40 Wards Point Ave Staten Island, NY 10306
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 40 Wards Point Ave
- Property type
- Commercial real estate
Description
This exceptional 145,979 square foot waterfront property in Staten Island, NY, presents a unique development opportunity. Located at 40 Wards Point Avenue, 10306, this lot boasts a stunning beachfront location with an elevation of 54 feet above the floodplain, offering peace of mind and breathtaking views. The property features existing city sewer and a robust 400-amp electric service, simplifying the development process. Zoned R1-2 SRD, the land is ideally suited for constructing a substantial residence or multiple homes. Approved plans are available for a luxurious 9,000+ square foot home, encompassing 5 bedrooms and 7 bathrooms, designed for both relaxation and entertainment. Alternatively, the property can be purchased as "land only," allowing for flexible development options, potentially accommodating two or three homes. Conveniently located less than an hour from Manhattan and Brooklyn via car or public transportation, this property offers the perfect blend of tranquil coastal living and easy access to city amenities. Buyers should consult with their architect regarding the new City of Yes zoning reform. The asking price is $2,250,000. A $10,000 bonus is offered to the buyer's agent.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Staten Island
- County
- Staten Island
- State
- New York
- Longitude
- -74.1298684
- Latitude
- 40.5729336
