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Welcome to 2860 Bailey Avenue, located in the desirable Kingsbridge Heights neighborhood. This bright and inviting two-bedroom co-op offers the perfect blend of charm, comfort, and convenience in a well-managed building. Step inside and feel instantly at home. Sunlight pours through large windows, showcasing the beautiful wood floors and rich wood finishes that give the space warmth and character. The open-concept living and dining area flows seamlessly. The Kitchen features a wood breakfast bar perfect for casual meals or your morning coffee. The spacious primary bedroom provides a peaceful retreat with plenty of closet space, while the second bedroom is ideal for a guest room, nursery, or home office. This well-kept co-op features high ceilings, ample closets, and a great layout filled with natural light. The building amenities include a new intercom system, laundry room, backyard rental access, and a live-in super. Heat and hot water are included in the maintenance, and there’s a short waitlist for parking. Conveniently situated near major deegan, shopping, fitness center, restaurants, and the #1 train, express bus or metro north on the Hudson line at Marble Hill for a quick commute into Manhattan. All applicants are subject to board approval with a 680 minimum credit score at 30% DTI. No post-closing liquidity requirements. A charming and move-in-ready home in Kingsbridge Heights where comfort, community, and convenience meet.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.280% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,147 | $1,210 | $1,614 |
| Total Monthly Payment | $1,222 | $1,285 | $1,689 |
* 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.