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381 Arbutus Avenue, Staten Island, NY 10312

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For Sale

$6,100,000

1.23 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1.2 acres
    Lot size

Explore this Property

Unlock the Potential of Waterfront Living! Explore the exciting new possibilities introduced by the City of Yes initiative consult with your architect today, this property could be a gold mine. This expansive R3-2 zoned waterfront property spans 53,707 square feet, offering a rare opportunity for development in a prime location. Utilities are available in the street, making the path to development even smoother. Just a short walk to schools and public transit, this site is perfectly positioned for convenience and growth. Don't miss your chance to maximize this exceptional development opportunity! Current zoning allows residential developments on sites with DOS to modify bulk to provide a usable yard area and buildable area without needing to alter the DOS. Issues: CPC review is required for all sites that contain DOS even if DOS isn't being altered, which adds additional time and costs for a property owner, or is serving an intended use such as DEP Bluebelts. In addition, more precise mapping has identified locations where DOS was unintentionally mapped over existing buildings and developed properties or within built out streets, that do not meet the goals of the Open Space Network. To ensure future developments have buildable area outside of the DOS, CPC review and best practice results in required yards to be measured outside of the DOS; however this is not codified in the zoning.
MLS# 2500664

Courtesy Of jm properties

(718) 524-6673

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.23 Acres

Home seller CENTURY 21 Realty First

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty First

(718) 758-5838
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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