350-354 East 193rd Street

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.