78 Fort Place, Staten Island, NY 10301 (MLS# 2604582)
Listing Courtesy of JM Properties
$7,500,000
Staten Island, NY 10301
MLS# 2604582
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Property Description
Exceptional development and repositioning opportunity in the St. George section of Staten Island. The property consists of an existing building offering significant potential for renovation, reconfiguration, and residential redevelopment. The property is being positioned for a proposed 68-unit residential configuration, creating an opportunity for an investor or developer to pursue multiple exit strategies, including condominium conversion and individual unit sales or renovation and retention as a multifamily rental asset. The proposed redevelopment provides substantial flexibility for a value-add strategy, allowing the purchaser to evaluate the existing structure, optimize the residential layout and unit mix, modernize the building, and potentially create a stabilized income-producing asset.
Details
Maps
AddressLegal
Street No.: 78
Street Name: Fort
Street Suffix: Place
County: Richmond
State: NY
Zip Code: 10301
Area Name: St. George
Parcel ID: 10301
ContractLocation Information
Status: Active
Marketing/Listing Date: 2026-08-14
List Price: $7,500,000
Current Price: $7,500,000
Sub-Type: Residential
Zoning: R3A
Block: 0026
Lot: 0021
General Property Info
Taxes: 133051
Tax Abated: No
Lot Size SqFt: 32130
Lot Dim: 153X210
Irregular: Yes
Bldg Approved: No
Gas Available: Yes
Electric Available: Yes
Survey: Yes
Public Remarks: Exceptional development and repositioning opportunity in the St. George section of Staten Island. The property consists of an existing building offering significant potential for renovation, reconfiguration, and residential redevelopment. The property is being positioned for a proposed 68-unit residential configuration, creating an opportunity for an investor or developer to pursue multiple exit strategies, including condominium conversion and individual unit sales or renovation and retention as a multifamily rental asset. The proposed redevelopment provides substantial flexibility for a value-add strategy, allowing the purchaser to evaluate the existing structure, optimize the residential layout and unit mix, modernize the building, and potentially create a stabilized income-producing asset.
Property Features
Sewer: Public Sewer
Showing Instructions: Call Agent
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