Buy with Yoreevo
$2,063,250
List Price: $2,100,000
Share Listing
Save Listing
350-354 East 193rd Street
House in Fordham •  building info
13bd • 6ba
Buy with Yoreevo

$2,063,250

List Price

$2,100,000

Key Details
Listed today
Last price change
loading...
Estimated payment
$13,460/mo
Taxes
$2,128/mo
Maintenance
N/A
Description
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 $2,100,000, 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.

Hide full description

Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$2,100,000
Asking Price: $2,100,000
Term
30 Years
Down Payment
$210,000 (10%)
Min: 10% (210,000)
Rate
6.0 %
Mortgage Amount
$1,890,000
Mortgage Payment
$11,332
Taxes
$2,128
Estimated Yoreevo rebate
$36,750
Estimated closing cost
$78,000
Total monthly cost $13,460
Buy your dream home with us and get an estimated $36,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Weichert New Homes Co

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.