$2,099,000
Staten Island, NY 10304
MLS# 2504760
Status: Pending
1 / 7
Property Description
Prime Development Opportunity in Dongan Hills Colony — 24,780 SF Lot Approved for 4 Custom Homes Located in the highly desirable Dongan Hills Colony neighborhood, this 24,780 square foot lot presents an exceptional development opportunity. Originally approved in 2022 for four homes, this site is perfectly positioned amid multi-million-dollar estates and offers convenient access to the Verrazano-Narrows Bridge for an easy commute to Manhattan and beyond. The current owner/builder, due to a serious health condition, is unable to continue the project. While the permits have expired, they can be reinstated, offering a fresh start for a motivated developer or builder. With the recent implementation of the City of Yes initiative, there is potential to amend the plans to build larger homes up to approximately 3,900 square feet each with an estimated resale value of around $2.2 million per home. This rare parcel combines a prime location, strong development potential, and an established neighborhood of luxury homes, making it an ideal investment for those looking to capitalize on Staten Island's flourishing market. A unique chance to build premium residences in one of Staten Island's most sought-after enclaves.
Details
Maps
Address/Legal
Section: Mid-Island
Country: United States
Contract/Location Information
List Price/SqFt: 84.68
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Taxes: 8889
Tax Abated: No
Lot Size SqFt: 24786
Lot Dim: 125x198
Irregular: No
Gas Available: Yes
Electric Available: Yes
Survey: Yes
Public Remarks: Prime Development Opportunity in Dongan Hills Colony — 24,780 SF Lot Approved for 4 Custom Homes
Located in the highly desirable Dongan Hills Colony neighborhood, this 24,780 square foot lot presents an exceptional development opportunity. Originally approved in 2022 for four homes, this site is perfectly positioned amid multi-million-dollar estates and offers convenient access to the Verrazano-Narrows Bridge for an easy commute to Manhattan and beyond.
The current owner/builder, due to a serious health condition, is unable to continue the project. While the permits have expired, they can be reinstated, offering a fresh start for a motivated developer or builder. With the recent implementation of the City of Yes initiative, there is potential to amend the plans to build larger homes up to approximately 3,900 square feet each with an estimated resale value of around $2.2 million per home.
This rare parcel combines a prime location, strong development potential, and an established neighborhood of luxury homes, making it an ideal investment for those looking to capitalize on Staten Island's flourishing market.
A unique chance to build premium residences in one of Staten Island's most sought-after enclaves.
Status Change Info
Projected Close Date: 2025-12-22
Pending Date: 2025-10-22
Sewer
City: 1
Plans Approved For
1D: 1
Showing Instructions
Call Agent: 1
AddressLegal
Street No.: 14
Street Name: Eltinge
Street Suffix: Street
County: Richmond
State: NY
Zip Code: 10304
Area Name: Dongan Hills Colony
Parcel ID: 00845-0016
ContractLocation Information
Status: Pending
Marketing/Listing Date: 2025-08-13
List Price: $2,099,000
Current Price: $2,099,000
Sub-Type: Residential
Zoning: R1-2
Block: 00845
Lot: 0016
Property Features
Plans Approved For: 1D
Showing Instructions: Call Agent
Listing Courtesy of Homes R Us Realty of NY, Inc.
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.