365 E 197th Street, Bronx, NY 10458
Bronx County
Key Facts
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 Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1930
Living Area
5,220 sq ft
Lot Size
0.14 acres
Days on Market
6
MLS® Listing#
1003030
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Bedford Park Elementary School
Financial Details
Annual Taxes
$8,688
Assessed Value
$60,720
Parcel Number
03283-0097
Directions
Decatur Avenue to 197th Street
Affordability Calculator
$470,000
Estimated monthly payment
$12,508/mo
Principal $1,880,000 · Est. interest $2,622,767 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $573,585
- Median Listing Price
- 71
- Median Days on Market
- 1,200
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,272
- Active Listings
- This home’s price is 310% above the area median.
- Its price per sq ft is 20% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
- 365 E 197th Street, Bronx, NY 10458
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
PS/Is 54
Elementary · 0.1 mi away
Our Lady of Refuge School
School · 0.2 mi away
P. S. 046 Edgar Allan Poe
Elementary · 0.2 mi away
Academy of Mount St. Ursula
School · 0.2 mi away
New York City Department of Ed
School · 0.4 mi away
Bronx School District 10
School · 0.4 mi away
P. S. 246 Poe Center
Elementary · 0.4 mi away
New Life School of the Prophets
School · 0.4 mi away
Knowledge and Power Preparatory Academy International High School (Kappa)
Secondary · 0.4 mi away
Fordham Leadership Academy
School · 0.4 mi away
Belmont Preparatory High School
Secondary · 0.4 mi away
West Bronx Academy for the Future
School · 0.4 mi away
Fordham Preparatory School
School · 0.4 mi away
Inglés y Ciudadanía Express
School · 0.4 mi away
Our Lady of Mercy Roman Catholic Church
School · 0.5 mi away
Kipp Bronx Charter School II
Elementary · 0.5 mi away
Kipp Affirm Middle School
Secondary · 0.5 mi away
Kipp Inquire Elementary School
Elementary · 0.5 mi away
P. S 008 Isaac Varian Afterschool Program
Elementary · 0.5 mi away
Mosholu Playground
Elementary · 0.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1716 Fowler Avenue, Bronx, NY | $1,649,000 | — | 2 | 3,906 |
| 4175 3rd Avenue, Bronx, NY | $1,650,000 | — | — | 7,124 |
| 3418 Irwin Avenue, Bronx, NY | $1,680,000 | 8 | 3 | 3,500 |
| 5250 Arlington Avenue, Bronx, NY | $1,695,000 | 4 | 4 | 3,028 |
| 1162 Edison Avenue, Bronx, NY | $1,699,000 | 8 | 6 | 4,800 |
| 2918 Bruckner Boulevard, Bronx, NY | $1,699,000 | — | — | 4,576 |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: All Island Estates Realty Corp - 5167835600
Presented by: Richard Matt Shane
Fair Housing Notice