Ad #7359147
MLS #2601142
Rare opportunity at 5 Milbank Road in New Dorp Beach, Staten
5 Milbank Rd, Staten Island, NY 10306
$519,000
2Beds
1Baths
516Sqft
0.11Acres
About this property
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.
Property Features
2 Beds
1 Baths
516 Sqft
Built in 1930
0.11 Acres
1 Story
Off Street
Siding: Vinyl Siding
Hot Water(Heating), Natural Gas
$4,056 / yr property tax
Richmond County
Additional Photos
Contact Information
Joseph Ranola
Real Broker, LLC
631-721-9468
Location
Listing Agent: Joseph Ranola 631-721-9468
Broker: Real Broker, LLC 631-721-9468 Listing Site
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Real Broker, LLC 631-721-9468 Listing Site
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$519,000
2
Beds
1
Baths
516
Sqft
5 Milbank Rd, Staten Island, NY 10306
By contacting this agent you agree to these Terms and Conditions.
MLS# 2601142
Rare opportunity at 5 Milbank Road in New Dorp Beach, Staten
$519,000
5 Milbank Rd, Staten Island, NY 10306
2
Beds
1
Baths
516
Sqft
0.11
Acres
$519,000
5 Milbank Rd, Staten Island, NY 10306
2 Beds
1 Baths
516 Sqft
0.11 Acres
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.
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Property Details
HOME DETAILS
2 Beds
1 Baths
516 Sqft
Built in 1930
0.11 Acres
1 Story
EXTERIOR
Off Street
Siding: Vinyl Siding
INTERIOR
Hot Water(Heating), Natural Gas
FINANCIAL & COMMUNITY
$4,056 / yr property tax
Richmond County
See More Details
Location
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Ad Statistics
Ad Number
7359147
Viewed
122 times
Listing Status
Pending
Added
Mar 05, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Staten Island Board of Realtors
Source Property ID
2601142
Listing Agent: Joseph Ranola 631-721-9468
Broker: Real Broker, LLC 631-721-9468 Listing Site
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Real Broker, LLC 631-721-9468 Listing Site
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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