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New
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$2,350,000

For Sale

A day ago

365 E 197Th St, Bronx, NY

House

MLS® 1003030

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $8,688
Days Active 1
Lot Size 
Approx. Age 1930
MLS® Number 1003030

Property Address: 365 E 197th St, Bronx, NY, 10458-3825

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers & End-Users!!! 6, 200+ Sqft. Free Market Mixed-Use Building/Development Site With R7B Zoning For Sale!!! The Property Features Great Exposure, Excellent Signage, R7B Zoning, 10 Parking Spaces, High 8’ Ceilings, (3) 3 Br. Apts., 4 Stories, 5 Car Garage, Full Basement, Low Property Taxes, All New LED Lighting, 200 Amp Power, +++!!! The Property Is Located In The Heart Of The Bronx In Between Grand Concourse & Webster Ave. Right Near Fordham University!!! The Building Is Situated On A HUGE 6, 000+ Sqft. Lot!!! Neighbors Include The Bronx Zoo, Starbucks, Chase Bank, TD Bank, Target, P.C. Richard & Son, CubeSmart Self Storage, Dunkin’, AutoZone, Burlington, T.J. Maxx, Skechers, Walgreens, Chick-fil-A, Auntie Anne’s, Krispy Kreme, White Castle, Midas, Five Below, Family Dollar, Aldi, +++!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1 (3 Br., 2 Bath): $45, 600 Ann. (Available) Apt. 2 (3 Br., 1.5 Bath): $46, 800 Ann. (Available) Apt. 3 (3 Br., 1.5 Bath): $43, 600 Ann. (Available) 5 Car Garage: $62, 800 Ann. (Available) 10 Parking Spaces: $36, 000 Ann. (Available) Pro Forma Gross Income: $234, 800 Ann. Expenses: Oil: $4, 000 Ann. Electric: $890 Ann. (Hallway Only) Insurance: $3, 845 Ann. Taxes: $8, 688 Ann. Water & Sewer: $2, 823 Ann. Total Expenses: $20, 496 Ann. Net Operating Income (NOI): $214, 304 Ann. (Pro Forma 9.12 Cap!!!)
MLS® Number1003030
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 21, 2026List Date
$2,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
365 E 197Th St, Bronx, NY

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