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$2,299,000
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Property Description
Exceptional Development Opportunity in the Heart of The Bronx. Discover an incredible investment and development prospect on a rare corner lot in the highly sought after Bedford Park neighborhood. This unique parcel, zoned R7B, offers exceptional potential with an impressive 140 feet of frontage and 43 feet of depth, providing the ideal canvas for a visionary builder or developer. The existing structure is a 3 family with with over 5,000 of living space featuring three spacious units, each offering 3 bedrooms and 1 bathroom, plus a full walkout basement that adds valuable usability and expansion possibilities. Perfectly positioned near Fordham University, major highways, shopping, and a network of public transportation options, this location attracts strong rental demand and long-term growth potential. An opportunity like this combining location, zoning flexibility, and size is truly hard to find.
Full Property Details
Full Property Details for 365 E 197th
General
- Price: $2,299,000
- Taxes: $8,687
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 945005
- Updated: 12/22/2025
- Added to Site: 30 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Driveway, Garage
Location
- County: Bronx County
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Building Size: 5220
- Square Feet: 5,220
- Year Built: 1930
Lot Features
- Lot Size (Sq. Ft.): 6,023
- Lot Dimensions: 43 x 140
- Lot Features: Back Yard, Corner Lot, Interior Lot, Near Public Transit, Near School, Near Shops, Other
Financial Considerations
- Tax Amount: $8,687.2
Disclosures and Reports
- Special Conditions: None
Listed by Prominent Properties Sotheby's
Get Pre-Approved Today
Schools
Schools serving 365 E 197th
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 365 E 197th
Date
Details
Price
Change
Source
12/18/2025
Listed
$2,299,000
—
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
Year
Property Taxes
Change
Tax Assessment
Change
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
365 E 197th, Bronx, NY 10458 (MLS# 945005) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 365 E 197th is currently listed for $2,299,000 and was received on December 18, 2025. Want to learn more about 365 E 197th? 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.

