Development site. Calling all Developers and Investors! This property is locatedat 675 E 223rd Street Bronx, Ny 10466 in the highly sort after neighborhood of Wakefield just minutes from White Plains Road. This property is conveniently situatuated next to the Bronx River Parkway and close to the 2 train. The lot size is 5,713 sq ft 50 x 114. Zoned R6A. The property has a FAR of 3.00 and a with maximum FAR 3.6 buildable square feet 17,139/20566. This is a fantastic opportunity for developers and investor's looking to capitalize on a prime location in a rapidly growing area.
675 E 223rd Street, Bronx, NY, 10466
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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