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$2,350,000
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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!!!)
Full Property Details
Full Property Details for 365 E 197th St
General
- Price: $2,350,000
- Taxes: $8,687
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1003030
- Updated: 5/22/2026
- Added to Site: 15 day(s) ago
Business
- Business Type: Mixed, Other
Location
- County: Bronx County
- Cross Streets: Decatur
- Driving Directions: Decatur Avenue to 197th Street
School Information
- High School District: Bronx 10
- Elementary School: Bedford Park Elementary School
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Frame
- Building Size: 5220
- Square Feet: 5,220
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.1383
- Lot Size (Sq. Ft.): 6,023
- Zoning: R7B
Financial Considerations
- Tax Amount: $8,687.8
Disclosures and Reports
- Special Conditions: None
- Property ID: 03283-0097
Listed by All Island Estates Realty Corp
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Schools
Schools serving 365 E 197th St
School District:New York City Geographic School District 10
| Name | Grades | Distance |
|---|---|---|
Ps 20 George J Werdan Iii 3050 Webster Ave, The Bronx, NY 10458 | PK-8 | 0.5 mi |
Thomas C Giordano Middleschool 45 2502 Lorillard Pl, The Bronx, NY 10458 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 365 E 197th St
Date
Details
Price
Change
Source
5/21/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 365 E 197th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,688
—
$45,848
6%
2025
$8,688
6%
$43,255
6%
2024
$8,196
—
$40,807
—
2023
$8,196
—
$40,807
-50%
2022
$8,225
2%
$81,420
23%
2021
$8,041
5%
$66,120
12%
2020
$7,630
7%
$58,920
23%
2019
$7,114
3%
$47,760
40%
2017
$6,880
—
$34,006
1%
2017
$6,880
8%
$33,748
6%
2016
$6,365
8%
$31,839
6%
2015
$5,874
8%
$30,038
6%
2014
$5,438
6%
$28,339
—
2013
$5,120
—
$28,339
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 365 E 197th St
365 E 197th Street, Bronx, NY 10458 (MLS# 1003030) is a Commercial property. 365 E 197th Street is currently listed for $2,350,000 and was received on May 21, 2026. Want to learn more about 365 E 197th Street? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

