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Welcome to 442 E 136th Street. We're pleased to present you with this rare and spacious three-family home. This home will be delivered vacant at closing and is move-in ready, offering a fantastic opportunity for investors or owner-occupants seeking rental income. Located in the sought-after Mott Haven section of the Bronx, this property is just a stone’s throw from the Willis Avenue Bridge, placing you minutes from Harlem. The home features 9 bedrooms, 7 full baths, and a finished basement with additional common-area rooms and shared laundry access. Each of the three units boasts spacious living and dining rooms, modern kitchens with stainless steel appliances, ample cabinetry, and generous counter space. The first and second floors have an identical layout, each featuring three bedrooms, including a master suite and two full baths. The third-floor unit offers stunning high vaulted ceilings with a modern design, three bedrooms, and two full bathrooms. Each unit offers private access to outdoor space. This home is perfect for comfortable multi-family living. Tenants pay for their utilities, maximizing profitability for investors. Street parking is available, adding to the convenience of this exceptional property. Zoned R6, this property presents a prime opportunity for a savvy investor. Don’t miss out on this incredible investment—schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,524,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,219,999 | $1,219,999 | $1,219,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.984% | 5.806% |
| Monthly Tax Payment | $638 | $638 | $638 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,549 | $7,217 | $10,050 |
| Total Monthly Payment | $7,312 | $7,980 | $10,813 |
* 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.