Fordham | Marion Avenue & Decatur Avenue
- $ 1,050,000
- Bedrooms
- Bathrooms
- Detached HouseBuilding Type
- 2,065 Approx. SF
- Details
-
- Multi-FamilyOwnership
- $ 1,734Anual RE Taxes
- 22'x30'Building Size
- 50'x100'Lot Size
- 1910Year Built
- ActiveStatus
- Description
-
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.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.
Listing Courtesy of Weichert Properties
- View more details +
- Features
-
- A/C
- Garage
- Outdoor
-
- Patio
- Close details -
- Contact
-
William Abramson
License Licensed As: William D. AbramsonDirector of Brokerage, Licensed Associate Real Estate Broker
W: 646-637-9062
M: 917-295-7891
- Mortgage Calculator
-
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
©2026 REBNY Listing Service, Inc. All rights reserved.
Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.