$600,000

Estimated payment $3,582/month

Total Views 4,841
0.11 Acre
$5,454,545 Price per Acre
4,815 Sq Ft Lot

About This Lot

Calling All Developers & General Contractors! This Staten Island lot at 488 King St offers prime development potential. Survey is available and currently under architect review. Seller is willing to cover subdivision costs upon receipt of escrow. No one is permitted to walk the property. Call Chris Caggiano Two years later, this parcel remains one of the borough's best under-the-radar opportunities—ready for your vision. Zoned R1-2, this estimated 45x107 ft residential lot offers enormous potential. Whether you're planning to build a luxurious custom home or capitalize on the market with a strategic development, the location near top-rated schools, transit, and shopping makes this an unbeatable investment.Plans have not been filed, allowing full design freedom. Utilities are accessible, no wetlands, and the site is centrally located for convenience. Bring your architects and let's walk the site—this is your chance to transform potential into profit.

Listing Agent

Chris Caggiano

EXP Realty License #10401369043 Listed on: 04/30/2025

EXP Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,214

Lot Details

  • 4,815 Sq Ft Lot
  • Lot Dimensions are 45x107
  • Property is zoned R1-2

Listing and Financial Details

  • Legal Lot and Block 0016 / 05378
  • Assessor Parcel Number 05378-0016

Property Details

Property Type

Land

Est. Annual Taxes

$3,214

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Lot Size: 45X107
  • Modification Timestamp: 2025-06-19
  • Directions: Between Hales Ave & Woods of Arden Rd
  • General Property Info:Public Remarks3: Calling All Developers & General Contractors! This Staten Island lot at 488 King St offers prime development potential. Survey is available and currently under architect review. Seller is willing to cover subdivision costs upon receipt of escrow. No one is permitted to walk the property. Call Chris Caggiano Two years later, this parcel remains one of the borough's best under-the-radar opportunities—ready for your vision. Zoned R1-2, this estimated 45x107 ft residential lot offers enormous potential. Whether you're planning to build a luxurious custom home or capitalize on the market with a strategic development, the location near top-rated schools, transit, and shopping makes this an unbeatable investment. Plans have not been filed, allowing full design freedom. Utilities are accessible, no wetlands, and the site is centrally located for convenience. Bring your architects and let's walk the site—this is your chance to transform potential into profit.
  • ContractLocation Information:List PriceSqFt2: 124.61
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: No
  • General Property Info:Gas Available: No
  • Special Features: None

Utilities

  • Sewer: Storm
  • General Property Info:Electric Available: No
  • Sewer:Storm2: Yes

Lot Info

  • Lot Size Sq Ft: 4815.0
  • Lot Size Units: Square Feet
  • Parcel #: 05378-0016
  • Zoning: R1-2
  • General Property Info:Lot Size SqFt: 4815.0
  • General Property Info:Lot Dim: 45X107
  • General Property Info:Raw Land: Yes

Tax Info

  • Tax Block: 05378
  • Tax Lot: 0016

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,214 $41,340 $24,514 $16,826
2024 $3,318 $39,600 $25,400 $14,200
2023 $3,229 $38,293 $22,496 $15,797
2022 $3,319 $41,160 $24,780 $16,380
2021 $3,283 $34,080 $24,780 $9,300
2020 $8,196 $35,340 $24,780 $10,560
2019 $8,753 $34,440 $24,780 $9,660
2018 $6,746 $36,327 $22,905 $13,422
2017 $6,726 $36,162 $19,913 $16,249
2016 $6,441 $35,325 $20,319 $15,006
2015 $5,729 $33,326 $18,461 $14,865
2014 $5,729 $31,440 $20,640 $10,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $600,000 -- --
Source: Staten Island Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed $215,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,462 New Conventional
Closed $9,376 New Conventional
Open $200,000 Unknown
Source: Public Records

Source: Staten Island Multiple Listing Service

MLS Number: 2502391

Staten Island Multiple Listing Service

APN: 05378-0016