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$1,138,000
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Property Description
Don't miss this legal 3 family with 4 units set-up property located in desirable Pelham Bay Park section of the Bronx. The second floor of this brick home consists of 2 units of one bedroom apartment. First floor boasts a spacious 2 bedroom apartment and another one bedroom unit are located on the walk-out finished basement. The home will be sold with excellent tenants and over 65K net annual income. And basement and detached 2-car garage will contribute extra income. 9 minutes walk to 6 train Pelham Bay Park station, Close to park, MTA bus stations and major highway. Call today to add this cash cow to your investment portfolio today.
Full Property Details
Full Property Details for 2850 E 197th St
General
- Sold For: $1,138,000
- Taxes: $11,388
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 819609
- Added to Site: 350 day(s) ago
Interior
- Interior Features: Master Downstairs, First Floor Bedroom
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Park
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 3
- Parking Features: Detached, Driveway, Off Street, Private
Location
- County: Bronx County
School Information
- High School District: Bronx
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Trash Collection Public
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 2400
- Square Feet: 2,400
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Tax Amount: $11,388
Disclosures and Reports
- Special Conditions: None
- Property ID: 04243-0014
Listed and Sold by Han Tang Realty Inc.
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Schools
Schools serving 2850 E 197th St
School District:New York City Geographic School District 08
| Name | Grades | Distance |
|---|---|---|
Ps 71 Rose E Scala 3040 Roberts Ave, The Bronx, NY 10461 | K-8 | 0.6 mi |
Herbert H Lehman High School 3000 E Tremont Ave, The Bronx, NY 10461 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2850 E 197th St
Date
Details
Price
Change
Source
7/30/2025
Sold
$1,138,000
-4.37%
MLS
3/10/2025
Price Reduced
$1,190,000
-4.8%
MLS
1/31/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2850 E 197th Street, Bronx, NY 10461 (MLS# 819609) is a Multi-Family property that was sold at $1,138,000 on July 30, 2025. Want to learn more about 2850 E 197th Street? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

