Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $275,000

· Closed January 6, 2022

2550 INDEPENDENCE Avenue #2V
Closed For Sale Co-op

$275,000

$324 per sq ft

2550 INDEPENDENCE Avenue #2V

Riverdale, Bronx

Burton

MLS® #RLS10029823

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

850

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 850 sq ft
Year Built 1959
Ownership Co-op
Maintenance $781/mo
Parking Garage
Neighborhood Riverdale
Floor 2 of 7

Property Highlights

  • Exposure: North,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 2 of 7
Exposure North,West
Pets Yes
Cross Street Kappock St and Palisade Avenue
Year Built 1959
Living Area 850 sq ft
Parking Garage Available
Parcel # 05743-0203-02550-000-000002V

Listing History

Event Date Price Change
Listed Sep 9, 2021 $292,000 -
Currently May 3, 2026 $275,000 -5.8%

Description

MOVE IN READY + 10% DOWNPAYMENT + 5 LARGE CLOSETS!!

Completely Renovated Large Jr4, suited in a prime location of Spuyten Duyvil section of South Riverdale.
As you walk into your new home you are welcomed into an entryway with a coat closet to your left. Entryway opens into an enormous living and dining room, with beautifully beamed 9ft ceilings that include diming energy efficient recessed LED lighting and wide plank strip oak hardwood floors that run throughout. White shaker style cabinets in the kitchen, topped off with Caesarstone Quartz countertop and stainless-steel appliances. Spacious pantry located just outside of kitchen.
Bedroom easily fits king-size bed and has HIS & HER WALK IN CLOSETS!! Additional den area currently being used as an at home office, can be used for whatever you can think of and/or be closed off. Commuter's dream! One block to metro North Station and Manhattan express buses run right outside the building. You can walk to a shopping center that includes any of your daily needs and wants, as well as two public parks across the street that include playgrounds and basketball courts. The building features a live-in superintendent, full-time porters, part-time doormen, garden, vegetable garden, gym, bicycle storage, two laundry rooms and indoor/outdoor parking. Building is PET friendly!

Features & Amenities

Exterior Features

Garden

Building Information

Financial Details

Maintenance $781/mo
Original Price $292,000
Sale Price $275,000
Previous Price $292,000

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

17

Median Asking Price

$359K

Median $/Sqft

$386

Avg Days on Market

N/A

New This Week

2

Price Reduced

35%

Sold (30 Days)

0

Median Sale Price

$309K

Live data from RLS at REBNY • Updated 5/2/26, 9:05 PM EST

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Location

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2550 INDEPENDENCE Avenue #2V, Riverdale, Bronx County • Near Kappock St and Palisade 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 $781 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 850 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 $275,000 for 850 sq ft, the asking price per square foot is approximately $324. 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: RLS10029823
First Listed: 9/9/2021
Price Changed: 11/17/2021
Closed: 1/6/2022
Contract Date: 8/27/2021

Listing Courtesy of Douglas Elliman Real Estate - Graciela C Berger Wegsman

Listing Contact: (718) 877-2787

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 5/3/2026 at 1:05 AM UTC

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