The Staten Island Land Rush Reverse Auction

The Staten Island Land Rush reverse auctions will feature the Staten Island Armory Landmark alongside 10 additional Historic Richmond Ultra-Rare collection properties. 

Staten Island Armory Fun Facts

• Also known as the 51st Cavalry Brigade Armory, the Staten Island Armory was the first National Guard Armory constructed in Staten Island in 1927.
• The Staten Island Armory resembles a medieval fortress with patterned brickwork, stepped brick lintels, a large entrance opening with an arch, and a projecting buttress.
• Designed in the Castellated style, the Staten Island Armory was one of only three armories built statewide in the 1920s.

Price Analysis

Located at 321 MANOR RD in Staten Island, New York, the Staten Island Armory checks in at a gargantuan 8,457 UP2. The Staten Island Armory is a part of a set of collections including the Standard “Staten Islander” collection, and the Limited “City Pro” collection. These collections carry 1.2x and 1.4x boosts respectively. The original minting price for this property would have been 634,275 UPX if it were not a Landmark.

We estimate the premium for this landmark to be around 500%, which makes for a minimum suggested mint price of 3,615,368 UPX. The current starting point for this landmark will be 7,500,00 UPX, from which we will work our way down to the suggested mint price.

Price Reduction Schedule

The following Ultra-Rare Properties will be available during the reverse auction:

• 3/14, 395 CENTER ST
• 2/6, 1001 RICHMOND HILL RD
• 1/14, 395 CENTER ST
• 1/4, 3961 ARTHUR KILL RD
• 3/3, 74 CEDARVIEW AVE
• 7/14, 395 CENTER ST
• 14/14, 395 CENTER ST
• 13/14, 395 CENTER ST
• 5 ARTHUR KILL RD
• 4 ARTHUR KILL RD

The Land Rush auctions are a great opportunity to get your hands on some unique and amazing properties!