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4585 Amboy Rd - Amboy Rd Qualifying Site 0.19 Acres of Commercial Land Offered at $1,914,976 CAD in Staten Island, NY 10312
Investment Highlights
- Qualifying Site Under CoY Transit Zone
- Short walk or drive to express bus to Manhattan
- Access to Elitingville Tran Station
Executive Summary
Maximized Condo Sell-Out Potential: Yielding up to 8,475 buildable square feet on a highly efficient 8,475 SF lot. This creates the perfect envelope for a high-margin, boutique condo project (up to 12 units), particularly suited for premium ground-floor duplexes with sprawling private rear outdoor space.
Affluent, Underserved Buyer Pool: Situated in the heart of Eltingville, backed by localized median household incomes exceeding $110,000. With an aging single-family housing stock and an 81%+ homeownership rate, there is massive pent-up demand for modern, maintenance-free condo inventory targeted at neighborhood downsizers and young professionals.
Exceptional Frontage: The unique triangular lot boasts over 128 feet of highly visible frontage directly on Amboy Road. This extensive exposure guarantees abundant natural light and air across the building envelope, allowing for highly efficient floor plans with premium window lines.
Walkable South Shore Hub: A premier "suburban-transit" location. Future residents will be within a 5-to-10 minute walk of major grocery anchors, neighborhood dining along the Richmond Avenue commercial corridor, and direct express transit to Manhattan.
Flexible Delivery: Currently utilized as a commercial/automotive site, offering potential for short-term covered land play or immediate redevelopment upon delivery.
2 small 550 Gallon tanks exist on the site but were cleaned and filled with concrete slurry, tests samples were also taken and show no contamination of the lot.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot 5585
| Price | $1,914,976 CAD | Lot Size | 0.19 AC |
| Price Per AC | $9,842,649.65 CAD |
| Price | $1,914,976 CAD |
| Price Per AC | $9,842,649.65 CAD |
| Lot Size | 0.19 AC |
Prime development site at 4585 Amboy Rd. Transit Zone status eliminates parking requirements, maximizing a high-yield development. Steps to SIR rail and backed by an affluent, underserved Eltingville market. Currently Mechanic Shop.
Description
4585 Amboy Road presents a premier boutique development opportunity situated in the highly sought-after Eltingville neighborhood of Staten Island's South Shore. Positioned on a highly efficient 8,475-square-foot lot with over 128 feet of excellent visibility and frontage along Amboy Road, this unique property is perfectly primed for a high-yield residential project. The site features R3-2 zoning, a general residence district that accommodates a diverse mix of low-rise housing types, ranging from detached to small multi-family apartment buildings. Crucially, 4585 Amboy Road is located within a Qualifying Transit Zone. This highly desirable designation benefits the property with a waiver of off-street parking requirements, significantly reducing construction costs and empowering developers to fully maximize the site's ground-floor buildable footprint. With the potential to yield up to 8,475 buildable square feet, the site offers the ideal envelope for a premium boutique condo or multi-family development of up to 12 units. The property’s expansive frontage and triangular geometry guarantee abundant natural light and air across the building envelope, allowing for highly efficient floor plans with premium window lines. Located just steps from the Eltingville Staten Island Railway (SIR) station and local Transit Center, the property offers unmatched express connectivity to Manhattan. Surrounded by the walkable Richmond Avenue commercial corridor and backed by an affluent, underserved local demographic with median household incomes exceeding $110,000, 4585 Amboy Road is the ultimate blank canvas for a transit-linked residential product.
Property Taxes
| Parcel Number | 05585-0093 | Improvements Assessment | $60,322 CAD |
| Land Assessment | $173,579 CAD | Total Assessment | $233,901 CAD |
Property Taxes
Presented by
4585 Amboy Rd - Amboy Rd Qualifying Site
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