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2 Beds

1 Bathrooms

510 Building Sqft

4,800 Lot Sqft

$519,000

5 Milbank Road, Staten Island, New York, 10306

About 5 Milbank Road

Active Single Family

Rare opportunity at 5 Milbank Road in New Dorp Beach, Staten Island – a unique property offering three adjacent lots with income already in place.

This single family bungalow sits on THREE separate lots totaling approximately 4,800 square feet, creating a rare chance to own multiple parcels in one purchase. Whether you are searching for Staten Island land for sale, a development site, or an investment property with future upside, this property offers flexibility that is difficult to find in today’s market.

The existing bungalow includes 2 bedrooms, 1 full bathroom, a finished basement with separate entrance, and a combined living and dining area. The home is currently rented for $2,600 per month, providing immediate income that can help offset carrying costs while a buyer explores future plans.

The real value is the land. Three lots are being sold together, giving buyers the ability to hold, develop, subdivide, or build in the future depending on their goals. Buyers should consult with an architect or design professional to evaluate subdivision or redevelopment possibilities.

Located in New Dorp Beach near New Dorp Lane, shopping, restaurants, beaches, parks, and the Staten Island Railway, this property combines income, land ownership, and development potential in one purchase.

Ideal for buyers searching for:

• Staten Island development opportunity

• Staten Island investment property with income

• Staten Island land or building lots for sale

• Builder or investor opportunity in Staten Island

Collect rental income while you plan the future potential of the property. Opportunities with multiple lots and existing income rarely come to market in Staten Island.

Features of 5 Milbank Road

MLS® #
499384
Bedrooms
2
Bathrooms
1
Acres
0.11
Type
Residential
Price
$519,000
Building Sqft
510
Year Built
1930
Sub-Type
Single Family

Community Information

Address
5 Milbank Road
City
Staten Island
County
Staten Island
State
New York
Zip Code
10306

Listing Information

Agent Name
Joseph Ranola
Agent Office
Real Broker NY LLC

Listing Map

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At a Glance

5 Milbank Road

Staten Island, New York, 10306

$519,000

2 Beds

1 Bathrooms

510 Building Sqft

4,800 Lot Sqft

Contact Agent