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506 E 183rd StreetBronx, NY 10458

For Sale

$850,000

Smart Buyer Rebate $8,750

Welcome to 506 E 183rd Street, an exceptional, fully renovated legal 2-unit home offering a prime investment opportunity in the heart of the South Bronx. This meticulously updated property is ideal for investors looking to expand their portfolio or buyers seeking strong rental income potential.

The upper level features a spacious 7-bedroom, 3-bathroom duplex, completely transformed for modern living. The residence showcases luxurious finishes and contemporary design throughout. The modern kitchen offers sleek countertops, high-end stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining. The elegant bathrooms include stylish fixtures and beautiful tilework, creating a spa-like atmosphere. The expansive layout provides plenty of room to enjoy both privacy and shared living areas.

The lower level includes a separate 2-bedroom, 1-bathroom walk-in unit that offers excellent flexibility. It can be used as an income-producing rental, guest accommodations, or additional living space, significantly enhancing the property’s overall value. With its own private entrance, the unit offers comfort and privacy while remaining part of the same building.

Located in a thriving South Bronx neighborhood undergoing rapid growth and revitalization, 506 E 183rd Street is conveniently close to major transportation, shopping, dining, parks, and schools, making it highly appealing to both occupants and tenants.

With modern updates, generous square footage, and a prime location, this property stands out as a rare opportunity in the South Bronx market.

Listed by Eyal Sagi

·

WW Realty Group Inc

·

917-319-8892

Last updated January 25, 2026

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Source: OneKey #952770

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Tremont
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu12
  • Taxes$3,811.36/year

Location

Mortgage Calculator

Listing History

01/18/2026
Listed by WW Realty Group Inc
$850,000

Estimated Closing Costs

Total
$26,415
Attorney Fees
$4,000
Title Insurance
$3,825
Bank Attorney
$1,500
Mortgage Recording Tax
$13,090
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $850,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 506 E 183rd Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1901
  • Architectural Style: Other
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,112
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 1,682
  • Lot Size Square Feet: 1,316

Financial

Taxes

  • Parcel Number: 03050-0064
  • Tax Annual Amount: $3,811.36
  • Tax Assessed Value: $48,360.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Other

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Other

Schools

Elementary School

  • Elementary School District: Bronx

High School

  • High School District: Bronx

Middle or Junior School

  • Middle Or Junior School District: Bronx

Utilities

Equipment

  • Heating: Electric, Other
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 3 bathrooms in this multi-family home at 506 E 183rd Street.

What are the annual taxes for 506 E 183rd Street?

Annual taxes for this multi-family home are estimated at $3,811.

How does 506 E 183rd Street compare to other multi-family homes in East Tremont?

This multi-family home is listed 33% below the average price for multi-family homes in East Tremont and has been on the market for 154 less days than the typical home in this area.

506 E 183rd Street is a 7-bedroom, 3-bath multi-family home for sale in Bronx NY 10458. On Prevu for 12 days at $850,000. This home is located in East Tremont. The median listing price for multi-family homes in this area is $817,999. View other multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.