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.
Sold for $1,138,000
$1,138,000
2850 E 197th Street, Bronx, NY 10461
5beds
2,400sqft
Triplex, Multi Family
Built in 1928
-- sqft lot
$1,071,300 Zestimate®
$474/sqft
$2,939 Estimated rent
Home value
$1,071,300
$975,000 - $1.18M
$2,939/mo
Zestimate® history
Owner options
List your home for rent
$2,939/mo
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$2,939/mo
Rent Zestimate®
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$6,924/mo
Est. payment
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$6,924/mo
Est. payment
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List your homeWhat's special
Brick homeWalk-out finished basement
Zillow last checked:
Listing updated:
Listed by:
Alex S. Huang 347-989-5882,
Han Tang Realty Inc. 718-513-1111
Bought with:
Alex S. Huang, 10311206937
Han Tang Realty Inc.
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 819609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Radiant
Cooling
- None
Features
- Master Downstairs, First Floor Bedroom
- Flooring: Hardwood
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Driveway, Off Street, Private
- Garage spaces: 2
- Carport spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 2,500 Square Feet
- Features: Near Public Transit, Near School, Near Shops
Details
- Parcel number: 042430014
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex, Multi Family
Materials
- Brick
Condition
- Year built: 1928
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
HOA
- Amenities included: Park
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $540,000
- Annual tax amount: $11,388
- Date on market: 1/31/2025
- Cumulative days on market: 84 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Sold | $1,138,000-4.4%$474/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #819609 Report a problem | ||
| 4/25/2025 | Pending sale | $1,190,000$496/sqft |
Source: OneKey® MLS as distributed by MLS GRID #819609 Report a problem | ||
| 3/10/2025 | Price change | $1,190,000-4.8%$496/sqft |
Source: OneKey® MLS as distributed by MLS GRID #819609 Report a problem | ||
| 6/10/2024 | Listed for sale | $1,250,000+25.4%$521/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6311508 Report a problem | ||
| 4/10/2023 | Sold | $997,000$415/sqft |
Source: Public Record Report a problem | ||
| 2/16/2018 | Listing removed | $2,200$1/sqft |
Source: douglas elliman Report a problem | ||
| 1/17/2018 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,071 -58.3% | $59,160 +4.3% |
| 2024 | $28,962 +73.6% | $56,700 -76.7% |
| 2023 | $16,687 | $243,000 +1.9% |
| 2022 | -- | $238,500 +6.9% |
| 2021 | -- | $223,200 -8.8% |
| 2020 | $9,508 -26.3% | $244,800 +5.7% |
| 2019 | $12,893 -2.3% | $231,660 +121.4% |
| 2018 | $13,197 +7.1% | $104,642 +8% |
| 2017 | $12,327 +9.4% | $96,918 +8% |
| 2016 | $11,270 | $89,776 +7.5% |
| 2015 | $11,270 +54.5% | $83,502 |
| 2014 | $7,293 | $83,502 +3.7% |
| 2013 | -- | $80,494 +8% |
| 2012 | -- | $74,553 +8% |
| 2011 | -- | $69,059 +7.5% |
| 2010 | -- | $64,233 |
| 2009 | -- | $64,233 +3.7% |
| 2008 | -- | $61,919 +8% |
| 2007 | -- | $57,349 +8% |
| 2006 | -- | $53,123 +7.5% |
| 2005 | -- | $49,410 |
| 2004 | -- | $49,410 +3.7% |
| 2003 | -- | $47,630 +8% |
| 2002 | -- | $44,115 +8% |
| 2001 | -- | $40,864 +7.5% |
| 2000 | -- | $38,008 |
Find assessor info on the county website
Neighborhood: Pelham Bay
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Nearby schools
GreatSchools rating
- 7/10Ps 71 Rose E ScalaGrades: K-8Distance: 0.6 mi
- 3/10Herbert H Lehman High SchoolGrades: 9-12Distance: 1 mi
- 6/10Urban Institute Of MathematicsGrades: 6-8Distance: 2 mi
Schools provided by the listing agent
- Elementary: Contact Agent
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Bronx County
- New York
- 10461
- Bronx
- Pelham Bay
- 2850 E 197th Street
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