Updated 9 years ago
Off Market

506 East 188th Street

Belmont, Bronx | Washington Ave & Bathgate Ave

9 Beds3 Baths4,368 Square FeetMulti-Family

floors / apts3 / 3
Lot Size20'x95'
Built Size20'x95'
Building TypeTownhouse
RE Taxes$3,600
Price Per SF

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom

Property Description for 506 East 188th Street

> Gorgeous 3-story 3-family brick house (4,368 SF) for sale. > Located near Fordham University (2 blocks), Fordham Shopping Center and close to B, D, trains, and 4 and 2 train. > R6 zoning. > New gas boiler was installed 3 years ago. > It has a backyard and a small front yard. > Great income producing property. > There are two 4BR units (2d & 3rd Floors) and one 2BR unit in the building. > A 2 BR unit will be delivered vacant. > Rent Roll: 1st Floor 2BR – $1550 (previous tenant’s rent, can now rent for $1700); 2d floor – $1890 (1 year remaining);3rd Floor $1755 (MTM Lease) > Annual Income: 1st Floor 2BR $18,600; 2d flo 4 BR $22,680; 3rd floor 4BR $21,060; Total: $62,340 > Annual Est. Expenses: Taxes $3600; Water $1,292.00; Heat/Common Area Electric $3,896.00; Insurance $1,987.00; Total Est. Expenses $10,775.00 > To arrange for showing please call Elena 646 593 7207 or Rene 917-657-2090. Need to pre-qualify first.

Listing History for 506 East 188th Street

POM by Yelena Ravich
Rakita Realty Inc.
Back on the Market by Yelena Ravich
Rakita Realty Inc.

Building Details for 506 East 188th Street

Building TypeTownhouse
Service LevelVoice Intercom
Year Built1901
Learn More About the Building

Transit and Citi Bike


Fordham Rd
0.48 miles


FordhamMetro-North Railroad
0.26 miles

Citi Bike

E 187 St & 3 Ave
0.07 miles
E 189 St & Bathgate Ave
0.1 miles

Contact Agent

Contact Agent

Yelena Ravich
Rakita Realty Inc.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 41589TH