$8,200,000
381 Arbutus Avenue
Staten Island, NY 10312
MLS# 2500664



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Property Description
Unlock the Potential of Waterfront Living! Explore the exciting new possibilities introduced by the City of Yes initiative—consult with your architect today, this property could be a gold mine. This expansive R3-2 zoned waterfront property spans 53,707 square feet, offering a rare opportunity for development in a prime location. Utilities are available in the street, making the path to development even smoother. Just a short walk to schools and public transit, this site is perfectly positioned for convenience and growth. Don't miss your chance to maximize this exceptional development opportunity! Current zoning allows residential developments on sites with DOS to modify bulk to provide a usable yard area and buildable area without needing to alter the DOS. Issues: CPC review is required for all sites that contain DOS even if DOS isn't being altered, which adds additional time and costs for a property owner, or is serving an intended use such as DEP Bluebelts. In addition, more precise mapping has identified locations where DOS was unintentionally mapped over existing buildings and developed properties or within built out streets, that do not meet the goals of the Open Space Network. To ensure future developments have buildable area outside of the DOS, CPC review and best practice results in required yards to be measured outside of the DOS; however this is not codified in the zoning.

Details
Maps
Address/Legal
Section: South Shore
Country: United States
Contract/Location Information
List Price/SqFt: 152.68
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Taxes: 9883.8
Tax Abated: No
Lot Size SqFt: 53707
Lot Dim: 280x150
Irregular: No
Raw Land: Yes
Septic Approval: No
Gas Available: Yes
Electric Available: Yes
Survey: Yes
Public Remarks: Unlock the Potential of Waterfront Living! Explore the exciting new possibilities introduced by the City of Yes initiative—consult with your architect today, this property could be a gold mine. This expansive R3-2 zoned waterfront property spans 53,707 square feet, offering a rare opportunity for development in a prime location. Utilities are available in the street, making the path to development even smoother. Just a short walk to schools and public transit, this site is perfectly positioned for convenience and growth. Don't miss your chance to maximize this exceptional development opportunity! Current zoning allows residential developments on sites with DOS to modify bulk to provide a usable yard area and buildable area without needing to alter the DOS. Issues: CPC review is required for all sites that contain DOS even if DOS isn't being altered, which adds additional time and costs for a property owner, or is serving an intended use such as DEP Bluebelts. In addition, more precise mapping has identified locations where DOS was unintentionally mapped over existing buildings and developed properties or within built out streets, that do not meet the goals of the Open Space Network. To ensure future developments have buildable area outside of the DOS, CPC review and best practice results in required yards to be measured outside of the DOS; however this is not codified in the zoning.
Sewer
City: 1
Use Restrictions
South Richmond District: 1
Showing Instructions
Call Agent: 1
AddressLegal
Street No.: 381
Street Name: Arbutus
Street Suffix: Avenue
County: Richmond
State: NY
Zip Code: 10312
Area Name: Huguenot
Parcel ID: 00647-0500
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-02-07
List Price: $8,200,000
Current Price: $8,200,000
Sub-Type: Residential
Zoning: R-3-2
Block: 00647
Lot: 0500
Property Features
Use Restrictions: South Richmond District
Showing Instructions: Call Agent

Listing Courtesy of JM Properties

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.