$10,000

closing credit¹

2850 E 197th St Bronx, NY 10461

$1,250,000
5 beds
4 full
0.06 acres
Multi-Family

Property details

About 2850 E 197th St

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.

Highlights

Home typeTriplex
HeatingOil, Radiant
StatusActive
Lot size0.0574 Acres
Year built1928
ParkingDetached, Driveway, Off Street, Private
MLS #819609
Garage2 spaces

Summary

  • MLS Number: 819609
  • MLS Name: ONEKEY2
  • Office Name: Han Tang Realty Inc.
  • Office Phone: (718) 513-1111

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/1/2025, 10:56:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior featuring a garage

$1,250,000

2850 E 197th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 10, 2023
Home Sold
$997,000

Tax history

YearAssessmentProperty Tax
2024$141,118$17,642
2023$243,000$16,220
2021$223,200$-
2020$244,800$9,507
2018$104,642$12,107
2017$96,918$11,269

History based on county public records data.

Nearby schools

6

Bronx Charter School for Better Learning II

Public Charter KG-5

0.7 mi

2545 Gunther Ave

4

P.S. 160 Walt Disney School

Public Magnet KG-6

0.8 mi

4140 Hutchinson River Pkwy E

6

P.S. 97 Bronx

Public District KG-5

0.9 mi

1375 Mace Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $87,242. The most common annual income of people living in Bronx, NY is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
43%
35k-100k
41%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2850 E 197th St in Bronx, NY and zip code 10461 in the Pelham Bay neighborhood. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $1,250,000.

In January 2025 in Bronx, NY there were 2% less homes for sale than in December. In January 2025 median list price was $592,110 and the average listing age was 150 days.

From Rocket Homes Real Estate and based on county public records data.

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