Residential Conversion on Edgewater St 2 biens | Staten Island, NY

The Nowak Group of Marcus & Millichap is pleased to present 191 Edgewater Street and the adjacent 190 Edgewater parcel. The subject properties present a rare call-for-offers opportunity to acquire a North Shore Staten Island waterfront redevelopment site with BSA approval in place for residential conversion, substantial existing building infrastructure, and additional land value through a second M3-1 parcel.
The offering is anchored by the long-vacant, seven-story former industrial building at 191 Edgewater Street, a substantial concrete structure with high ceilings averaging approximately 13 feet and a large existing envelope. The current BSA plan set demonstrates a preliminary 101-unit multiple dwelling program within the existing 122,250 SF structure, with approximately 79,833.81 SF of proposed zoning floor area (not including the first floor which must be set aside for parking, and storage uses due to flood plain) and approximately 60,343 SF of scheduled residential unit area. The plan also provides 101 parking spaces, with 44 spaces on-site at 191 Edgewater and 57 spaces supported by the 190 Edgewater parcel.