354 East 193rd Street 2 family income producing property offered as part of a two lot assemblage.

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.