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About This Home

This 2-bedroom, 1-bathroom single family at 5 Milbank Road in Staten Island, NY is listed for $519,000 ($1,006 per sqft). Built in 1930, the home offers 516 sqft of living space on a 0.11 acres lot.

Agent 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.

Key Features

  • Built in 1930
  • 0.11 acre lot

Property Details

1 story
1 full
1930

Amenities

A/C

Monthly Cost Estimate

$2,776/mo

20% down · 6.5% · 30 years

Principal$375
Interest$2,249
Insurance$151

Estimates only. Actual payments may vary.

Location

5 Milbank Road

Staten Island, NY 10306

Property Details

Construction

Vinyl Siding

Pool Features

DeckPatio

Parking

Off Street

Heating

Hot Water(Heating)Natural Gas

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5 Milbank Road is listed at $519,000 ($1,006/sqft). The estimated monthly payment is $2,249 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.11 acre lot.

This property is listed by Joseph Ranola and can be reached at (631) 721-9468 or joe@bridgeandboro.com.

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JR

Joseph Ranola

Agent at Real Broker NY LLC

(631) 721-9468

Listed by Real Broker NY LLC

MLS# 2601142· Source: listhub· Updated 36 days ago

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.

5 Milbank Road, Staten Island, NY 10306

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