MLS#1003030
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLBronx 10
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!!!)
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
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agent Name: Clovia Leslie
Agent Phone: (631) 464-9745
Agency Title: Coldwell Banker American Homes
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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 clovialeslie.cbamhomes.com today.