78 Fort Place, Staten Island, NY, 10301
$7,500,000
0
Beds
Bathrooms
0
Building Sqft
0.74
Acres
32,130
Lot Sqft
About 78 Fort Place
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.
Features of 78 Fort Place
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