Sector Property Group has been exclusively retained to arrange the sale of 230 Bay Street, a 4,000 SF vacant freestanding commercial building and development site, located along the Bay Street Corridor, between Hannah & Minthorne Streets, in the Stapleton neighborhood of Staten Island.? The property is zoned R6 / C2-3 within the Special Bay Street Corridor District (Subdistrict D1) and supports up to 18,000 SF of zoning floor area at 3.0 FAR under Mandatory Inclusionary Housing, with no parking required.
A developer may construct a mixed-income residential building of up to 75 feet with active ground-floor retail and may qualify for the 485-x real property tax abatement program. The existing 4,000 SF brick building — a former Rent-A-Center — offers approximately 50' feet of Bay Street frontage, 5+ on-site parking spaces, two curb cuts, a loading dock, and full HVAC in place.
The property sits directly across from the Tompkinsville Staten Island Railway station, providing riders an immediate connection to the St. George Ferry Terminal and a 25-minute ride to Lower Manhattan. New construction including Urby, Lighthouse Point, and The Pearl have delivered within blocks of the site, establishing 230 Bay Street as a well-positioned opportunity within one of New York City's most actively supported growth corridors.