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Local Realty Service Provided By: Coldwell Banker LaBarca Real Estate

5 Milbank Road, 
Staten Island, NY 10306

$498,000


2

Beds


1

Bath


510

Sq Ft


Single Family

Sold

Listed by

Joseph Ranola

Real Broker Ny LLC.

347-312-3458

MLS#

499384

Source:

BROOKLYN

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About This Home

5 Milbank Road

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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1930

Price Summary

519,000

$1,017 per Sq. Ft.

MLS #:

499384

Sold:

August 17, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

510 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

510 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

4,800


Finances & Disclosures

Finances

Price:

$519,000

Price per Sq. Ft:

$1,017 per Sq. Ft.

Source:BROOKLYN
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