Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $525,000

· Closed April 13, 2021

2550 Independence Avenue #1B
Closed For Sale Co-op

$525,000

2550 Independence Avenue #1B

RIVERDALE, Bronx

MLS® #RLS10668233

RLS at REBNY

Listing by Elliman

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1959
Ownership Co-op
Maintenance $1,182/mo
Parking Garage
Neighborhood RIVERDALE
Floor 99 of 7

Property Highlights

  • Views: Park Greenbelt, River
  • Exposure: West facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 99 of 7
View Park Greenbelt, River
Exposure West
Pets Yes
Cross Street Kappock Avenue
Year Built 1959
Parking Garage Available
Architectural Style Prewar
Parcel # 05743-0203-02550-000-000001B

Listing History

Event Date Price Change
Listed Sep 13, 2020 $525,000 -
Currently Jun 10, 2026 $525,000 -

Description

ALL OPEN HOUSES ARE BY APPOINTMENT ONLY! No elevator needed in this dream home. If you are on the hunt for your own private entrance to a fully renovated and custom home then look no further. Easily entertain in the expansive chefs kitchen with eye-catching details such as Calacatta marble counters, and custom cabinetry. Other upgrades include under cabinet lighting, built-in media cabinet, speakers and subwoofer. There are oak floors throughout and a bright sunny Western exposure. There are several closets but there is an oversized walk-in with custom shelving and organizers. There is a spacious master bedroom with an en suite bath. The two other bedrooms are also large in size and the second bathroom has been fully updated as well. Live in luxury with all the amenities of a doorman building but feel as if you're living in a private home. The Burton is a co-op in the Spuyten Duyvil section of Riverdale with exceptionally low maintenance. The building allows for 10% down purchases which provides an amazing opportunity to buy into this amazing co-op. The building is in an amazing location with Paul's Park right outside your door and walkable to the Metro-North, local and express busses, shopping and restaurants. There is an updated gym, laundry, part-time doorman, community garden, private lawn and live-in super. The Burton residents are also eligible to purchase pool passes to the neighboring building. Parking is wait listed but options are available.

Features & Amenities

Exterior Features

Garden

Building Information

Financial Details

Maintenance $1,182/mo
Sale Price $525,000

Riverdale is structured by historic brick rowhouses and multi-story apartment complexes. The neighborhood is connected by several subway lines, providing easy transit access. Key natural features include large local parks, while established commercial avenues serve as important landmarks.

RIVERDALE Live Market Data

View Neighborhood

Active Listings

25

Median Asking Price

$499K

Median $/Sqft

$488

Avg Days on Market

N/A

New This Week

3

Price Reduced

16%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 6/10/26, 3:41 AM EST

Recently Sold in RIVERDALE

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Location

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2550 Independence Avenue #1B, RIVERDALE, Bronx County • Near Kappock Avenue

Building Information

Official NYC property records for this building

1959
Year Built
67 years old
7
Floors
142
Residential Units
R6A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $7,065,450
Land Value: $805,500
Exemptions: $266,405

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 81,225 SF
Building Area: 200,314 SF
Built FAR: 2.47
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,182 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1959, making it approximately 67 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10668233
First Listed: 9/13/2020
Price Changed: 2/5/2021
Closed: 4/13/2021
Contract Date: 9/14/2020

Listing Courtesy of Elliman - Michelle Badour

Listing Contact: (469) 831-3581

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/10/2026 at 7:41 AM UTC

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