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About the Listing MCRD01 - 213573
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: ~$12,974 Annual: ~$155,700 NOI: ~$95,700 Both properties are fully occupied and provide immediate cash flow. Property Details: 350 E 193rd St: 6 rooms 354 E 193rd St: 8 rooms 3 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: $2,100,000 Seller open to discussing owner financing for qualified buyers.
Listing Highlights
Interior Details
- Bedrooms: 13
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: 3 car
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Garage,Waitlist
Financial Details
- Tax Amount: $25,540
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
350-354 East 193rd St Bronx, NY 10458
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