506 E 188th Street, Bronx, NY 10458

Bronx
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
506 E 188th Street,Bronx, NY 10458
$1,468,000
  • 10 Beds
  • 3 Baths
  • 3,216 sq. ft.
  • Multi-family
  • Active
Listed by: lumnije kacic, shtjefen saljanin
Office: exit realty private client
MLS#:1049044
Source:OneKey MLS

Price summary

  • Price:$1,468,000
  • Price per sq. ft.:$456.47

About this home

Excellent investment opportunity in the Belmont section of the Bronx. This fully occupied three-family property is currently rented to students, with leases in place through 2027, providing immediate and stable rental income for the next owner. Ideally located near Fordham University, Arthur Avenue, shopping, dining, and public transportation. A strong opportunity for an investor seeking a well-located, income-producing multifamily property with established tenancy already in place.

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Home facts

  • Year built:1901
  • Listing ID #:1049044
  • Added:5 day(s) ago
  • Updated:September 21, 2026 at 11:04 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Living area:3,216 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1901
  • Building area:3,216 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick

Schools

  • High school:Fordham High School For The Arts
  • Middle school:Jhs 118 William W Niles
  • Elementary school:Ps 59 Comm School Of Technology

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,468,000
  • Price per sq. ft.:$456.47
  • Tax amount:$6,959 (2025)

Features and amenities

  • Amenities:High Ceilings

Parking

  • Parking description:On Street
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