Prime Development Opportunity in Pelham Bay, Bronx! Vacant R5A zoned lot measuring 25 × 100 located in the desirable Pelham Bay section of the Bronx. This property offers an excellent opportunity for builders, developers, or end users looking to construct a single-family or two-family home in a well-established residential neighborhood. It is currently used as 2-car garage. Conveniently situated near shopping, schools, parks, and public transportation, including the New York City 6th Subway Pelham Bay Park station on the IRT Pelham Line. Close to the beautiful Pelham Bay Park, one of the largest parks in New York City, offering beaches, golf, and outdoor recreation. Great potential in a sought-after Bronx neighborhood—build your dream home or investment property.
1815 Willow Lane, Bronx, NY, 10461
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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