2883 East 196th Street

Pelham Bay

$1,500,000
Price
Beds
Baths
3,080 Sq. Ft.
$487 / Sq. Ft.
3,080
Sq. Ft.
$487
per Sq. Ft.

Description

A fantastic Investment Opportunity is now available in Pelham Bay! This property is truly a CASH COW with incredible income-generating potenital! Close to shops, restaurants, schools, major highways, and public transportation, this conveniently located 3 Story, 5-Family Home w/ a 2-CAR GARAGE has much to offer with an annual cap rate of 8%+ this property is not to be missed! The property can be delivered fully occupied or with 4 vacant units. Additional Information: HeatingFuel: Oil Above Ground,A fantastic Investment Opportunity is now available in Pelham Bay! This property is truly a CASH COW with incredible income-generating potenital! Close to shops, restaurants, schools, major highways, and public transportation, this conveniently located 3 Story, 5-Family Home w/ a 2-CAR GARAGE has much to offer with an annual cap rate of 8%+ this property is not to be missed! The property can be delivered fully occupied or with 4 vacant units. Additional Information: HeatingFuel: Oil Above Ground,
  1. Listed by Alexandra L. Fischer • Keller Williams Realty Group
    P: (914)-713-3270 C: (914)-557-8212 alfischer@kw.com

Property Details for 2883 East 196th Street

City/Township
New York
Garage Spaces
2.00
Waterfront
No
LISTING UPDATED: 02/08/2025 02:06 AM

Property Details for 2883 East 196th Street

StatusContract Signed
MLS ID816125
Days on Market14
Taxes$15,807 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1926
Lot Size3,117 SF / 31' x 100'
CountyBronx County

Building

2883 E 196th St

5 Units2 StoriesBuilt in 1926

Building Information for 2883 East 196th Street

Stories2Residences5Year Built1926Building Size22' x 70'Building Sq. Ft3,080 SFLot Size3,117 SF / 31' x 100'Building Age-Building Type-

Property Information for 2883 East 196th Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 5
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 04243-0040
  • Tax Assessed Value: $313,650.00
Interior and Exterior Features
Interior Features
  • Amenities: Other, Public
  • Interior Features: Other
  • Basement: Finished, Walk-Out Access
  • Location Amenities: Walk Out Basement
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Other
Lot Information
  • Building Area Units: Square Feet
Parking
  • Garage: Yes
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Oil
  • Heat Fuel Type: Oil
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Green Features
  • Green Features: Oil

Property History for 2883 East 196th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2883 East 196th Street

Taxable ValueLand$75,150Additions$238,500Total$313,650
Tax Record2025$15,804 ($1,317 / month) Tax Class2ATax Rate12.5%
Home Facts
Total Finished SqFt3,080 SqFtLot Size3,117 SqFtYear Built1926ZoningR5AAPN2042430040

Schools near 2883 East 196th 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

Westchester Square Academy
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.

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Listing Courtesy of Keller Williams Realty Group

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.