350-354 E 193rd St, Bronx, NY 10458

Property Description

350 East 193rd Street – Income-producing property offered as part of a two-building assemblage. The property consists of an approximately 2,025 SF building on a 3,658 SF lot, currently configured as a rent-by-room income setup with 6 rentable rooms. The asset generates in-place cash flow and shares in additional garage income across the assemblage. This offering is being marketed in conjunction with 354 East 193rd Street, combining for a total of 8,811 SF across two contiguous R4A-zoned lots (0.75 FAR), equating to approximately ±6,600 buildable SF as-of-right. Preliminary discussions with land use counsel indicate a potential pathway to rezoning to R6B or R7B, offering future development upside (buyer to verify). Property can be delivered vacant. Seller open to structuring owner financing for qualified buyers.