Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $850,000

· Closed August 18, 2023

2550 Cruger Avenue
Closed For Sale Multi Family

$850,000

$335 per sq ft

2550 Cruger Avenue

Morris Park, Bronx

MLS® #RLS10882153

RLS at REBNY

Listing by Compass

5

Bedrooms

2

Baths

2,540

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Living Area 2,540 sq ft
Year Built 1910
Neighborhood Morris Park

Property Highlights

  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Total Rooms 12
Baths 2 Full
Pets Yes
Cross Street Mace Avenue/Allerton Avenue
Year Built 1910
Living Area 2,540 sq ft
Parcel # 04434-0026
Block/Lot 4434/26

Listing History

Event Date Price Change
Listed May 10, 2023 $850,000 -
Price Reduced Aug 28, 2023 $575,000 -32.4%

Description

Investment Opportunity: Two-Family property with a full basement and a detached 2-car garage in the Bronx (Allerton). Zoned R6 with plenty of upside potential. Introducing 2550 Cruger Ave, a two-family residence primed for renovation, located in the desirable Allerton neighborhood of Bronx, NY. The property, spanning 2,540 sq ft and situated on a 2,499 sq ft lot (25 x 100), is zoned R6 and offers substantial space for a profitable refurbishment. Each unit provides a unique scope for an investor. A very large three bedroom and one bath over a two bedroom and one back. While the property requires renovation, its strategic location offers excellent accessibility and buildable space. This property comes with a bonus of a two-car detached garage and a sturdy brick exterior. It has a new roof, gas lines, and a recently updated boiler. Currently vacant, this property allows the new owner to immediately embark on the renovation journey, shaping its future to their taste. Proximity to schools, shopping, restaurants, public transportation, and all this neighborhood has to offer.

Building Information

Morris Park is characterized by two-story brick rowhouses and detached single-family homes built between the 1920s and 1940s. The neighborhood maintains a consistent, low-rise architectural profile. Commuters utilize the IRT Dyre Avenue Line via the 5 train.

Morris Park Live Market Data

View Neighborhood

Active Listings

1

Median Asking Price

$1.10M

Median $/Sqft

N/A

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/5/26, 10:25 AM EST

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Location

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2550 Cruger Avenue, Morris Park, Bronx County • Near Mace Avenue/Allerton Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
8
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $274,050
Land Value: $74,250
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 3,960 SF
Built FAR: 1.58
Allowed FAR: 2.43

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

This property has 5 bedrooms and 2 full bathrooms.

The listed interior living area is 2,540 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

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

At the current list price of $850,000 for 2,540 sq ft, the asking price per square foot is approximately $335. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10882153
First Listed: 5/10/2023
Price Changed: 8/28/2023
Closed: 8/18/2023
Contract Date: 5/10/2023

Listing Courtesy of Compass - Rafael Barbosa

Listing Contact: (917) 435-6611

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 5/5/2026 at 2:25 PM UTC

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