350-354 East 193rd Street
Go Back To Previous Page350 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.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
