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350-354 East 193rd Street St

Bronx, NY 10458
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Bed 13

Bed

Bath 6

Bath

Rare opportunity to acquire two contiguous income-producing properties at 350 and 354 East 193rd Street, offered together for $1,890,000. The assemblage includes three residential units currently configured with 14 rentable rooms, three garage spaces, approximately 4,090 SF of existing building area and 8,658 SF of combined land. Current gross income is approximately $12,974 per month, or $155,688 annually, including $750 per month from the three garage spaces. Owner-reported operating expenses are approximately $34,200 annually, and 2026 real estate taxes are approximately $5,172 annually. Based on the reported income and expenses, net after seller-reported operating expenses and 2026 real estate taxes is approximately $116,316, indicating an estimated cap rate of about 6.15% at the curr ent asking price. Current R4A zoning permits 1.0 FAR on standard zoning lots and up to 1.5 FAR for qualifying residential sites, subject to professional zoning verification. Preliminary discussions with land-use counsel indicate a potential pathway to R6B or R7B, subject to buyer verification and all required governmental approvals. Close proximity to Fordham University’s Rose Hill campus positions the assemblage well for student-oriented housing demand. The properties are currently occupied and may be delivered vacant. Seller financing may be considered for qualified buyers.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,890,000

AD Id : 76661180

MLS Id : 916510

Beds : 13

Tax Amount : $5,172

Year Built : 1910

Garage : 3

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Basement: Unfinished
  • Interior Features

    Eat-in Kitchen Laundry Features: In Basement, Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1910 Construction Materials: Unknown Private Pool: No

  • Lot Information

    Lot Size Square Feet: 8658 Lot Description: City Lot, Near Public Transit

  • Listing Price Information

    Listing Price: $1890000 Original Price: $1650000

  • Tax Information

    Annual Tax: $5172

  • Parking Information

    Parking Total: 3 Garage

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    WaterSource: Public
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Nearby Home Value

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 10/03/2026 @ 10:42

MLS: 916510 LISTED BY: Zak Abdullah, Weichert New Homes Co 212-334-3011 SOURCE: OneKey MLS

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