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12 Van Duzer St

New York NY 10301

3750 sq. ft.
Land
Currently for sale - view listing

Overview

A unique opportunity to own a shovel-ready mixed-use development site PLUS an additional buildable lot for a 2 family detached home—all located in the highly desirable St. George neighborhood of Staten Island. This site has everything in place for fast and efficient development with outstanding long-term returns. Primary Development Site: * 25' x 75 approved to build a 10-family mixed-use elevator building with commercial space * No underpinning required - rear foundation already in place, simplifying the build process * Large 1-bedroom units designed for optimal layout and rental appeal * Projected rent: $2,500/month per apartment = $25,000/month residential income * Ground-floor retail space with an estimated $4,000/month rental income * Total potential gross income: $29,000/month Residential Lot: * Separate buildable lot included in the sale * Ideal for a detached 2 family family home, owner-occupancy, or additional rental stream * Offers flexibility and added value for developers or end users Site & Area Advantages: * Located in a federally designated Opportunity Zone * potential for 35-year tax abatement * Steps to the Staten Island Ferry - 25-minute free ride to Manhattan * Across from a major transit hub, ensuring constant foot traffic for the commercial space * Close to Empire Outlets, Bay Street Landing, top-rated restaurants, and new luxury waterfront developments * 1,000+ new residential units coming to the neighborhood, driving continued growth and demand * Short walk to the local police precinct and community services Investor Highlights: * Plans and DEP approvals being processed - will be delivered approved * Immediate rental potential of up to $348,000 annually * Significant appreciation potential in one of NYC's most affordable and fast-rising markets
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Features

3750 sq. ft. lot size
Land

Happy sellers in New York

94%
94% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in New York over the last 12 months.

Local market activity for land plots in New York

In the last 12 months, 11 land plots similar to 12 Van Duzer St, have been sold.

This represents a 42% decrease in land plots sales when compared to the previous 12 months.

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