350-354 East 193rd Street Bronx, NY 10458
13 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Fordham Manor
MLS Listing ID 916510
Bedrooms 13
Full Baths 6
Rental Info No
Year Built 1910
Annual Tax Amount $5,172
Property Sub-Type Triplex
Source onekey2
Property Description
Current gross income is approximately $12,974 per month, or $155,688 annually, including $750 per month from the three garage spaces. Owner-reported operating expenses are approximately $34,200 annually, and 2026 real estate taxes are approximately $5,172 annually. Based on the reported income and expenses, net after seller-reported operating expenses and 2026 real estate taxes is approximately $116,316, indicating an estimated cap rate of about 6.15% at the current asking price.
Current R4A zoning permits 1.0 FAR on standard zoning lots and up to 1.5 FAR for qualifying residential sites, subject to professional zoning verification. Preliminary discussions with land-use counsel indicate a potential pathway to R6B or R7B, subject to buyer verification and all required governmental approvals.
Close proximity to Fordham University's Rose Hill campus positions the assemblage well for student-oriented housing demand. The properties are currently occupied and may be delivered vacant. Seller financing may be considered for qualified buyers.
Location
State NY
County Bronx County
Rooms
Basement Unfinished
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement, Laundry Room
Exterior
Parking Features Garage
Garage Spaces 3.0
Utilities Available Trash Collection Public
Total Parking Spaces 3
Garage true
Private Pool No
Building
Lot Description City Lot, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Unknown
Others
Senior Community No
Special Listing Condition None
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