Situated in North Shore highly accessible St. George location, the property is positioned near one of Staten Island's most important transportation and civic hubs. The location offers convenient access to Staten Island Ferry, providing free service to Lower Manhattan, Staten Island Railway and local/express bus connections, Empire Outlets, Richmond County Bank Ballpark, Restaurants, shops, and neighborhood amenities, Downtown St. George's growing commercial and residential activity. Property presents an opportunity for an investor, owner-user, or developer looking to participate in the continued growth of Staten Island's North Shore. Prospective buyers should due diligence independently verify zoning, permitted uses, development rights, and requirements
Based on the average sale price from the Staten Island, NY office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
119 - 121 Montgomery Avenue Staten Island, NY is a Single Family Home for sale at $988000 with 1620 sqft and a lot size of 0.1 Acres Acre(s). 119 - 121 Montgomery Avenue Staten Island has 3 bedrooms, 2 baths and was built in 1930. The property's zip code is 10301 which is in Staten Island, NY
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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