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.
130 days
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81
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1
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Zillow last checked:
Listing updated:
Listed by:
Weichert New Homes Co212-334-3011,
Zak Abdullah646-286-1951
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 916510
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 6
Full bathrooms: 6
Heating
Forced Air
Cooling
None
Appliances
Laundry: In Basement, Laundry Room
Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement: Unfinished
Has fireplace: No
Property
Parking
Total spaces: 3
Parking features: Garage, Waitlist
Garage spaces: 3
Details
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex, Multi Family
Materials
Unknown
Condition
Year built: 1910
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Trash Collection Public
Community & HOA
Location
Region: Bronx
Financial & listing details
Annual tax amount: $5,172
Date on market: 9/23/2025
Cumulative days on market: 256 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
3/31/2026
Listed for sale
$2,100,000
Source: OneKey® MLS as distributed by MLS GRID #916510Report a problem
3/24/2026
Listing removed
$2,100,000
Source: OneKey® MLS as distributed by MLS GRID #916510Report a problem
9/25/2025
Listed for sale
$2,100,000
Source: OneKey® MLS as distributed by MLS GRID #916510Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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