5 Milbank RD, Staten Island, NY 10306
5 Milbank RD, Staten Island, NY 10306
5 Milbank RD, Staten Island, NY 10306
5 Milbank RD, Staten Island, NY 10306
5 Milbank RD, Staten Island, NY 10306
5 Milbank RD, Staten Island, NY 10306
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 519,000
Est. payment | /mo

2 Beds

1 Bath

510 SqFt

Save
$ 519,000
Est. payment | /mo
Save

2 Beds

1 Bath

510 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 510 sqft

Price per Sqft $1,017

MLS Listing ID 499384

Style Bungalow

Bedrooms 2

Full Baths 1

Year Built 1930

Annual Tax Amount $4,056

Property Sub-Type Single Family

Property Description

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.

Location

State NY

County Staten Island

Area Oakwood/New Dorp Beach

Zoning R3X

Rooms

Basement Finished, Full, Separate Entrance

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood

Heat Source Gas

Exterior

Exterior Feature Vinyl Siding

Roof Type Asphalt/Tar

Handicap Access No

Building

Story 1

Foundation Other

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by Real Broker NY LLC

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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5 Milbank RD

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