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365 E 197th Street, Bronx, NY 10458

$2,350,000

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New to the Market

MLS#1003030

STATUSActive PROPERTY TYPECommercial - Multiple SCHOOLBronx 10

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Property 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!!!)

365 E 197th Street | MLS# 1003030

This commercial property located at 365 E 197th Street, Bronx, NY 10458 is currently listed for sale with an asking price of $2,350,000. E 197th Street is located within the Bronx 10 school district. Search Bronx real estate on www.laffey.com today.

Property Features

Property Type: Commercial - Multiple

Cooling: None

Heating: Oil

Lot Size: 0.14 Acres

Taxes: $8,687

Year Built: 1930

Feature Descriptions

Building Area Total: 5220

Business Type: Mixed, Other

Days on Site: 1

Exterior: Brick, Frame

On Market Date: 2026-05-21

Parcel Number: 03283-0097

Rental Term: Monthly

Sewer: Public Sewer

Utilities: Sewer Available, Water Connected

Water: Public

Local Schools

Elementary School: Bedford Park Elementary School

School District: Bronx 10

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55 Northern Blvd
Greenvale, NY 11548

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365 E 197th Street, Bronx, NY 10458

Property Description

365 E 197th Street | MLS# 1003030

Property Features

Feature Descriptions

Local Schools

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365 E 197th Street, Bronx, NY 10458

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