1 WATER STREET PRIME DEVELOPMENT OPPORTUNITY - NORTH SHORE / STAPLETON. Rare 13, 500 SF corner development site (approx. 180' x 75') located at Water Street and Front Street in Stapleton, Staten Island. Block 492, Lot 31. Based on current property information, the site reflects a 2.0 FAR with approximately 27, 000 SF of potential buildable area, subject to independent architectural, zoning, and governmental verification. Conceptual architectural plans are available to assist prospective purchasers with development and feasibility analysis. Potential development strategies include market-rate, mixed-income, affordable housing, and mixed-use development, subject to zoning and applicable approvals. New Development - Near the Waterfront - Coffee & Dining - Transit - Manhattan Access. Strategically located near Staten Island's North Shore waterfront, directly across from Urby and convenient to Stapleton Station, St. George Ferry Terminal, Staten Island Ferry, Empire Outlets, and the St. George waterfront. Annual property taxes are approximately $39, 541. The property is located within a flood-hazard area. Purchaser should independently verify current FEMA/NYC flood designation, Base Flood Elevation, and applicable flood-resilient construction requirements. Developers, builders, investors, and housing developers are encouraged to evaluate this opportunity. Conceptual plans and additional property information are available upon request. All information, including zoning, FAR, buildable area, permitted uses, development potential, unit count, incentives, flood-zone requirements and feasibility, is provided for informational purposes only and is subject to purchaser's independent due diligence and verification.