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.

Property Details of 350-354 East 193rd Street, Fordham Manor

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Listed by Weichert New Homes Co / Zak Abdullah (212-334-3011)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 20, 2026 7:51 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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