365 E 197th Street
Bronx, NY, 10458 $ 2,350,000
Bedrooms-- Baths-- Sq 5,220 Monthly Estimate*
$ 14,469
for $2,350,000. This 5,220 square foot building was built in 1930 on a lot size of 0.1383.
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!!!)
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FeaturesGeneralSewer Public Sewer
Heating Oil
Cooling None
Utilities Sewer Available Water Connected
Zoning R7B
Construction Materials Brick Frame
Year Built 1930
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 03283-0097
Business Type Mixed Other
County Bronx County
Property Type Commercial Sale
Directions Decatur Avenue to 197th Street
City New York
High School District Bronx 10
Elementary School Bedford Park Elementary School
Property Attached Y/N N
Tax Annual Amount 8687.8
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Bronx 10
Elementary School District Bronx 10
Tax Assessed Value 60720
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ExteriorWater Source Public
Building Area Total 5220
Waterfront Y/N N
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $14,469
- Monthly Property Taxes
- $724
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Bronx, NY
Average List Price $2,265,260
Percent of Sale Price 4%
About Bronx, NY 1,458,449 Population
10% Since 2002
$ 38,092 Median Income
35.44 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4240005 Elementary School
4708151 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/21/2026 | $2,350,000 | | Listed Price |