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.