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78 Fort Place

New York NY 10301

32130 sq. ft.
Land
Currently for sale - view listing

Overview

Exceptional development and repositioning opportunity in the St. George section of Staten Island. The property consists of an existing building offering significant potential for renovation, reconfiguration, and residential redevelopment. The property is being positioned for a proposed 68-unit residential configuration, creating an opportunity for an investor or developer to pursue multiple exit strategies, including condominium conversion and individual unit sales or renovation and retention as a multifamily rental asset. The proposed redevelopment provides substantial flexibility for a value-add strategy, allowing the purchaser to evaluate the existing structure, optimize the residential layout and unit mix, modernize the building, and potentially create a stabilized income-producing asset.

Features

32130 sq. ft. lot size
Land

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 land plots in New York

In the last 12 months, 10 land plots similar to 78 Fort Place, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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