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506 E 183rd St, Bronx, NY, 10458

$875,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
2,112 SqFt
$414/SqFt
House

Location

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506 E 183rd St, Bronx$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1901
HeatingBaseboard
CoolingNone
MLS #800349
Lot Size0.03 Acres
StatusActive

About 506 E 183rd St

Investor's Dream Opportunity in the South Bronx! Welcome to 506 E 183rd Street, a fully renovated legal two-family home offering incredible potential for both investors and homeowners. This beautifully updated property features a spacious 7-bedroom, 4-bathroom duplex on the upper level, showcasing modern kitchens with sleek finishes and elegant bathrooms that exude contemporary luxury. Below, a separate 2-bedroom, 1-bathroom walk-in unit adds further rental income or extended family living options. Situated in a thriving neighborhood, this property is perfect for generating steady rental income or accommodating multi-generational living. Don't miss this rare chance to own a prime piece of South Bronx real estate!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1901
  • Living Area: 2,112 SqFt

Listing Office:

  • Office Name: WW Realty Group Inc
  • Office Phone: (917) 319-8892

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $414/SqFt

Tax Information:

  • Annual Amount: $3,379
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. Sold Price

$592.3K

Med. Price/SqFt

$348

Avg. Days On Market

60

# of Sold Homes

164

506 E 183rd St vs Bronx

39 DAYS ON ROCKET

-21 Days

$875,000

+$282.6K More

$414/SqFt

+$66 More

KEY TAKEAWAY

This property is $282.6K more than the Median Sold Price and $66/SqFt more than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #800349

Listing Office:

  • Office Name: WW Realty Group Inc
  • Office Phone: (917) 319-8892

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/27/2024, 10:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 20, 2004Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,379$35,760
2018$3,177$15,186
2017$2,803$14,588

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1759112
4
/10

  • PS 159 Luis Mumoz Marin Biling

  • 2315 Washington Ave

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-1759113
3
/10

  • P.S. 59 The Community School of Technology

  • 2185 Bathgate Ave

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-1759114
3
/10

  • P.S. 23 The New Children's School

  • 2151 Washington Ave

  • 0.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,654. Most Bronx, NY residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 E 183rd St

What is the listing price of this property?

The listing price of 506 E 183rd St property is $875,000.

What type of property is this?

The property 506 E 183rd St is a house located in Bronx, New York, 10458.

Is this property for sale now?

Active Listing: 506 E 183rd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,379 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2004 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 E 183rd St has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 506 E 183rd St is 2,112 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 E 183rd St is 1901.

Rocket Homes›New York›Bronx County›Bronx›10458›506 E 183rd St

This home is located at 506 E 183rd St in Bronx, NY and zip code 10458 in the Southwest Bronx neighborhood. This 2,112 square foot home, which was built in 1901, sits on a 0.03 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $875,000.

In November 2024, from all listings sold in Bronx, NY there were more than 52 sold above asking price, over 75 sold below and more than 37 were sold right at the asked price. In November 2024 in Bronx, NY there were 6% less homes for sale than in October 2024. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $592,317.

From Rocket Homes Real Estate and based on county public records data.

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