506 E 188th Street
Bronx, NY 10458
10
Bed
3
Bath
0.04Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Basement: Storage Space -
Interior Features
High Ceilings -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1901 Building Area Total: 3216 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.0436 Lot Size Square Feet: 1900
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Listing Price Information
Listing Price: $1468000
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Tax Information
Parcel Number: 03057-0024 Annual Tax: $6958.68
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Virtual Tour
Parking Information
On Street
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School Information
Elementary School: Ps 59 Comm School Of TechnologyJunior High School: Jhs 118 William W NilesSenior High School: Fordham High School For The Arts -
Utility Information
Natural Gas Available, Natural Gas Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2471 B Crotona Avenue, Bronx, NY, 10458 | $1,000,000 | -- | -- | -- | -- |
| 2458 Lorillard Place, Bronx, NY, 10458 | $1,599,000 | 11 | 5 | -- | 0.05 Acre |
| 2418 Lorillard Place, Bronx, NY, 10458 | $875,000 | 4 | 2 | -- | 0.06 Acre |
| 2830 Marion Avenue, Bronx, NY, 10458 | $1,300,000 | 6 | 2 | -- | 0.13 Acre |
| 514 E 188th Street, Bronx, NY, 10458 | $1,599,000 | 11 | 6 | -- | 0.04 Acre |
| 243 Bedford Park Boulev.., Bronx, NY, 10458 | $1,250,000 | -- | -- | -- | 0.06 Acre |
| 330 E 198th Street, Bronx, NY, 10458 | $1,150,000 | 12 | 6 | -- | 0.06 Acre |
| 2854 Briggs Avenue, Bronx, NY, 10458 | $989,000 | 6 | 3 | -- | 0.06 Acre |
| 2304 Bassford Avenue, Bronx, NY, 10458 | $899,000 | 7 | 3 | -- | 0.05 Acre |
| 2350 Washington Avenue, Bronx, NY, 10458 | $999,999 | -- | -- | -- | 0.03 Acre |
Similar Multifamily To 506 E 188th Street
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved
ByOwner last updated this listing 10/03/2026 @ 13:05
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