324 East 197th Street, The Bronx, NY, USA

Bronx, New York

Located on East 197th Street east of Grand Concourse, between Valentine and Briggs Avenue

Google Map

Total Square Feet

3,474 SF

Asking Price

$1,395,000

Tax Class

Total Units

Block / Lot

3288 / 29

Building Dimensions

21’ x 57’

Three-story, three-family with all three apartments free-market. With less than six units, ownership has full flexibility on rents and turnover.
Well-maintained, turnkey asset offering a new owner in-place cash flow from day one with no deferred maintenance or repositioning required.
Situated in Bedford Park, minutes from Fordham University, Lehman College, the New York Botanical Garden and the Fordham Road retail corridor.
Steps from the B & D train and the Metro-North Harlem Line, with the 4 train only a short walk away.
Small free-market multifamily buildings remain sought-after assets in the Bronx, offering investors rent growth unavailable in regulated buildings, and a low entry-basis relative to Manhattan & Brooklyn.