2420 Morris Avenue, #5K, Bronx (Fordham), NY, 10468 | $230,000

SPONSOR SALE WITH NO BOARD APPROVAL, AND FLEXIBLE FINANCING AVAILABLE!

Now Offering 3 Months Free Maintenance on Contracts Signed by August 1, 2024.

Origin Morris #5K is a spaciously laid out 1 bedroom/1 bath home featuring the highest upgrades in all aspects. From the moment you enter, you will be greeted by generously proportioned living and dining space that set the stage in this turn key home. The residence premium upgrades include Terra Legno Cannon gray engineered wood flooring, flush mount Maxim Linear LED overhead lighting fixtures, interior two panel doors by Jeld-Wen with hardware by Yale and 8" base moldings.

An inviting entry foyer leads you to a brand new eat-in kitchen with custom cabinetry in white, Calacatta Valentin Quartz countertops in warm white plus undermount sink by Elkay and glazed ceramic backsplash in bright white tile. In addition, the stainless steel appliance package is designed by Haier and GE and includes a dishwasher and microwave.

The bathroom is beautifully equipped with Toto Entrada toilet, custom glass shower screen, Huntington Brass fixtures and Michelangelo Calacatta Porcelain wall and floor tile.

Rounding out the picture is your king size bedroom with great closets, south and east exposures, skim-coated walls, updated electric and restored original Deco details.

Welcome to Origin Morris, a timeless gem conveniently located in Fordham. Originally built in 1955, Origin Morris is a midcentury classic now entering a grand new era. The brand new entry sequence, complete with an advanced ButterflyMX virtual doorman system, terrazzo entry, and restored original mosaic details shines in a seamless blend of history and modern sophistication.

Surrounded by a wide array of attractions including the Fordham Road Shopping District, Poe Park, New York Botanical Garden and Bronx Zoo, Origin Morris is truly in the heart of it all. 45 minutes to Midtown and just blocks to the B/D/4 train and Metro North lines, Origin Morris ensures that travel and commuting are effortlessly convenient. Origin Morris also offers easy proximity to Fordham University and Lehman College.

Photography is of the model residence.

Learn about the entire collection by searching Origin North.

This is not an offering. THE COMPLETE OFFERING TERMS ARE IN OFFERING PLANS AVAILABLE FROM NEW SPONSORS. FILE NO. C-850419, NEW SPONSOR: BRX MORRIS APARTMENTS LLC. New Sponsors address: 152 West 57th Street, 12th Floor, New York, NY 10019. Equal Housing Opportunity.

Features

  • Town: Bronx
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Garage; Outdoor Parking; Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Origin Morris
  • Year Built: 1955
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: RPLU33422915316
  • Days on Market: 69 days
  • Website: https://www.raveis.com
    /prop/RPLU33422915316/2420morrisavenue_bronx_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

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2420 Morris Avenue, #5K, Bronx (Fordham), NY, 10468

$230,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $184,000 $184,000 $184,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,255 $1,223 $1,578
Total Monthly Payment $1,330 $1,298 $1,653

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.