350-354 East 193rd Street, Bronx, NY 10458
Local realty services provided by:Bon Anno Realty ERA Powered
350-354 East 193rd Street,Bronx, NY 10458
$2,100,000
- 13 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:zak abdullah
Office:weichert new homes co
MLS#:916510
Source:OneKey MLS
Price summary
- Price:$2,100,000
About this home
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 (ex-mortgage): ˜ $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 $1,650,000, 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.
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Home facts
- Year built:1910
- Listing ID #:916510
- Added:1 day(s) ago
- Updated:September 25, 2025 at 07:28 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:6
- Full bathrooms:6
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1910
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,100,000
- Tax amount:$25,540 (2026)
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