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Property is level land at the corner of Independence Avenue in front of 6015 Independence Avenue. Visible form street - no fencing. Separate block and lot. Build with current proposed plans submitted to DOB or to your own specification in one of NYC most elite neighborhoods (North Riverdale), for profit as a developer or your own enjoyment. Plans submitted with Phase I and Phase II environmental completed including borings & Geotechnical report. (See plans attached). Current proposed plans for a SEVEN BEDROOM, THREE BATH one family on three levels of living space + a cellar and attic space. BLOCK 5955, LOT 616, ZONING R1-2; 69 wide by 103 deep = Total sq. ft. 7, 510. MAX FAR . 5 / for an estimated total MAX FAR of 3, 755 SQ. FT. / Can be sold separately or in conjunction with two connected lots-Block 5955 lots 614 (MLS 890641) and 613 (MLS 892411). These lots are located in next to other million dollar properties. Two of which are vacant. Full video available on you tube. Information deemed accurate but must be independently verified.
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$599,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,835 | $2,951 | $3,884 |
| Total Monthly Payment | $2,927 | $3,043 | $3,976 |
* 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.