Opportunity awaits in one of Staten Island’s most desirable and established neighborhoods—Dongan Hills Colony. This is not just another listing; it is a rare chance to secure a property in a highly sought-after location where homes are rarely available, and demand continues to grow year after year. Whether you are a seasoned investor, a developer, or a homeowner with a vision, this property presents a unique blank canvas ready to be transformed into something truly exceptional.
Situated on a generous 7,840 square foot lot with dimensions of approximately 147 by 70 feet, this property offers space, flexibility, and long-term value. Currently configured and taxed as a two-family home but located within a single-family zoning district (R1-2), the possibilities here are both intriguing and valuable. This dual characteristic allows buyers to explore multiple strategies—from restoring it into a spacious single-family dream home to reimagining the layout entirely to suit modern living standards.
The home itself spans approximately 2,855 square feet of interior living space across three stories, providing a substantial footprint that is increasingly difficult to find in this area. Built in 1930, the property carries the charm and structural presence of a classic Staten Island residence, while also offering the opportunity for a complete transformation through renovation.
It is important to note that the property is being sold strictly AS-IS and requires a full renovation, including a septic system replacement. However, for the right buyer, this is precisely where the opportunity lies. Instead of paying a premium for someone else’s design choices, you have the freedom to create a home tailored entirely to your own taste, needs, and lifestyle.
Imagine designing a custom interior where every detail reflects your vision—from an open-concept kitchen with modern finishes to spacious living areas filled with natural light. With nearly 3,000 square feet to work with, the possibilities are extensive. You could create large bedrooms, spa-like bathrooms, a home office, a gym, or even a dedicated entertainment space. The structure provides the volume; your imagination provides the transformation.
The current layout includes four bedrooms and three full bathrooms, offering a strong starting point for redesign. These existing features can either be incorporated into a new layout or completely reconfigured to maximize flow and functionality. The presence of multiple bathrooms is particularly valuable, as it reduces the need for additional plumbing expansions during renovation.
Heating is currently powered by natural gas with a steam system, a traditional setup that can be upgraded or modernized depending on your renovation plans. While there is no existing cooling system, this gives you the opportunity to install central air conditioning or energy-efficient alternatives that meet today’s standards.
One of the standout interior features is the presence of a fireplace, which adds character and warmth to the home. With proper restoration, this element can become a central focal point in your redesigned living space, blending classic charm with modern aesthetics.
The property does not include a basement, which simplifies certain aspects of renovation and maintenance. Additionally, the electrical system supports 220 volts, providing a solid foundation for modern appliances and systems that may be introduced during the renovation process.
Externally, the home features aluminum siding, a durable material that can either be refreshed or replaced depending on your design goals. The structure’s condition is currently rated as poor, reinforcing the need for a comprehensive renovation, but also emphasizing the opportunity to completely reimagine the home from top to bottom.
The outdoor space is another major advantage of this property. With nearly 8,000 square feet of land, there is ample room to create a private outdoor retreat. Whether you envision a landscaped garden, a patio for entertaining, a play area, or even a pool, the lot size provides the flexibility to bring your ideas to life.
A deck is already present, offering a starting point for outdoor living enhancements. This space can be expanded or redesigned to create a seamless indoor-outdoor flow, perfect for gatherings, relaxation, or simply enjoying the surrounding neighborhood.
Parking is well accommodated, with space for two vehicles and options for both off-street and on-street parking. In a location like Staten Island, where parking can be a significant advantage, this feature adds practical value for homeowners and future buyers alike.
The property’s location in Dongan Hills Colony is arguably its strongest asset. This neighborhood is known for its residential appeal, tree-lined streets, and proximity to essential amenities. Homes in this area are highly desirable due to their balance of suburban tranquility and accessibility to urban conveniences.
Living in Staten Island offers a unique lifestyle that combines space, community, and connectivity. Residents enjoy access to parks, schools, shopping centers, and transportation options, making it an ideal place for families, professionals, and investors alike. The neighborhood’s reputation continues to drive demand, which in turn supports long-term property value appreciation.
From an investment perspective, the numbers further highlight the opportunity. The property is priced at approximately $226 per square foot, which is competitive given the size, location, and potential after renovation. The tax assessed value stands at $838,000, with annual property taxes around $8,730.
These figures suggest strong upside potential for buyers willing to invest in the renovation process. By transforming the property into a modern, high-quality single-family home, you could significantly increase its market value and overall appeal.
The zoning designation (R1-2) is another important factor to consider. This zoning supports single-family residential use, aligning perfectly with the opportunity to convert the existing configuration into a cohesive and desirable home. Understanding and leveraging this zoning can play a key role in maximizing the property’s value.
The fact that the property has been on the market since May 19, 2026, provides context for timing and competition. Listings in this area, especially those with this level of potential, often attract attention from multiple buyers, particularly investors and developers seeking their next project.
This is not a turnkey property, and it is not intended for buyers looking for immediate move-in readiness. Instead, it is a project—a vision waiting to be realized. It requires planning, investment, and creativity. But for those who recognize its potential, it offers something increasingly rare: the chance to create a custom home in a premium location at a value-driven entry point.
Imagine the end result—a beautifully renovated residence that blends modern design with classic structure, set in one of Staten Island’s most desirable neighborhoods. A home that reflects your personal style while also serving as a strong financial asset for years to come.
Opportunities like this do not come often. Properties in Dongan Hills Colony are typically tightly held, and when they do become available, they are quickly recognized for their value. This particular listing stands out not because of what it is today, but because of what it can become.
If you have the vision to see beyond the current condition and the resources to bring that vision to life, this property could be one of the most rewarding investments you make. It is a chance to build something truly your own, in a location that continues to prove its worth over time.
Bring your ideas, your plans, and your creativity. Transform this space into a home that not only meets your expectations but exceeds them. Whether your goal is to live, invest, or resell, the foundation is here—waiting for the right buyer to unlock its full potential.
Listed on Zillow