120 Victory Boulevard
Staten Island, NY, 10301 $ 2,450,000
Baths0.0 Sq 10,700 Monthly Estimate*
$ 17,114
Studio
for $2,450,000. This 10,700 square foot building was built in 1939 on a lot size of 0.34.
Welcome to an unparalleled investment opportunity in the heart of the city! This historic commercial building, situated on a bustling high-traffic street, is now available for sale, presenting an ideal prospect for entrepreneurs and investors alike. Steeped in a rich history dating back to its construction in 1939, this two-story gem exudes timeless charm and character. The property's expansive lot spans 15,000 square feet, boasting dimensions of 200 ft x 75 ft. This generous lot size provides ample space for outdoor amenities, expansion, or potential future developments. With a ground elevation of 99 ft, the property not only offers a commanding presence but also provides a vantage point that enhances visibility. Zoning versatility is a key feature, with the property falling under multiple districts, including R5, C2-1, and HS. This diverse zoning allows for a range of development options, catering to both residential and commercial purposes. The Residential Floor Area Ratio (FAR) of 1.25 indicates the potential for residential development, while the Facility FAR of 2 opens up opportunities for commercial or institutional use. The current building's FAR as built stands at 0.71, utilizing a portion of the maximum allowable floor area. With a maximum usable floor area of 18,750 square feet, there is significant untapped potential for expansion or redevelopment. The usable floor area as built is currently 10,650 square feet, leaving 8,100 square feet of unused FAR, providing the perfect canvas for customization and future growth. This unique combination of a historic building with substantial unused development rights, coupled with a strategically located and generously sized lot, makes this property an extraordinary investment opportunity. Explore the possibilities, capitalize on the available square footage, and make your mark in this prime location. Contact us today to discover how this property can be the foundation for your vision and success.
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FeaturesGeneralSewer City
Heating Forced Air Natural Gas
Zoning C2-1
Year Built 1939
Electric 220 Volts
Property SubType Commercial
County Richmond
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type Commercial Sale
Status Pending
City Staten Island
View Y/N N
MLS Area St. George
Lot Size Square Feet 15000.0
Carport Y/N N
Street Name Victory
Year Built Details Approx
Land Lease Y/N N
Tax Annual Amount 51558.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor St. George
Additional Parcels Y/N N
Leasable Area 10700.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Lot 0097
Senior Community None
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ExteriorParking Features Street
Total Parking 0.0
Condition Excellent
Lot Size Area 15000.0
Number of Buildings 1
Spa N
Building Area Total 10700.0
Lot Dimensions 134x50
Lot Size Acres 0.34
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
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* Excluded FeaturesList ByChristine DeHartListing Agent
Salmon Realty GroupBroker
christine@salmonrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,114
- Monthly Property Taxes
- $4,297
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Staten Island, NY
Average List Price $1,387,349
Percent of Sale Price 43%
About Staten Island, NY 479,791 Population
8% Since 2002
$ 75,194 Median Income
40.37 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
1980392 Elementary School
1980393 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/13/2023 | $2,450,000 | | Listed Price |