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350-354 East 193rd Street 350 E 193rd St Immeuble residentiel 14 lots 1 812 027 € (129 430 €/Lot) Taux de capitalisation 4,55 % Bronx, NY 10458
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- High-Demand Location
- 8811 square foot lot with R4A Zoning!
- Turnkey Cash Flow
Résumé analytique
Bronx Assemblage | Income + Development Upside | 8,811 SF Lot
Rare opportunity to acquire two contiguous income-producing properties at 350 & 354 East 193rd Street, Bronx, NY.
The offering consists of a combined 8,811 SF across two adjoining lots with R4A zoning (0.75 FAR), providing approximately ±6,600 buildable SF as-of-right. Preliminary discussions with land use counsel indicate a viable pathway to rezoning to R6B or R7B, offering significant long-term development potential.
The property is currently configured as a rent-by-room income model across both buildings, generating strong in-place cash flow.
Income Snapshot:
Current Rent Roll (August 2025): $12,974/month (including garage)
Annual Gross Income: ~ $155,700
NOI: ~ $95,700
Cap Rate: ~4.6%
Expenses are owner-reported and include utilities and insurance; excludes management, vacancy, and capital reserves.
Property Breakdown:
350 E 193rd St: ~2,025 SF building on 3,658 SF lot (6 rooms)
354 E 193rd St: ~2,065 SF building on 5,000 SF lot (8 rooms)
Total: 14 rentable rooms + 3 garage spaces ($750/month)
Highlights:
Rare two-lot assemblage
In-place cash flow with upside
As-of-right development potential
Rezoning pathway for higher-density residential (buyer to verify)
Proximate to Fordham University, Metro-North, B/D and 4 trains
Properties can be delivered vacant
Offering Price: $2,100,000
Seller is open to structuring owner financing for qualified buyers.
**Featuring Some Enhanced photos
Rare opportunity to acquire two contiguous income-producing properties at 350 & 354 East 193rd Street, Bronx, NY.
The offering consists of a combined 8,811 SF across two adjoining lots with R4A zoning (0.75 FAR), providing approximately ±6,600 buildable SF as-of-right. Preliminary discussions with land use counsel indicate a viable pathway to rezoning to R6B or R7B, offering significant long-term development potential.
The property is currently configured as a rent-by-room income model across both buildings, generating strong in-place cash flow.
Income Snapshot:
Current Rent Roll (August 2025): $12,974/month (including garage)
Annual Gross Income: ~ $155,700
NOI: ~ $95,700
Cap Rate: ~4.6%
Expenses are owner-reported and include utilities and insurance; excludes management, vacancy, and capital reserves.
Property Breakdown:
350 E 193rd St: ~2,025 SF building on 3,658 SF lot (6 rooms)
354 E 193rd St: ~2,065 SF building on 5,000 SF lot (8 rooms)
Total: 14 rentable rooms + 3 garage spaces ($750/month)
Highlights:
Rare two-lot assemblage
In-place cash flow with upside
As-of-right development potential
Rezoning pathway for higher-density residential (buyer to verify)
Proximate to Fordham University, Metro-North, B/D and 4 trains
Properties can be delivered vacant
Offering Price: $2,100,000
Seller is open to structuring owner financing for qualified buyers.
**Featuring Some Enhanced photos
Informations sur l’immeuble
Caractéristiques
Caractéristiques du lot
- Chauffage
- Réfrigérateur
- Four
- Baignoire/Douche
- Congélateur
Caractéristiques du site
- Accès 24 h/24
- Accès contrôlé
- CVC contrôlé par l’occupant
- Sans tabac
- Détecteur de fumée
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Taxes foncières
| Numéro de parcelle | 03275-0035 | Évaluation des aménagements | 12 162 € |
| Évaluation du terrain | 2 334 € | Évaluation totale | 14 496 € |
Taxes foncières
Numéro de parcelle
03275-0035
Évaluation du terrain
2 334 €
Évaluation des aménagements
12 162 €
Évaluation totale
14 496 €
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350-354 East 193rd Street | 350 E 193rd St
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