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$1,468,000

506 188 St

Bronx, NY
Active
10
Bedrooms
3
Bathrooms
3,216
Square Feet
0.04
Lot Size (acres)
1901
Year Built
33
Days On Market

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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Listing Information

Listing Updated
29 days ago
Listed By
Lumnije Kacic · EXIT Realty Private Client, 9142221000
MLS#
1049044
Source
OneKey MLS
Status
Active

Facts & Features

Location

Community Information

Address
506 E 188 St, Bronx, NY 10458
City
Bronx
County
Bronx
Zip Code
10458

Architecture

Bedrooms
10
Bathrooms
3
Year Built
1901
Construction Materials
Brick
Building Area
3,216 sq. ft.
Garage Spaces
0
Parking Features
On Street

Features & Amenities

Interior Features
High Ceilings
Cooling
Wall/Window Unit(s)
Heating
Natural Gas

Property Features

Lot Size
0.04 Acres
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected

Square Footage

Total
3,216 sq. ft.

Tax & Financial Information

List Price
$1,468,000
Annual Taxes
$6,958

Schools

56/100
Fordham High School For The Arts
High · Grades 09–12 · 0.2 mi
Assigned school for this home
City
Bronx
Students
351
Parent reviews
3.0★ avg · 2 reviews
Student body
66% Hispanic / Latino · 27% Black · 3% Asian
Free/reduced lunch
88%
Phone
(718) 733-4656
99/100
Is 254
Middle · Grades 06–08 · 0.1 mi
City
Bronx
Students
468
Parent reviews
5.0★ avg · 2 reviews
Student body
78% Hispanic / Latino · 18% Black · 3% Asian
Free/reduced lunch
78%
Phone
(718) 220-8700
75/100
Bronx High School For Law And Community Service
High · Grades 09–12 · 0.2 mi
City
Bronx
Students
406
Parent reviews
5.0★ avg · 2 reviews
Student body
67% Hispanic / Latino · 28% Black · 3% White
Free/reduced lunch
90%
Phone
(718) 733-5274
72/100
Ps 59 Community School Of Technology (The)
Elementary · Grades PK–05 · 0.4 mi
City
Bronx
Students
430
Parent reviews
5.0★ avg · 2 reviews
Student body
62% Hispanic / Latino · 35% Black · 2% White
Free/reduced lunch
98%
Phone
(718) 584-4730
70/100
Ps 205 Fiorello Laguardia
Elementary · Grades KG–05 · 0.4 mi
City
Bronx
Students
936
Parent reviews
5.0★ avg · 2 reviews
Student body
80% Hispanic / Latino · 12% Black · 6% White
Free/reduced lunch
89%
Phone
(718) 584-6390
63/100
Ps 209
Elementary · Grades PK–02 · 0.4 mi
City
Bronx
Students
274
Parent reviews
4.0★ avg · 2 reviews
Student body
83% Hispanic / Latino · 16% Black · 1% Asian
Free/reduced lunch
96%
Phone
(718) 364-0085
61/100
Jonas Bronck Academy
Middle · Grades 06–10 · 0.2 mi
City
Bronx
Students
267
Parent reviews
3.7★ avg · 6 reviews
Student body
73% Hispanic / Latino · 17% Black · 5% Asian
Free/reduced lunch
87%
Phone
(718) 365-2502
56/100
Ps 85 Great Expectations
Elementary · Grades PK–05 · 0.3 mi
City
Bronx
Students
916
Student body
71% Hispanic / Latino · 27% Black · 1% Asian
Free/reduced lunch
95%
Phone
(718) 584-5275

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/15/2026Listed for sale$1,468,000

Listed by Lumnije Kacic · EXIT Realty Private Client · 9142221000

Listing information 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 by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: September 19, 2026 at 5:13 PM | Source: OneKey MLS | MLS#: 1049044

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