$1,468,000
Active
1 days on market
506 E 188th St
📍 Bronx, Bronx, NY 10458
10.0
Beds
3.0
Baths
3,216
Sqft
$456
Per sqft
1901
Year built
Land
Type
About this property
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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Amenities & features
Key facts
Established tenancy
1,900 sq ft lot
Built 1901
Property details
Property typeLand
Listing statusActive
Lot size1,900 sqft
Year built1901
Days on market1 days
MLS #1049044
Estimated monthly payment
Listing price$1,468,000
Down payment (20%)$293,600
Loan amount$1,174,400
Principal & interest (7%, 30yr)$7,813/mo
Property tax (est.)$1,427/mo
Home insurance (est.)$611/mo
Estimated total$9,851/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
