The Real Deal New York

“Haunted” SI mansion and five-acre estate hit market for $11.6M

March 12, 2012 02:00PM

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Kreisher Mansion, Massey Knakal's Michael Schneider and the five-acre estate

A landmarked Staten Island mansion that’s said to be haunted and the five-acre estate that surrounds it are on the market for a combined $11.6 million, the Staten Island Advance reported.

The Kreisher Mansion, at 4500 Arthur Kill Road in Charleston, was planned to be the cornerstone of a 124-unit, 55-plus community by developer Isaac Yamtovian, an Ohio-based businessman who has built more than 200 houses on the island. He purchased the site for $1.5 million in 1999, and struck a deal with the city to preserve the circa-1885 townhouse in exchange for the rights to develop a four-story, L-shaped building with an underground garage, pool, fitness center and some commercial space.

Yamtovian still hopes his vision comes to fruition, the Advance said, but he’s listed the mansion for $1.6 million with Vitale Sunshine Realtors and the five-acre estate with Massey Knakal Realty Services’ Michael Schneider for $10 million.

Schneider said there have already been viable offers for the site, as the Charleston-Tottenville neighborhood has become a hotbed for retail development, led by a new shopping center, an adult living community and a study sponsored by the city’s Economic Development Corporation to bring jobs and growth to the area.

β€œThe income potential is there,” Schneider said. “This is the last forefront in New York City.” [SI Advance]

  • Scrooged

    To have a 5 acre home in NYC is a novel idea.

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