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Bathed in natural eastern light, this beautifully updated two-bedroom cooperative apartment is ideally situated in the sought-after Pelham Parkway section of the Bronx. Offering approximately 1, 100 square feet of expansive living space, this residence combines generous proportions, modern upgrades, and exceptional functionality. The thoughtfully designed layout features brand new windows throughout, a fresh paint finish, and abundant storage, creating a home that feels both open and refined. The spacious living and dining areas are ideal for entertaining or everyday comfort, enhanced by sunlight streaming through oversized windows. The kitchen has been tastefully upgraded with rich wood cabinetry, sleek black granite countertops, and a striking glossy dark mosaic tile backsplash. Stainless steel appliances include a gas range, dishwasher, and over-the-range microwave, offering both style and practicality for today’s lifestyle. The contemporary bathroom showcases neutral beige and tan tiled walls and flooring, delivering a warm, spa-inspired ambiance. Both bedrooms are generously sized with excellent closet space, providing flexibility for a home office, guest room, or additional storage needs. This east-facing unit carries 342 shares with a monthly maintenance of $1, 281. 39. Board approval is required. The residence is set within a well-maintained, elevator building featuring a live-in superintendent, common laundry room in the basement, bike rack, and additional private storage available for a fee. The building also offers basement roll-out wheelchair access and indoor garage parking with a short waiting list. Conveniently positioned near Pelham Parkway, residents enjoy close proximity to shopping, supermarkets, pharmacies, dining options, banks, and everyday conveniences. Commuting is seamless with nearby access to the 2 and 5 subway lines, multiple bus routes, and major roadways. Local highlights include Bronx Park, the Bronx Zoo, the New York Botanical Garden, and several major medical centers. An exceptional opportunity to own a move-in-ready, spacious cooperative home in a well-established and highly accessible neighborhood.
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Our Executive Mortgage Banker:
$274,000
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 | $219,200 | $219,200 | $219,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,313 | $1,368 | $1,790 |
| Total Monthly Payment | $1,388 | $1,443 | $1,865 |
* 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.