JLL Capital Markets announced that it has been retained as the exclusive sales advisor for Lighthouse Point, a newly completed, transit-oriented, Class A multi-housing waterfront development located at 5 Bay St. in the St. George neighborhood of Staten Island, New York.
JLL is marketing the property on behalf of Triangle Equities. The offering is being presented with an asking price of $45,000,000.
Lighthouse Point is a transformative mixed-use development situated adjacent to the Staten Island Ferry Terminal, providing direct connectivity to Lower Manhattan and offering panoramic views of New York Harbor. The recently completed first phase features 115 luxuriously designed residential units featuring hardwood flooring throughout and high-end finishes.
Occupying the site of the historic U.S. Lighthouse Service’s General Depot and represents one of the most significant waterfront redevelopment initiatives on Staten Island’s North Shore in recent decades. The development serves as a cornerstone of the broader North Shore revitalization effort and benefits from significant public and private investment in the surrounding neighborhood.
The residential component includes a mix of market-rate and affordable housing units. Residents benefit from an amenity package that includes a waterfront terrace, rooftop lounge, fitness center and sweeping harbor views.
The JLL Capital Markets Investment Sales and Advisory team representing the seller is led by Senior Managing Directors Rob Hinckley and Jeff Julien, Managing Director Steven Rutman and Director Devon Warren.
“Lighthouse Point presents a rare opportunity in today’s market,” said Warren. “It’s a well-conceived project in a market where new development opportunities are increasingly limited, and we think buyers will recognize both the quality of what’s been built and the potential that’s still ahead.”
Developed by Triangle Equities through a public-private partnership with New York City Economic Development Corporation, Lighthouse Point was designed as a vibrant mixed-use destination that integrates housing, retail, office and community uses within a walkable waterfront environment.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities.
