5 Milbank RD Staten Island, NY 10306
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 516 sqft
Price per Sqft $1,005
MLS Listing ID 2601142
Style Bungalow
Bedrooms 2
Full Baths 1
Construction Status Good
HOA Y/N No
Year Built 1930
Annual Tax Amount $4,056
Lot Size 4,800 Sqft
Acres 0.11
Lot Dimensions 60X40
Property Sub-Type Single Family Residence
Source Staten Island Multiple Listing Service
Property Description
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 Richmond
Area New Dorp
Zoning R-3X
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Hot Water
Cooling Units
Exterior
Parking Features Off Street
Porch true
Garage No
Building
Lot Description Front Yard, Back Yard, Side
Sewer Public Sewer
Architectural Style Bungalow
Structure Type Vinyl Siding
New Construction No
Construction Status Good
Others
Tax ID 04091-0031
Virtual Tour https://app.doaudiotours.com/unbranded?id=17423&lang=en-US
GET MORE INFORMATION
