Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $200,000

· Closed January 30, 2017

2550 Independence Avenue #2D
Closed For Sale Co-op

$200,000

$250 per sq ft

2550 Independence Avenue #2D

Riverdale, Bronx

THE BURTON

MLS® #RLS10038694

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

800

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 800 sq ft
Year Built 1959
Ownership Co-op
Maintenance $661.56/mo
Parking Garage
Neighborhood Riverdale
Floor 2

Property Highlights

  • Exposure: East facing
  • Climate Control: Wall Units
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2
Exposure East
Cooling Wall Units
Pets Yes
Cross Street KAPPOCK ST
Year Built 1959
Living Area 800 sq ft
Parking Garage Available
Parcel # 05743-0203-02550-000-000002D

Listing History

Event Date Price Change
Listed Aug 25, 2016 $205,000 -
Currently May 9, 2026 $200,000 -2.4%

Description

Contract signed.Our newest listing at The Burton, a wonderful coop in Riverdale's Spuyten Duyvil section, is this lovely 2nd floor apt.The apt is spacious and bright, with windows in every room, and features a large corner bedroom, as well as a good sized living room with dining area and a home office, a windowed kitchen, a windowed bathroom, hardwood floors throughout and tons of closet space. Great location, and the building is dog-friendly! The low maintenance includes heat & hot water, and cooking gas. Conveniently located just 3-4 minutes from Metro North's Spuyten Duyvil station (just 23 minutes to Grand Central Station), and at the corner of Kappock St where one can access local and express buses to the city and subway, nearby (Knolls Crescent) shopping and surrounded by parks! 2550 Independence Ave has a live-in superintendent, part-time doorman, central laundry & bicycle rooms, and a newly outfitted gym / fitness room. Feel free to contact us for an appointment to view this apartment. Note: The sale of this apartment requires board approval. Monthly Maintenance is $661.56, and there is currently a $73.00 / month Capital Reserve Assessment for capital improvements. 90% financing is okay, and this coop is dog-friendly. Additionally, the building next door to The Burton offers shareholders at The Burton seasonal membership for the use of their outdoor pool. Cost for that membership is approximately $200 for one and approximately $450 for a up to four individuals.

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Maintenance $661.56/mo
Original Price $205,000
Sale Price $200,000
Previous Price $205,000

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

18

Median Asking Price

$377K

Median $/Sqft

$388

Avg Days on Market

N/A

New This Week

1

Price Reduced

39%

Sold (30 Days)

0

Median Sale Price

$309K

Live data from RLS at REBNY • Updated 5/9/26, 2:35 AM EST

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Location

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2550 Independence Avenue #2D, Riverdale, Bronx County • Near KAPPOCK ST

Floor Plans

Floor Plan 1
Floor Plan 2

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 $661.56 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 800 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $200,000 for 800 sq ft, the asking price per square foot is approximately $250. 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 mcoste@kwnyc.com. 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: RLS10038694
First Listed: 8/25/2016
Price Changed: 1/31/2017
Closed: 1/30/2017
Contract Date: 8/25/2016

Listing Courtesy of The Corcoran Group - Lee Presser

Listing Contact: (347) 202-1151

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 5/9/2026 at 6:35 AM UTC

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