120 Victory Boulevard, Staten Island, NY 10301

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$2,250,000

bedrooms

bathrooms

square feet

10,799

Acreage

0.34

Open Houses

year built

1939

Full Baths

Half Baths

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Welcome to an unparalleled investment opportunity in the heart of the city! This historic commercial building, situated on a bustling high-traffic street, is now available for sale, presenting an ideal prospect for entrepreneurs and investors alike. Steeped in a rich history dating back to its construction in 1939, this two-story gem exudes timeless charm and character. The property's expansive lot spans 15,000 square feet, boasting dimensions of 200 ft x 75 ft. This generous lot size provides ample space for outdoor amenities, expansion, or potential future developments. With a ground elevation of 99 ft, the property not only offers a commanding presence but also provides a vantage point that enhances visibility. Zoning versatility is a key feature, with the property falling under multiple districts, including R5, C2-1, and HS. This diverse zoning allows for a range of development options, catering to both residential and commercial purposes. The Residential Floor Area Ratio (FAR) of 1.25 indicates the potential for residential development, while the Facility FAR of 2 opens up opportunities for commercial or institutional use. The current building's FAR as built stands at 0.71, utilizing a portion of the maximum allowable floor area. With a maximum usable floor area of 18,750 square feet, there is significant untapped potential for expansion or redevelopment. The usable floor area as built is currently 10,650 square feet, leaving 8,100 square feet of unused FAR, providing the perfect canvas for customization and future growth. This unique combination of a historic building with substantial unused development rights, coupled with a strategically located and generously sized lot, makes this property an extraordinary investment opportunity. Explore the possibilities, capitalize on the available square footage, and make your mark in this prime location. Contact us today to discover how this property can be the foundation for your vision and success.

Location
Subdivision	-
County	Richmond
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 2501768

Listing agent: Christine Dehart

Listing broker: Salmon Realty Group (718) 273-1200

Copyright © 2025 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:31 p.m. EDT

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