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    118 Grimsby St Staten Island, NY 10306

    Sponsored
    For Sale
    $219,000

    Prime Vacant Land, Midland Beach

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents 3,800 square feet of vacant land ideally situated in the desirable Midland Beach neighborhood of Staten Island, New York. Located at 118 Grimsby Street, zip code 10306, this property consists of two separate lots (Block 3796, Lots 11 & 12), each measuring 20' x 95', totaling 40' x 95'. The asking price is $219,000, and cash offers only are being considered, requiring proof of funds. This property is perfect for developers or investors seeking to build in a highly sought-after area. The convenient location offers easy access to local amenities, transportation, and the beautiful beaches of Midland Beach. The dimensions of the lots provide ample space for various development possibilities, making this a truly unique and attractive investment opportunity. Serious inquiries only. The property is zoned for residential use (verification of zoning regulations is recommended). This is a rare chance to acquire a sizable parcel of land in a prime Staten Island location. Don't miss out on this chance to secure your future investment.

    Property Features for 118 Grimsby St

    General Information

    Property type
    Land

    HighLights

    • 3,800 SF vacant land in desirable Midland Beach, Staten Island.
    • Located at 118 Grimsby Street, 10306; two lots (Block 3796, Lots 11 & 12), 40' x 95'.
    • Asking price: $219,000, cash offers only, proof of funds required.
    • Zoned residential (verify zoning).
    • Ideal for developers; ample space for various development possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Staten Island
    County
    Staten Island
    State
    New York
    Longitude
    -74.092845
    Latitude
    40.5751396

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    FAQs

    What type of property is this?
    Land - Prime Vacant Land, Midland Beach
    Where is this land located?
    The property is located at 118 Grimsby St Staten Island, NY.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: 3,800 SF vacant land in desirable Midland Beach, Staten Island.; Located at 118 Grimsby Street, 10306; two lots (Block 3796, Lots 11 & 12), 40' x 95'.; Asking price: $219,000, cash offers only, proof of funds required.
    Request Owner's contact information
    118 Grimsby St Staten Island, NY 10306
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    Staten Island, NY 10306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Grimsby St Staten Island, NY 10306
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