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365 E 197th St
Bronx, NY 10458 Jerome Park

$2,350,000 USD

Apartments For Sale • 6,220 SF

Property Details

Property Type Apartments
Total Building Size 6,220 SF
Lot Size 0.14 AC
Building Class C
Year Built 1930
Cap Rate 9.12 %
Zoning R7B

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!!  6,200+ Sqft. Free Market Corner 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., 5 Car Garage,+++!!!
                            
                                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!!!
                            
                                The Entire Property Can Be Delivered Vacant If Need Be.
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $214,304 USD (2026)

Cap Rate:	9.12 %
Total Expenses:	$20,496 USD

Amenities

24 Hour Access
Controlled Access
Fenced Lot
Security System
Tenant Controlled HVAC
Storage Space
Bicycle Storage
Public Transportation
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Botanical Garden Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	2 min	7 min	0.4 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	1 min	8 min	0.4 mi
Transit/Subway	Drive	Walk	Distance
Kingsbridge Road (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Bedford Park Boulevard (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	2 min	12 min	0.6 mi
Kingsbridge Road (4 Line) (4 - New York MTA Subway (The Subway))	2 min	13 min	0.7 mi
Bedford Park Boulevard-Lehman College (4 - New York MTA Subway (The Subway))	2 min	13 min	0.7 mi
Fordham Road (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	23 min	-	11.9 mi
John F Kennedy International	31 min	-	20.5 mi
Westchester County	35 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Matthew Shane 516-279-8828 All Island Commercial

365 E 197th St Bronx, NY 10458 Jerome Park