350 East 193rd Street Income producing property offered as part of a two building assemblage.
| Website: | https://www.nestseekers.com/5397944 |
|---|---|
| Address: | 350-354 East 193rd Street Bronx, NY 10458 |
| Cross street: | Marion Avenue |
| Type: | House |
| Era: | Post-war |
| Floors: | 3 |
| Ownership: | Single Family |
|---|---|
| Rooms: | 14 |
| Bedrooms: | 14 BR |
| Bathrooms: | 6 |
Financials
Price:$1,050,000
Real estate tax:$3,335
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.
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.
Amenities
Laundry Room;
- Laundry Room
- Walk-up
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 | |
| Listing Courtesy of Weichert Properties | |