Looking for Land to Build On in Staten Island

by Christine DeHart

Engineers and construction workers at real estate development site reviewing plans

An undeveloped piece of land is full of possibilities. Perhaps you’re a buyer who wants to build a single-family home. Maybe you’re a developer looking to create a multi-family unit or a residential building.

Buying land is different from buying an existing building, so you’ll want to do your research before making an offer. Here, Salmon Real Estate outlines some of the factors that new buyers should consider when looking for land for sale on Staten Island, New York.

Factors to Consider in Your Real Estate Search

When you buy land, you can build a residential or commercial property to suit your exact specifications and needs, instead of purchasing an existing building and renovating it. However, there are several things you need to consider when looking at property for sale in your area:

Zoning: New York City’s zoning regulations dictate how land on Staten Island can be used and the type of residential, commercial, or industrial buildings permitted in specific areas.
Flood zone: If you’re considering purchasing a property in a flood zone, you’ll need to budget for flood insurance.
Taxes: You can search Staten Island property records online through the Automated City Register Information System (ACRIS) to find tax maps, lien information, and other details.
Budget: Assess your budget to see how much you can pay in cash and how much you will need to finance.

Tips for Finding and Buying Staten Island Land

If you’re just starting your search, here are a few recommendations to keep in mind:

Choose an Experienced Realtor

Look for a real estate consultant or agent who knows Staten Island and the surrounding area well. They’ll be able to help you identify suitable property listings and provide insights into specific neighborhoods or locations. Make sure the realtor you choose has experience buying and selling vacant land, not just homes or commercial buildings.

Identify Potential Lenders

Familiarize yourself with your financing options. Compare loan programs through different lenders to find the best fit for your budget. Your realtor may be able to offer recommendations for local lenders, as well.

Research the Property

Once you’ve found a parcel of land that seems like a good fit, it’s time to do your due diligence. In addition to zoning and land-use restrictions, you should check if there are existing utility hookups – if not, installing them will be another expense. You should also find out if there are any existing environmental hazards on the land – if so, you may also need to pay for remediation before developing the property.

Staten Island Neighborhoods

While Staten Island is dense, there are still open lots available that you can build on. Investors and buyers should take the time to visit properties in all of Staten Island’s neighborhoods, including:

Get in Touch with Salmon Real Estate

Whether you’re looking for land for commercial or residential use, you can count on the team at Salmon Real Estate. As one of the oldest independently owned real estate companies on Staten Island, NY, we bring invaluable knowledge and resources to every property search.

Our realtors are customer-service driven and always go the extra mile to help our clients. We’re here to help you navigate the land-buying process, bringing our in-depth knowledge of the Staten Island real estate market, as well as markets in the surrounding areas. For sellers, we have cutting-edge real estate marketing tools to help you reach the right buyers. For more information about our realtors and services, contact us today.