staten island, New York Commercial Real Estate 0 Listings

Staten Island, New York: A Premier Destination for Commercial Real Estate

Introduction

Staten Island, New York, offers a unique and compelling opportunity for commercial real estate (CRE) investors and professionals. As one of New York City's five boroughs, Staten Island boasts a strategic location with a diverse economy supported by sectors such as maritime, healthcare, and retail. This distinctive positioning makes it an attractive destination for various commercial property types, from industrial to office spaces.

Economic and Industry Overview

Staten Island's economy is primarily driven by its maritime industry, healthcare facilities, and retail businesses. The borough's proximity to major shipping lanes supports a robust logistics and distribution sector, driving demand for industrial properties. Healthcare institutions, including Staten Island University Hospital, create a steady need for medical office spaces. The retail sector thrives with numerous shopping centers and local businesses catering to the island's residents.

Staten Island's economic development is supported by initiatives from Staten Island Economic Development Corporation, which aims to foster growth and attract new businesses to the area.

Strategic Location and Transportation Infrastructure

Staten Island is strategically positioned with access to major transportation infrastructure. The borough is directly connected to New Jersey via the Goethals Bridge and the Bayonne Bridge and to Brooklyn through the Verrazzano-Narrows Bridge. The Staten Island Ferry provides a vital commuter link to Manhattan. The presence of the New York Container Terminal enhances its appeal for logistics operations.

For additional information, please visit the New York City Department of Transportation and the Port Authority of New York and New Jersey.

Commercial Real Estate Inventory & Zoning

Staten Island features several key CRE submarkets, including its Central Business District in St. George, industrial corridors in the West Shore, and retail hubs like the Staten Island Mall. Key asset classes include industrial spaces, retail centers, and office buildings.

The borough is experiencing zoning changes to encourage mixed-use developments and affordable housing. For comprehensive zoning information, refer to the New York City Zoning Maps.

Major Employers and Institutions

Staten Island hosts several significant employers, including Staten Island University Hospital, Richmond University Medical Center, and the College of Staten Island. These institutions drive demand for commercial properties and contribute to the borough's economic vitality.

For more information, see the Staten Island Economic Development Corporation Business Directory.

Notable Commercial Developments & Projects

Staten Island is witnessing transformative developments, including the Empire Outlets, a major retail outlet center, and the New York Wheel project. These developments are part of the borough's ongoing revitalization efforts, attracting both businesses and tourists.

For detailed project plans, visit the NYC Planning Department.

Building Permits, Planning, and Development Tools

NYC Department of Buildings for building and safety information
NYC eFiling portal for permits
NYC Planning Lab for GIS and parcel viewer
NYC Planning Commission for development codes

Market Data & Economic Reports

Public data sets offer valuable insights into Staten Island's CRE market dynamics. Resources like census.gov and the NYC Open Data Portal provide economic reports and demographic data. Brevitas leverages AI-powered aggregation from these public sources to deliver enhanced market insights.

Explore Brevitas-powered dashboards for Staten Island here.

Why Use Brevitas for Staten Island, New York CRE?

Brevitas is the go-to platform for discovering commercial real estate opportunities in Staten Island. With AI-driven discovery tools, real-time market alerts, and smart property pages, Brevitas offers: