ARBUTUS LAKE PROPERTY

1.23 Acres of Residential Land Offered at $5,500,000 USD in Staten Island, NY 10312

Asking Price $5,500,000

Property Type: Land

Listing Contacts

Victoria Cavicchio

Verified Profile

Property Info

Property Overview

Introducing 381 Arbutus Avenue - an exceptional investment opportunity nestled in the heart of Staten Island. Boasting an expansive lot spanning 53,707 sqft and offering breathtaking waterfront views, this property is a rare gem. Zoned R3-2 (LOW DENSITY RESIDENTIAL), it opens doors to a myriad of development prospects, from low-rise attached houses to small multi-family apartment complexes and detached residences. Located in the coveted Annadale neighborhood, residents will relish in the perfect blend of serenity and accessibility. With close proximity to essential amenities, including shopping, dining, and recreational facilities, this property epitomizes convenience. For astute investors seeking to capitalize on the allure of waterfront luxury living, 381 Arbutus Avenue presents an unparalleled opportunity. Don't miss your chance to shape the future of this prime real estate and reap the rewards of a visionary investment. Consult with your architect.

Property Details

Property Subtype: Residential/Multifamily

Highlights

53,707 sqft
Waterfront Views

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