125 Edgewater St

Bridge Property Advisors has been exclusively hired to arrange the sale of 125 Edgewater Street, an 18+ acre

waterfront development site in Rosebank, Staten Island. The total lot area of the property is approximately

795,590 SF (or 18.26 AC) of which 144,258 SF (or 3.31 AC) is developable upland. Ownership has completed

the ULURP process and rezoned the property from M2-1 to its current zoning, R6 with a partial C2-2 overlay.

The site has a total of approximately 891,409 buildable SF. Approximately 480,000 SF can be developed on the

site based on the height restrictions leaving approximately 411,409 SF of additional air rights on the property.

The development will also require a Shore Public Walkway (SPW), visual corridors (VC) from the street and

public landscaping. Ownership possesses a marina plan and a public landscaping plan that has been approved

by the NYC Parks Department.

Tax abatements are available to developers through the new 485-x Affordable Neighborhoods for New Yorkers

Tax Incentive program and additional zoning benefits through the newly adopted City of Yes for Housing

Opportunity (COYHO) zoning text amendment.

125 Edgewater Street offers tremendous accessibility to Brooklyn or Manhattan, as well as within the borough.

It is exceptionally located near the Staten Island Expressway and Verrazano Bridge, and is an 8-minute

commute to the Staten Island Ferry via car or train at the Clifton Station (adjacent to the property). Across the

street is the S51 Bay St/Edgewater St bus stop.

This offering presents the opportunity to bring nearly 500+ apartments, ancillary services and parking to the

North Shore waterfront of Staten Island, where there is a lack of affordable, newly-constructed residential

buildings