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2550 Independence Ave APT 2M, Bronx, NY, 10463

1beds
1baths
--sqft
$320,000
--price/sqft
$2,220/moest. monthly cost
$88,800/yrincome needed

About This Home

Exclusive Just Listed Lobby-Level Junior-4 (Convertible to 2-Bd.) Co-op with Doormen & Parking Availability This Junior-4 (convertible 2-bedroom), 1-bath apartment is on the lobby level at The Burton (2550 Independence Avenue), a postwar co-op building with part-time doormen in the Spuyten Duyvil section of Riverdale. Features include: an entry hall with 2 closets; a dining foyer; living room with east-facing windows; galley kitchen; dining room (which could be used as an office or small 2nd bedroom); windowed bathroom; hardwood parquet floors; 5 closets; east and south exposures; corner unit. Monthly Maintenance $968.51. Pets okay. Indoor and outdoor parking for rent subject to availability. The building enjoys a garden sitting area and has a fitness room and a bicycle room. Close to shops, parks, Metro-North trains and express buses to Manhattan’s East and West Sides.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1959

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Property

Details

  • Parcel number: 0574302032M
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$148$1,776
Property Taxes $208$2,496
Electricity $246$2,954
Total$2,220$26,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,114/yr
40% on housing$66,600/yr
45% on housing$59,200/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10463$348
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10463$498
Bronx County$409

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Listed for sale$300,000
2026-08-10Listing removed$320,000
2026-07-10Listed for sale$320,000

For Sale by Agent

AgentArlene Trebach
BrokerageTrebach Realty

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