506 E 183rd Street
Bronx, NY 10458
East Tremont- 7 Beds
- 3 Baths
- 2,112 sqft
7 Beds
3 Baths
2,112 sqft
Home Highlights
Price/Sqft
$402
Listed
18 days ago
Climate Control
Electric Heating
Local Information
-- mins to
About this House
Presenting a meticulously renovated, legal 2-family residence situated at 506 E 183rd Street in the rapidly evolving South Bronx. Engineered for contemporary living, modern efficiency, and strong cash flow, this turnkey property delivers a standout investment and residential opportunity in one of the borough's most active markets.
Interior Features & Layout
Configuration: A total of seven bedrooms and three bathrooms across two separate, fully updated units.
Upper Residence: A spacious 5-bedroom, 2-bathroom duplex featuring an open-concept flow, abundant natural light, and a modern kitchen equipped with sleek countertops, premium stainless steel appliances, and upgraded bathrooms with elegant tilework and stylish fixtures.
Lower Residence: A separate 2-bedroom, 1-bathroom walk-in unit with its own private entrance, offering exceptional flexibility for extended family arrangements or rental income generation.
Financial & Investment Highlights
Income Potential: Estimated monthly rental income ranges from $3,000 to $4,000 for the upper duplex and $3,200 to $3,800 for the lower unit.
Monthly & Annual Projections: Combined projected gross monthly income between $6,200 and $7,800, translating to an estimated annual revenue between $74,000 and $94,000.
Strategy: Ideal for an owner-occupant seeking rental income support or an investor looking for a fully stabilized, low-maintenance asset.
Prime Location
Strategically positioned on a well-connected block benefiting from ongoing neighborhood development, offering close proximity to subway lines, bus routes, local schools, grocery stores, restaurants, and parks for a seamless commute into Manhattan and surrounding boroughs.
Professional representation and post-closing rental management and tenant-placement services available to ensure smooth transition and immediate cash flow optimization.
Interior Features & Layout
Configuration: A total of seven bedrooms and three bathrooms across two separate, fully updated units.
Upper Residence: A spacious 5-bedroom, 2-bathroom duplex featuring an open-concept flow, abundant natural light, and a modern kitchen equipped with sleek countertops, premium stainless steel appliances, and upgraded bathrooms with elegant tilework and stylish fixtures.
Lower Residence: A separate 2-bedroom, 1-bathroom walk-in unit with its own private entrance, offering exceptional flexibility for extended family arrangements or rental income generation.
Financial & Investment Highlights
Income Potential: Estimated monthly rental income ranges from $3,000 to $4,000 for the upper duplex and $3,200 to $3,800 for the lower unit.
Monthly & Annual Projections: Combined projected gross monthly income between $6,200 and $7,800, translating to an estimated annual revenue between $74,000 and $94,000.
Strategy: Ideal for an owner-occupant seeking rental income support or an investor looking for a fully stabilized, low-maintenance asset.
Prime Location
Strategically positioned on a well-connected block benefiting from ongoing neighborhood development, offering close proximity to subway lines, bus routes, local schools, grocery stores, restaurants, and parks for a seamless commute into Manhattan and surrounding boroughs.
Professional representation and post-closing rental management and tenant-placement services available to ensure smooth transition and immediate cash flow optimization.
Last check for updates: about 23 hours ago
Listing by: WW Realty Group Inc, (917) 319-8892
Eyal Sagi, (917) 319-8892
Source: OneKey® MLS as distributed by MLS GRID, MLS#1035106

Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 506 E 183rd Street
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Appliances & Utilities Utilities: None |
Heating & Cooling Heating: Electric,OtherNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric |
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Parking & Garage No CarportNo GarageParking: Other |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 201Days on Market: 18 |
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Year Built Year Built: 1901 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi FamilyArchitecture: Other |
Building Construction Materials: FrameNot Attached Property |
Property Information Parcel Number: 030500064 |
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Price List Price: $850,000Price Per Sqft: $402 |
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MLS Status: Active |
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Direction & Address City: Bronx |
School Information Elementary School: Contact AgentJr High / Middle School: Call Listing AgentHigh School: Contact AgentHigh School District: Contact Agent |
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Listing Agent Listing ID: 1035106 |
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Building Area Building Area: 2112 Square Feet |
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Not Senior Community |
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Lot Area: 1316 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Agency |
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Mls Number: 1035106Attic: NoneShowing Requirements: Call Listing Office |
Around this home
What Locals Say about East Tremont
At least 483 Trulia users voted on each feature.
