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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!!!)

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1930
  • 0.1383 Acre Lot
  • 170 days on Market

  • Year Built
    1930
  • Construction Materials
    Frame, Brick
  • Cooling
    None
  • Heating
    Oil

  • Acres
    0.1383
  • Utilities
    Sewer Available, Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 365 E 197th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 365 E 197th St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 365 E 197th St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,350,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Bronx, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 365 E 197th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 365 E 197th St at around $13,466. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 365 E 197th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Bronx County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 365 E 197th St?

In most cases, yes. Whether 365 E 197th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bronx's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 365 E 197th St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Bronx and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,350,000 with 5,220 sqft of space—that comes out to approximately $450 per square foot.

How long has this property been on the market?

365 E 197th St was listed on May 21, 2026, which means it's been on the market for 170 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1930, making it approximately 96 years old.

What is the lot size of this property?

365 E 197th St sits on a 0.14-acre lot, which is 6,098 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Bedford Park Elementary School

Want to see how these schools compare? Check out our Bronx County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 365 E 197th St?

The most recent public record shows annual property taxes for 365 E 197th St were approximately $8,688. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 365 E 197th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 07, 2026 at 05:12PM | Source: OneKey MLS | MLS#: 1003030