506 E 188th St Bronx, NY 10458
Belmont NeighborhoodEstimated payment $8,868/month
Highlights
- High Ceiling
- 5-minute walk to Fordham Station
- 3-minute walk to Ciccarone Park
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.
Listing Agent
EXIT Realty Private Client Brokerage Phone: 914-222-1000 License #10401274133 Listed on: 09/15/2026
Co-Listing Agent
EXIT Realty Private Client Brokerage Phone: 914-222-1000 License #10311206017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,959
Year Built
- Built in 1901
Lot Details
- 1,900 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
Interior Spaces
- High Ceiling
- Basement Storage
Bedrooms and Bathrooms
- 10 Bedrooms
- 3 Full Bathrooms
Schools
- Ps 59 Comm School Of Technology Elementary School
- JHS 118 William W Niles Middle School
- Fordham High School For The Arts
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 03057-0024
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,959 | $36,163 | $3,971 | $32,192 |
| 2025 | $6,881 | $34,646 | $3,917 | $30,729 |
| 2024 | $6,881 | $34,260 | $4,349 | $29,911 |
| 2023 | $6,637 | $32,678 | $4,467 | $28,211 |
| 2022 | $6,226 | $47,940 | $7,800 | $40,140 |
| 2021 | $6,342 | $47,340 | $7,800 | $39,540 |
| 2020 | $6,111 | $49,260 | $7,800 | $41,460 |
| 2019 | $5,972 | $40,440 | $7,800 | $32,640 |
| 2016 | $5,020 | $25,113 | $7,628 | $17,485 |
| 2015 | $949 | $24,060 | $8,640 | $15,420 |
| 2014 | $949 | $23,792 | $7,321 | $16,471 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2026 09/15/26 | For Sale | $1,468,000 | -- | $456 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | -- | |
| Deed | -- | -- | |
| Bargain Sale Deed | $265,000 | Commonwealth Land Title Ins | |
| Executors Deed | -- | Fidelity National Title Ins | |
| Bargain Sale Deed | -- | Fidelity National Title Ins | |
| Bargain Sale Deed | $7,000 | Fidelity National Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $273,000 | No Value Available | |
| Previous Owner | $64,000 | No Value Available | |
| Closed | $224,000 | No Value Available | |
| Previous Owner | $238,500 | No Value Available |
Source: OneKey® MLS
MLS Number: 1049044
APN: 03057-0024
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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