Savo Brothers pays $4M for development site in Prince’s Bay, Staten Island

Savo Brothers through the entity Androvette Estates LLC paid $4 million to Robert Mack through the entity 4 Boys Building Inc. for eight development parcels including (V0) at 2 Androvette Avenue,  20 Androvette Avenue and 16 Androvette Avenue in Prince’s Bay, Staten Island, that make up a rectangular development site approximately 160 feet deep and 250 feet wide.
The deal closed on July 29, 2025 and was recorded on August 12, 2025. The eight properties have zero square feet of built space and 20,367 square feet of additional air rights for a total buildable of 20,367 square feet according to a PincusCo analysis of city data. The sale price per buildable square foot is $196 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Savo Brothers had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Robert Mack had not purchased any other properties and had not sold any properties over the same time period.

The property

The zoning is R3X which allows for up to 0.5 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $395,000.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have not received any significant violations in the last year.

Development

On these lots, there are nine active new building construction projects and major alteration projects with initial costs more than $5 million, totaling 24,629 square feet. The largest, S00954177, is a new building project for a two-unit, 3,217 square-foot R-3 building submitted by Robert Mack with plans filed November 21, 2023 and it has not been permitted yet. The second largest, S00954186, is a new building project for a two-unit, 3,217 square-foot R-3 building submitted by Robert Mack with plans filed November 21, 2023 and it has not been permitted yet.

The block

On the tax block of 2 Androvette Avenue, PincusCo has identified the owners of two of the 16 commercial properties representing zero square feet of the zero square feet. The identified owner is 4 Boys Building Inc..
On the tax block, there were nine new building construction projects totaling 24,629 square feet. The largest is a two-unit, 3,217 square-foot residential (R-3) building submitted by Robert Mack with plans filed November 21, 2023 and it has not been permitted yet. The second largest is a two-unit, 3,217 square-foot residential (R-3) building submitted by Robert Mack with plans filed November 21, 2023 and it has not been permitted yet.

All properties are development.

Direct link to Acris document. link