Two-Family Room-Rental
For Sale
$945,000
354 E 193rd Street, Bronx, NY 10458
The building is arranged with eight rentable rooms for a room-by-room income setup.
Property Size2,065 SF
Lot Size0.20 Acres
Price / SF$457.63
Days on Market213
Property Features for 354 E 193rd Street
General Information
Standard status
Active
Size
2,065 SF
Lot size
0.20 Acres
Property subtype
Multi Family
Zoning
R4A
Taxes and HOA fees
Annual Taxes
$1,734
Building Details
Building Size
2,065 SF
Year Built
1910
Listing Agency:
Weichert Properties
Listed By:
Zak Abdullah
(212) 334-3011
Source:
Dallien
Added: Apr 2
Changed: Oct 27
Last Checked: Oct 27 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property contains approximately 2,065 square feet on a 5,000-square-foot lot. Its current arrangement provides eight rooms for individual rental, and the building dates to 1910.
The property is offered within an assemblage that also includes 350 E 193rd Street. The properties can be delivered vacant.
The property is offered within an assemblage that also includes 350 E 193rd Street. The properties can be delivered vacant.
Key Highlights
- Eight rentable rooms in a room‑by‑room rental configuration
- Approximately 2,065 square feet of building area
- Situated on a 5,000‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,454
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,049,080
$1.0M
Cap Rate 7%
$749,343
$749.3K
Cap Rate 9%
$582,822
$582.8K
Market Conditions
NOI Build-Up for 2,065 SF
Gross rent
$79.3K $38.40/SF
− Vacancy
−$4.4K −$2.11/SF
EGI
$74.9K $36.29/SF
− OpEx
−$22.5K −$10.89/SF
NOI
$52.5K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,049,080
Cap Rate 7%
$749,343
Cap Rate 9%
$582,822
Alternative Uses
Best Use
Multifamily LT 5
$749.3K
$655.7K – $874.2K
NOI $52,454 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$678.6K
$593.8K – $791.7K
NOI $47,503 @ 7.0% cap · market cap 5.03%
Theoretical Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,163 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
5,754
Businesses Nearby
Explore this area
Business Placement
Demographics for 10458, NY
81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The building is arranged with eight rentable rooms for a room-by-room income setup.
Where is this duplex located?
The property is located at 354 E 193rd Street Bronx, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Eight rentable rooms in a room‑by‑room rental configuration; Approximately 2,065 square feet of building area; Situated on a 5,000‑square‑foot lot
