2550 Olinville Avenue, known as Allerville Arms, stands as an 18-story residential tower in the vibrant Allerton neighborhood of the Bronx. Completed in 1965, this concrete structure houses 213 condominium units, offering a mix of studio, one-, two-, and three-bedroom layouts. The building's location provides residents with easy access to local amenities, green spaces, and public transportation, making it a practical choice for those seeking urban living with a touch of suburban comfort.
Diverse layouts with spacious balconies and city views
Allerville Arms offers a range of floor plans to suit various lifestyles. Studio units, spanning 700 to 752 square feet, provide a cozy living space with one bathroom. One-bedroom units, ranging from 700 to 900 square feet, offer a bit more room and are priced between $202,713 and $252,000. For those needing additional space, two-bedroom units measure 800 to 1,009 square feet and are available from $292,531 to $350,000. The largest offerings are the three-bedroom units, spanning 1,100 to 1,150 square feet with one and a half bathrooms, priced from $370,000 to $399,000.
Many units feature private balconies or terraces, providing outdoor space and stunning views of the city skyline, Bronx Park, or the surrounding neighborhood. Renovated units boast modern finishes such as stainless steel appliances, granite countertops, and updated cabinetry. Hardwood floors are common throughout, adding a touch of warmth to the living spaces. Large windows allow for ample natural light, creating bright and inviting interiors.
Monthly HOA fees range from $900 to $1,300, covering utilities such as electricity, gas, heat, hot water, and sewer. This all-inclusive fee structure simplifies budgeting for residents and ensures a comfortable living environment year-round.
Convenient on-site facilities for everyday comfort
Allerville Arms offers a selection of amenities designed to enhance residents' daily lives. The building features an on-site laundry room, providing convenience for those busy weekday evenings or weekend chores. A community room serves as a gathering space for residents, perfect for social events or meetings.
Storage space is available for those needing extra room to stow away seasonal items or bulky possessions. The building's pet-friendly policy allows residents to share their homes with furry companions, adding to the welcoming atmosphere of the community.
Security is a priority at Allerville Arms, with a virtual doorman system in place to monitor building access. A live-in super is available to address maintenance issues promptly, ensuring the building remains in top condition. For those with vehicles, private parking is available, a valuable asset in a neighborhood where street parking can be challenging.
The building's large balconies and private terraces not only provide outdoor space for residents but also contribute to the overall aesthetic of the structure, breaking up the facade and offering spots for residents to enjoy fresh air and views of the surrounding area.
A diverse community with ample green spaces and urban conveniences
Allerton, located in the heart of the Bronx, offers a blend of residential charm and urban amenities. The neighborhood is known for its cultural diversity, with 44% of residents having immigrated from other countries, creating a rich tapestry of cultures reflected in local businesses and eateries.
One of Allerton's most significant assets is its proximity to Bronx Park, which forms the neighborhood's western border. This 718-acre green space is home to two of the borough's crown jewels: the world-renowned Bronx Zoo and the New York Botanical Garden. Residents can enjoy discounted admission to these attractions on Wednesdays, making it easy to explore these world-class institutions regularly.
For everyday recreation, several local parks offer opportunities for outdoor activities. Zimmerman Playground, just a five-minute walk from Allerville Arms, features basketball courts, picnic areas, and a waterpark, perfect for family outings or fitness enthusiasts. Allerton Playground and Bronx Park East, both about a 20-minute walk away, provide additional options for sports and leisure.
The commercial heart of the neighborhood lies along Allerton Avenue, where a diverse array of shops, restaurants, and services can be found. Key Food Supermarket is conveniently located just a five-minute walk from the building, while Foodtown of Allerton Avenue offers another grocery option about 15 minutes away on foot. For dining out, residents can explore local favorites like Allerton Diner, known for its comfort food and extensive breakfast menu, or venture to nearby Los Primos Restaurant for a taste of local cuisine.
Educational opportunities abound in the area, with several schools within walking distance. P.S. 96 The Richard Rodgers School, an elementary school rated 8 out of 10 by GreatSchools, is just a five-minute walk away. For middle school students, Bronx Green Middle School and Pelham Academy are both within a short walking distance, offering different educational approaches to suit various learning styles.
The neighborhood's diversity extends to its housing stock, with a mix of mid-rise apartment buildings, multifamily homes, and some single-family residences. This variety contributes to the area's dynamic character and provides options for residents at different stages of life.
Well-connected with multiple public transit options
Allerville Arms benefits from excellent transportation links, making it easy for residents to navigate the city. The Allerton Avenue subway station, served by the 2 and 5 trains, is less than a five-minute walk from the building. This provides quick access to other parts of the Bronx and Manhattan, with Midtown reachable in about an hour.
For those who prefer bus travel, several options are available within a short walking distance. The White Plains Rd & Mace Av bus stop is just a minute away, while the Allerton Av & White Plains Rd stop, about five minutes on foot, offers connections to multiple lines including the Co-op City Bay Plaza - Bedford Park and Wakefield - Midtown routes.
Cyclists will appreciate the area's bike-friendly nature, with dedicated bike lanes and routes in the vicinity.
For those traveling further afield, three major airports are within reach. LaGuardia Airport is about a 25-minute drive, while John F. Kennedy International Airport and Westchester County Airport are both accessible within 30-35 minutes by car.
The building's location also provides easy access to major roadways for drivers. The combination of subway, bus, and road connections makes Allerville Arms an ideal base for commuters and those who frequently travel within the city or beyond. The variety of transportation options ensures that residents can easily adapt their travel plans to suit their needs, whether heading to work, exploring the city, or embarking on longer journeys.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
4/ 10
Very Bikeable
Bike Score®
79/ 100
Walker's Paradise
Walk Score®
94/ 100
Rider's Paradise
Transit Score®
91/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Zimmerman Playground
4 min walk
Basketball
Picnic Area
Pickleball
Magenta Playground
13 min walk
Basketball
Playground
Ben Abrams Playground
14 min walk
Trails
Playground
Allerton Playground
3 min drive
Basketball
Playground
Bronx Park East
3 min drive
Baseball/Softball
Basketball
Bike Trails
Ciccarone Park
5 min drive
Trails
Playground
Concessions
Bronx Park
5 min drive
Reservoir Oval Park
5 min drive
Williamsbridge Oval Park
5 min drive
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
