REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listing Courtesy of Weichert Properties
$ 2,100,000
Est. payment | /mo
4,090 SqFt
$ 2,100,000
Est. payment | /mo
4,090 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,090 sqft
Price per Sqft $513
Subdivision Fordham
MLS Listing ID RLS20051785
Style Prewar,Walk-Up
HOA Y/N No
Year Built 1910
Annual Tax Amount $25,540
Property Sub-Type Single Family Residence
Property Description
Configuration: Two adjoining income-producing properties
Zoning: R4A
Total Rentable Rooms: 14 (6 in No. 350, 8 in No. 354)
Parking: 3-car garage, $250 each, $750/month total
Income Snapshot
August 2025 Gross Income: $12,974 per month (room rentals + garage)
Annualized Gross Income: ˜ $155,700
Operating Expenses: ˜ $2,850 per month includes water, sewer, electricity, gas, and insurance
Net Operating Income (NOI): ˜ $7,974 per month / ˜ $95,700 annually
Cap Rate: ~5.8%
Property Details
350 East 193rd Street
2½-story single-family home
Approx. 2,025 sq ft on a 3,658 sq ft lot
6 rentable rooms
354 East 193rd Street
2-family, 2½-story residence
Approx. 2,065 sq ft on a 5,000 sq ft lot
8 rentable rooms
Both buildings date to 1910 and retain classic Bronx frame-house character.
Investment Highlights
Turnkey Cash Flow: Established rent-by-room model with steady occupancy.
Additional Income Stream: Three garage spaces generate $750/month.
High-Demand Location: Close to Fordham University, shopping, dining, and multiple subway and bus lines.
Future Upside: Opportunity to update interiors, adjust room rents, or explore other residential configurations within R4A zoning.
Summary
Offered together for $2,100,000, 350 & 354 East 193rd Street present a rare chance to own two adjacent, fully rented properties with 14 rooms plus garage income. With gross monthly revenue approaching $13K and an NOI of nearly $96K, this portfolio delivers immediate returns and long-term growth potential in one of the Bronx's most active rental markets.
Zoning: R4A
Total Rentable Rooms: 14 (6 in No. 350, 8 in No. 354)
Parking: 3-car garage, $250 each, $750/month total
Income Snapshot
August 2025 Gross Income: $12,974 per month (room rentals + garage)
Annualized Gross Income: ˜ $155,700
Operating Expenses: ˜ $2,850 per month includes water, sewer, electricity, gas, and insurance
Net Operating Income (NOI): ˜ $7,974 per month / ˜ $95,700 annually
Cap Rate: ~5.8%
Property Details
350 East 193rd Street
2½-story single-family home
Approx. 2,025 sq ft on a 3,658 sq ft lot
6 rentable rooms
354 East 193rd Street
2-family, 2½-story residence
Approx. 2,065 sq ft on a 5,000 sq ft lot
8 rentable rooms
Both buildings date to 1910 and retain classic Bronx frame-house character.
Investment Highlights
Turnkey Cash Flow: Established rent-by-room model with steady occupancy.
Additional Income Stream: Three garage spaces generate $750/month.
High-Demand Location: Close to Fordham University, shopping, dining, and multiple subway and bus lines.
Future Upside: Opportunity to update interiors, adjust room rents, or explore other residential configurations within R4A zoning.
Summary
Offered together for $2,100,000, 350 & 354 East 193rd Street present a rare chance to own two adjacent, fully rented properties with 14 rooms plus garage income. With gross monthly revenue approaching $13K and an NOI of nearly $96K, this portfolio delivers immediate returns and long-term growth potential in one of the Bronx's most active rental markets.
Location
State NY
County Bronx
Interior
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Building Garden, Private Outdoor Space Under 60 Sqft
View Y/N No
Porch Patio
Private Pool No
Building
Dwelling Type House
Story 2
New Construction No
Others
Ownership None
Monthly Total Fees $2, 128
Pets Allowed Building Yes, Yes
RLS Data display by WJFNY