Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Trophy Development Site On Staten Island

11/13/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell a trophy development site at 239 Fingerboard Road. The property is located with large frontages along Fingerboard Road and Narrows Road North on Staten Island. The asking price is $15,950,000.

This site consists of approximately ten acres (435,600 square feet) of land and contains seven buildings, which total approximately 36,260 square feet.  The property is situated in a residential zone (R3-2) that allows for development of a variety of housing types including small multifamily apartment houses, detached and semi-detached one and two family residences, and low-rise attached houses.

The site is conveniently located directly off the Staten Island Expressway and Verrazano Bridge.  It is currently occupied by a large retreat center, and will be delivered completely vacant.  Current elevations provide for outstanding unobstructed views of the New York Harbor and the magnificent Verrazano-Narrows Bridge.

“A development site of this caliber is rarely available and we are thrilled to be representing The New York Province.  We look forward to strong demand from an array of buyers,” said Massey Knakal First Vice President of Sales Guthrie Garvin.

For more information on this listing, contact Guthrie Garvin at 212.696.2500 or First Vice President of Sales Michael Schneider at 718.238.8999.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

11/13/2012 - 13:01

Source

Cushman & Wakefield Capital Markets Group New York

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