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255 York Ave

New York NY 10301

2745 sq. ft.
Single-Family
Currently for sale - view listing

Overview

255 York Avenue, Staten Island, NY 10301 - R5 zone - Six-Unit Residential Development Opportunity An excellent opportunity to acquire a multi-family residential development site in New Brighton, in a Federal Economic Qualified Opportunity Zone offering exceptional tax incentives. The site also qualifies for the NYC 485-x Affordable Neighborhoods for New Yorkers property-tax exemption. Zoning allows for up to a six-unit residential building. The property is within 3/4 of a mile of the Staten Island Ferry, as well as from several transformative public and private investments, including the completed $200 million Lighthouse Point development, featuring 115 residences and approximately 60,000 square feet of commercial space; Empire Outlets; and the City's planned redevelopment of the former New York Wheel and Empire Outlets waterfront sites, with new housing, retail, community facilities, and public open space. The broader area also benefits from the Bay Street Corridor Neighborhood Plan, which is projected to add approximately 2,560 residences, along with new commercial and community-facility space. Additional North Shore initiatives include more than $400 million in public investment, an envisioned 20-acre continuous waterfront esplanade, and ongoing infrastructure and open-space construction at the New Stapleton Waterfront. 255 York Avenue offers developers and investors the opportunity to participate in the continued growth of Staten Island's downtown and North Shore communities. Concept renderings and site plan are provided solely for marketing and feasibility purposes. The property is offered as-is. Consult with your architect. Zoning Analysis and Survey provided.

Features

2745 sq. ft. lot size
Single-Family

Happy sellers in New York

92%
92% 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 5 reviews in New York over the last 12 months.

Local market activity for single-family properties in New York

In the last 12 months, 95 single-family properties similar to 255 York Ave, have been sold.

This represents a 21% increase in single-family properties sales when compared to the previous 12 months.

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