2850 East 197th Street

Pelham Bay

$1,250,000
Price
5
Beds
2,400 Sq. Ft.
$521 / Sq. Ft.
2,400
Sq. Ft.
$521
per Sq. Ft.

Description

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...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.
  1. Listed by Alex S. Huang • Han Tang Realty Inc.
    P: (718)-513-1111 C: (347)-989-5882 alex@htrealtygroup.net

Property Details for 2850 East 197th Street

City/Township
New York
Architectural Style
Colonial
Garage Spaces
2.00
Waterfront
No
LISTING UPDATED: 01/31/2025 03:53 PM

Property Details for 2850 East 197th Street

StatusActive
MLS ID819609
Days on Market36
Taxes$11,388 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeTriplex
Year Built1928
Lot Size2,500 SF / 25' x 100'
CountyBronx County

Building

2850 E 197th St

4 Units2 StoriesBuilt in 1928

Building Information for 2850 East 197th Street

Stories2Residences4Year Built1928Building Size20' x 60'Building Sq. Ft2,400 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Property Information for 2850 East 197th Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Bronx
  • Elementary School: Contact Agent
  • Middle Or Junior School: Contact Agent
  • High School District: Bronx
  • High School: Contact Agent
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,625.00
Unit 2 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,600.00
Unit 3 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,500.00
Unit 4 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,500.00
Unit Information
  • Number Of 1 Bedrooms: 3
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 3
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04243-0014
  • Tax Assessed Value: $540,000.00
  • Additional Fees: No
  • Association Amenities: Park
Income & Expenses Information
Income & Expenses Information
  • Fuel Expense: $5,488.00
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Colonial, Hardwood Floors As Seen, Park, Public
  • Interior Features: 1st Fl Master Bedroom, First Floor Bedroom
  • Primary on Main: Yes
  • Location Amenities: Hardwood Floors As Seen, 1st Fl Master Bedroom
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: Detached, Driveway, Off Street, Private, Near Public Transit, Near School, Near Shops
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit,Near School,Near Shops
  • Additional Parcel: No
  • Site Features: Near Public Transit, Near School, Near Shops
  • Building Area Units: Square Feet
Parking
  • Parking Features: Detached, Driveway, Off Street, Private
  • Parking Total: 3.00
  • Garage: Yes
Utilities
  • Cooling: None
  • Heating: Oil, Radiant
  • Heat Fuel Type: Oil, Radiant
  • Number Of Separate Gas Meters: 3
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection Public
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Oil, Radiant

Property History for 2850 East 197th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2850 East 197th Street

Taxable ValueLand$7,800Additions$48,900Total$56,700
Tax Record2025$11,388 ($949 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt2,400 SqFtLot Size2,500 SqFtYear Built1928ZoningR5AAPN2042430014

Schools near 2850 East 197th Street

This home is within New York City Geographic District # 8.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 71 Rose E Scala
PublicK to 8

Herbert H Lehman High School
Public9 to 12

Schuylerville Preparatory High School
Public9 to 12

Bronx River High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2850 East 197th Street is a multi-family home for sale in Pelham Bay. This property was listed for sale on January 31, 2025 by Han Tang Realty Inc., it's currently listed at $1,250,000. It has been on the market for a total of 36 days and was last sold on March 22, 2023. This listing's school district is New York City Geographic District # 8. Nearby schools include P.S. 71 Rose E Scala, Herbert H Lehman High School and Schuylerville Preparatory High School. 2850 East 197th Street is a 5-bed, 4-bath, 2,400 sqft multi-family home built in 1928.

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Listing Courtesy of Han Tang Realty Inc.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.