Peter Sisca · @siscamoves Real Broker · NY / NJ / CT
Offered At
$850K
Development Opportunity · St. George, Staten Island

137 Daniel Low
Terrace

Staten Island, NY 10301 · Fort Hill Neighborhood · R5 Zoning · Blocks from the Ferry

6,000 SF
Total Land
60 × 100
Combined Lot
R5
Zoning
2 Parcels
One Deal

A Ready-to-Build Canvas in St. George

Two contiguous parcels are offered together on Daniel Low Terrace in one of Staten Island's most actively evolving neighborhoods — St. George's Fort Hill district. The site sits a short walk from the ferry and the growing Bay Street corridor, with unobstructed views of the Manhattan skyline just across the harbor.

Tax Lot 96 is a fully vacant, cleared, and tarped 3,000 SF lot. The adjoining Tax Lot 97 carries a vacant, boarded-up 1925 duplex — a teardown candidate. Together they assemble a clean 60 × 100 building site zoned R5, ready for a ground-up multifamily project with minimal demolition complexity.

What makes this site compelling isn't just what's on it — it's that the assemblage work is already done. Both parcels share the same owner. There's no second negotiation, no holdout premium, no fractured deal structure. This is a clean two-parcel transaction with a single closing.

6,000
Square Feet
60′
Street Frontage
R5
Zoning
$850K
Offered At
~0.6 mi
To the Ferry

On the Ground in St. George

Get a feel for the site, the block, and the neighborhood before you ever step foot on it. These short videos capture both parcels and the surrounding Fort Hill context.

📍 Site Overview
137 Daniel Low Terrace – Site Overview
🏙️ Neighborhood & Context
137 Daniel Low Terrace – Neighborhood Context

Parcel-by-Parcel Breakdown

Each tax lot stands on its own merits — and together they form a development platform that's rare in this zip code. Here's the raw data on both parcels.

Parcel 1 · Lot 96

Vacant Land

AddressDaniel Low Terrace
Block / Lot18 / 96
APN00018-0096
Lot Size30 × 100 · 3,000 SF
Land UseResidential (vacant)
ConditionCleared · tarped · ready
ZoningR5
Annual Tax (2025)$1,128
Parcel 2 · Lot 97

Teardown Candidate

Address137 Daniel Low Terrace
Block / Lot18 / 97
APN00018-0097
Lot Size30 × 100 · 3,000 SF
Structure1925 Duplex · 2,978 SF
ConditionBoarded · vacant · violations
ZoningR5
Annual Tax (2025)$2,859

Assessment and tax figures sourced from CoreLogic / NYC public records (2025). Lot dimensions per NYC tax-lot map; survey recommended prior to closing. Open DOB violations on Lot 97 are disclosed — pricing reflects resolution costs.

Three Ways to Build the Return

R5 zoning gives a buyer real flexibility. Whether you're a ground-up developer, a builder who prefers phased risk, or a land-bank investor with a longer horizon — this site accommodates multiple exit strategies.

A

Ground-Up Multifamily

Demolish the duplex and develop a single multifamily project across the full 60 × 100 footprint. A 60-foot frontage is flexible enough to support a six-to-eight-unit walk-up or a boutique condo concept — both buyer pools are deep in St. George. One structure, one general contractor, maximum FAR utilization, and a cleaner financing story from day one.

  • One structure · one GC
  • Max FAR utilization
  • Cleaner financing story
B

Two-House Development

Keep the two tax lots separate and develop each as its own two- or three-family home. Sell individually or hold as rentals. This path lowers construction risk and allows the project to be phased — build one lot, stabilize, then develop the second. It also mirrors the existing rhythm of the block, making approvals more predictable.

  • Phased construction
  • Two exits instead of one
  • Matches block's existing scale
C

Land Bank Hold

Hold the combined parcel as land in one of NYC's most supply-constrained, ferry-accessible neighborhoods. St. George is receiving active public and private investment — Empire Outlets, the FerryHawks ballpark, the new ferry landing upgrades, and the Bay Street rezoning all point to a neighborhood in structural appreciation mode. Low carry cost, two-parcel tax ID flexibility, and full optionality on exit timing.

  • Low carry cost
  • Two-parcel tax flexibility
  • Optionality on timing
"The assemblage is already done. No second negotiation. No holdout premium. Two parcels, one owner, one closing — that's the deal."

St. George · Fort Hill · Waterfront Staten Island

St. George is the ferry-side gateway to Staten Island — the neighborhood where the borough meets the harbor and the Manhattan skyline fills the frame. The Fort Hill district combines historic, characterful housing stock with a waterfront corridor undergoing real transformation. From this site, downtown Manhattan is a 25-minute free ferry ride away, 24 hours a day.

St. George Ferry Terminal
~0.6 mi · Free ride to Manhattan, 24/7
Empire Outlets
~0.7 mi · 100+ designer outlets & food hall
SIUH Community Park (Ballpark)
~0.7 mi · FerryHawks + events venue
Fort Hill Park
~0.1 mi · Green space, historic elevation
Bay Street Corridor
~0.6 mi · Active rezoning & new housing
Staten Island Borough Hall
~0.8 mi · Civic & court district
Richmond University Medical Center
~1.4 mi · Major employer
Verrazzano-Narrows Bridge
~6 mi · Direct route to Brooklyn

The site is walkable to the Staten Island Railway and Bay Street bus lines — a transit profile that supports renters, buyers, and long-term demand fundamentals.

Let's Build on This Block.

Tours by appointment. Offers invited. Financials and additional due diligence materials available on request.

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This post is intended for informational purposes and qualified investors only. Information deemed reliable but not guaranteed. All development concepts are illustrative only. Buildable program is subject to NYC DOB review, FAR, setbacks, height limits, parking requirements, and any applicable overlay or landmark rules. Buyer to verify all zoning assumptions with NYC DOB and licensed counsel independently. Peter Sisca · Licensed Real Estate Salesperson · NY #10401364161 · NJ #2298786 · CT #RES.0836146 · Real Broker.