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506 E 188th Street

$1,468,000

Est. $8,011/mo

Bronx, NY 10458 · The Bronx

Beds
10
Baths
3
Status
Active
On site
48 days

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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.

Listed with EXIT Realty Private Client · Lumnije Kacic · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 1, 2026, 8:07 PM ET. ©2026 One Key MLS.

Estimate your monthly payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.

$8,010.90Total / mo

Estimated monthly payment

Principal & interest
$7,230.98(90.3%)
Taxes
$579.92(7.2%)
Insurance
$200.00(2.5%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Bronx, NY

Current listings

New in the last 30 days

351

Nov 2026

Average price

Active listings

$767,709

Nov 2026

Average days on market

Active listings

170 days

Nov 2026

Computed from 2,245 active OneKey MLS listings in Bronx, NY.

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