Steve Loverde

506 E 188th Street , Bronx, NY 10458

$1,468,000
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Steve Loverde

MLS#1049044
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBronx 10
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Property Description

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.

506 E 188th Street | MLS# 1049044

This multi-family property located at 506 E 188th Street , Bronx, NY 10458 is currently listed for sale with an asking price of $1,468,000. E 188th Street is located within the Bronx 10 school district. Search Bronx real estate on steveloverde.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Storage Space
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.04 Acres
Taxes: $6,958
Year Built: 1901

Amenities

High Ceilings

Feature Descriptions

Building Area Total: 3216
Days on Site: 21
Exterior: Brick
On Market Date: 2026-09-15
Parcel Number: 03057-0024
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Natural Gas Connected
Water: Public

Local Schools

High School: Fordham High School For The Arts
Middle School: Jhs 118 William W Niles
Elementary School: Ps 59 Comm School Of Technology
School District: Bronx 10

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Estimated Payment

$ 4,275.13 per month $3,267.13 Principal & Interest $579.83 Property Tax $428.17 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: EXIT Realty Private Client
Agency Contact: 914-222-1000

Shown By

Agent Name: Steve Loverde
Agent Phone:
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 10/07/2026. The listing information on this page last changed on 10/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 10/07/2026 12:01:06 AM EST) or OneKey MLS (last updated Tue 10/06/2026 11:53:19 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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