87 % Say there are sidewalks
85 % Say it's walkable to grocery stores
80 % Say it's dog friendly
78 % Say it's walkable to restaurants
64 % Say there's holiday spirit
63 % Say kids play outside
58 % Say streets are well-lit
43 % Say neighbors are friendly
42 % Say car is needed
37 % Say yards are well-kept
36 % Say there's wildlife
35 % Say they plan to stay for at least 5 years
34 % Say people would walk alone at night
33 % Say there are community events
29 % Say it's quiet
26 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | $940,000 | 04/23/26 | 8 | 3 | 2,205 | |
0.27 | Multi-Family Home | $860,000 | 03/04/26 | 7 | 2 | 3,300 | |
0.52 | Multi-Family Home | $865,000 | 11/26/25 | 8 | 3 | 3,450 | |
0.51 | Multi-Family Home | $750,000 | 11/19/25 | 6 | 2 | 2,390 | |
0.65 | Multi-Family Home | $950,000 | 01/02/26 | 7 | 3 | 1,406 | |
0.54 | Multi-Family Home | $800,000 | 11/14/25 | 7 | 2 | 2,448 | |
0.50 | Multi-Family Home | $850,000 | 10/27/25 | 5 | 2 | 2,080 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $999,999 | 7 | 2.5 | - | For Sale | |
0.04 | $950,000 | 7 | 3 | 2,960 | For Sale | |
0.04 | $899,400 | 7 | 3 | 2,652 | Off Market | |
0.00 | $850,000 | 7 | 3 | 2,112 | For Sale | |
0.10 | $655,000 | 6 | 2 | 1,248 | Recently Sold | |
0.06 | $510,000 | 5 | 2 | - | Recently Sold | |
0.06 | $887,500 | Studio | - | - | Recently Sold | |
0.07 | $1,350,000 | 11 | 5 | 3,850 | For Sale | |
0.09 | $621,100 | 3 | 2 | 1,705 | Off Market | |
0.15 | $1,100,000 | 10 | 3 | - | For Sale | |
0.10 | $1,025,000 | 9 | 3 | 2,640 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 18, 2025 Source: StreetEasy #S1803813 | PriceChange | $850,000 Price increased by 9% |
Apr 30, 2025 Source: OneKey® MLS as distributed by MLS GRID #841147 | PriceChange | $780,000 Price decreased by 8% |
Mar 28, 2025 Source: OneKey® MLS as distributed by MLS GRID #841147 | PriceChange | $850,000 Price increased by 0% |
Feb 25, 2025 Source: StreetEasy #S1755969 | PriceChange | $849,999 Price decreased by 0% |
Feb 7, 2025 Source: OneKey® MLS as distributed by MLS GRID #816944 | PriceChange | $850,000 Price decreased by 3% |
Nov 17, 2024 Source: OneKey® MLS as distributed by MLS GRID #H800349 | PriceChange | $875,000 Price increased by 10% |
Oct 7, 2024 Source: StreetEasy #1721225 | PriceChange | $799,000 Price decreased by 9% |
Aug 14, 2024 Source: OneKey® MLS as distributed by MLS GRID #H6317866 | PriceChange | $875,000 Price decreased by 3% |
Jun 7, 2024 Source: StreetEasy #1721225 | Listed For Sale | $899,000 |
Mar 28, 2024 Source: OneKey® MLS as distributed by MLS GRID #H6285219 | Sold | $487,700 |
Mar 6, 2024 Source: OneKey® MLS as distributed by MLS GRID #H6285219 | Pending | $469,900 |
Jan 19, 2024 Source: OneKey® MLS as distributed by MLS GRID #H6285219 | Listed For Sale | $469,900 |
Jul 3, 2021 Source: OneKey® MLS as distributed by MLS GRID #H6091115 | ListingRemoved | |
May 15, 2021 Source: OneKey® MLS as distributed by MLS GRID #H6091115 | Listed For Sale | $479,900 |
Jan 28, 2021 Source: Auction.com 4 | ListingRemoved | $0 |
Oct 3, 2020 Source: Agent Provided | Listed For Sale | $555,000 |
Aug 16, 2019 Source: N/A | Sold | $477,134 |
Aug 11, 2012 Source: Agent Provided | ListingRemoved | $250,000 |
Sep 20, 2011 Source: Agent Provided | Listed For Sale | $250,000 |
Sep 20, 2004 Source: N/A | Sold | $330,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,848 | $730,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eyal Sagi, WW Realty Group Inc, (917) 319-8892
Agent Phone: (917) 319-8892

Based on information submitted to the MLS GRID as of 2026-08-22 10:53:02 PDT 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 506 E 183rd Street
- What is the estimated monthly payment for 506 E 183rd Street?Based on a $850,000 list price with 20% down at today's rates, the estimated monthly payment for 506 E 183rd Street in Bronx, NY is approximately $5,150 (about $4,388 principal & interest, $687 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 506 E 183rd Street compare to homes in Bronx?506 E 183rd Street in Bronx, NY is listed at $850,000, about 7% above the $794K median sale price in Bronx.
- What do residents say about the East Tremont neighborhood?Residents describe the East Tremont neighborhood in Bronx, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in East Tremont, Bronx.
- What are the closest schools to 506 E 183rd Street?The closest schools to 506 E 183rd Street in Bronx, NY are Jhs 118 William W Niles (Middle, rated 6/10), Ps 59 The Community School Of Technology (Pre-K/Elementary, rated 2/10), Theatre Arts Production Company School (Middle/High, rated 5/10).
- Does 506 E 183rd Street have parking?Yes, 506 E 183rd Street in Bronx, NY has on-site parking.
- Is there a virtual tour of 506 E 183rd Street?Yes, a virtual tour of 506 E 183rd Street in Bronx, NY is available.
506 E 183rd Street, Bronx, NY 10458 is a 7 bedroom, 3 bathroom, 2,112 sqft multi-family built in 1901. 506 E 183rd Street is located in East Tremont, Bronx. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Aug 5, 2026. The MLS # for this home is MLS# 1035106.

