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Listing Courtesy of Weichert Properties
$1,050,000
Est. payment /mo
2,065 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,065 sqft
Price per Sqft $508
Subdivision Fordham
MLS Listing ID RLS20081495
Style Prewar,Walk-Up
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,734
Property Sub-Type Multi Family
Property Description
354 East 193rd Street – 2-family income-producing property offered as part of a two-lot assemblage.
The property consists of an approximately 2,065 SF building on a 5,000 SF lot, currently configured as a rent-by-room income setup with 8 rentable rooms. Together with 350 East 193rd Street, the assemblage produces strong in-place income and includes additional garage revenue.
Combined, the offering totals 8,811 SF across two contiguous lots with R4A zoning (0.75 FAR), allowing for approximately ±6,600 buildable SF as-of-right.
Preliminary discussions with land use counsel indicate a viable pathway to rezoning to R6B or R7B, presenting potential for higher-density residential or affordable housing development (buyer to verify).
Properties can be delivered vacant.
Seller open to structuring owner financing for qualified buyers.
The property consists of an approximately 2,065 SF building on a 5,000 SF lot, currently configured as a rent-by-room income setup with 8 rentable rooms. Together with 350 East 193rd Street, the assemblage produces strong in-place income and includes additional garage revenue.
Combined, the offering totals 8,811 SF across two contiguous lots with R4A zoning (0.75 FAR), allowing for approximately ±6,600 buildable SF as-of-right.
Preliminary discussions with land use counsel indicate a viable pathway to rezoning to R6B or R7B, presenting potential for higher-density residential or affordable housing development (buyer to verify).
Properties can be delivered vacant.
Seller open to structuring owner financing for qualified buyers.
Location
State NY
County Bronx
Interior
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Building Garden
Private Pool No
Building
Dwelling Type Multi Family
Story 2
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 03275-0037
Ownership None
Monthly Total Fees $144
Pets Allowed Building Yes, Yes
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716



