Opportunity to purchase two adjacent properties at 350 & 354 East 193rd Street in the Bronx, offering strong current income and future upside.The properties sit on a combined 8,811 SF lot and are currently configured as a rent-by-room setup with 14 total rooms plus a 3-car garage generating additional income.Current Income:Monthly: ~$12,974Annual: ~$155,700NOI: ~$95,700Both properties are fully occupied and provide immediate cash flow.Property Details:350 E 193rd St: 6 rooms354 E 193rd St: 8 rooms3 garage spaces ($750/month)Located near Fordham University, public transportation, shopping, and major Bronx corridors.Zoned R4A with potential for future development. Preliminary discussions indicate possible rezoning for higher-density residential use (buyer to verify).Properties may be delivered vacant.Asking Price: $2,100,000Seller open to discussing owner financing for qualified buyers.
Listing By
Agency Name: Weichert New Homes Co
Agency Contact: 212-334-3011
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 5,717.19 per month $4,673.69 Principal & Interest $431.00 Property Tax $612.50 Homeowner's InsuranceSend an email with a link to
350-354 East 193rd Street, Bronx, NY 10458.
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350-354 East 193rd Street | MLS# 916510
This multi-family property located at 350-354 East 193rd Street, Bronx, NY 10458 is currently listed for sale with an asking price of $2,100,000. Search Bronx real estate on www.joycerealty.com today.