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90 Canal St
Staten Island, NY 10304 Stapleton

$515,000 USD

Land For Sale  •  2,837 AC

Property Details

  • Property Type Land
  • Lot Size 2,837 AC
  • Zoning C4-2
69 Transit Score
92 Walk Score

Description

90 Canal Street is a rare C4-2 zoned development site in the heart of Staten Island’s flourishing mixed-use corridor. As Bay Street continues to experience a wave of transformative projects, this property presents an incredible opportunity to capitalize on the area’s growth and evolving landscape.

This site offers the potential to significantly increase the development size by utilizing the City of Yes Transit Zone incentives, coupled with UAP bonuses, making it ideal for a mixed-use project with residential and commercial components. Additionally, developers can take advantage of the 485X Tax Abatement program, offering 35 years of tax savings without the burden of prevailing wage requirements, further enhancing the financial feasibility of this project.

With its prime location, flexible zoning, and substantial tax and development incentives, 90 Canal Street is positioned to deliver outstanding returns for developers looking to be part of Staten Island’s continued growth.

Highlights

C4-2 Zoning: Offers the flexibility to develop a mix of residential, retail, and commercial spaces.
Outer Transit Zone : Maximize the development size with additional buildable square footage through zoning incentives tailored to the Outer Transit
Affordable Housing Incentives: Leverage UAP bonuses to expand the project footprint while aligning with city housing initiatives.
485X Tax Abatement: Secure 35 years of substantial tax savings without prevailing wage requirements, enhancing project profitability.
Prime Location: Positioned off Bay Street in an area witnessing a surge in mixed-use developments, making it ideal for investment.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Stapleton (Staten Island Railway - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Clifton (Staten Island Railway - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
Stapleton (Staten Island Railway - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Clifton (Staten Island Railway - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Tompkinsville (Staten Island Railway - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
Newark Liberty International 29 min - 15.1 mi
LaGuardia 39 min - 21.8 mi
John F Kennedy International 38 min - 24.5 mi
Michael Raia 347-552-1207 Ozana Realty Group
Michael Raia 347-552-1207 Ozana Realty Group