Welcome to this exceptional legal 2-family brick home nestled in the heart of Pelham Bay—one of the Bronx’s most sought-after neighborhoods. Perfect for end-users, investors, or those seeking rental income potential, this meticulously maintained property offers a spacious 3-bedroom apartment over a beautifully updated 1-bedroom unit, all set on a charming, well-kept block. This home’s curb appeal is undeniable thanks to its solid all-brick construction and beautifully crafted paver driveway, offering both durability and elegance. Whether you're looking for a low-maintenance investment or a residence with supplementary income, this property checks all the boxes. Step into a bright and inviting one-bedroom apartment featuring a modern layout and thoughtful upgrades throughout. The kitchen is equipped with stylish, elegant cabinetry, granite countertops, and tile flooring that adds durability and charm. The bedroom and living room boast gleaming hardwood floors, creating a warm and comfortable living space. The updated bathroom offers a clean, contemporary feel—perfect for a tenant or extended family. Upstairs, you’ll find a spacious three-bedroom apartment that balances comfort and function. The bedrooms are adorned with rich hardwood floors, while the kitchen and dining area feature tasteful tile flooring for a refined yet practical finish. The standout of this unit is the amazing balcony directly off the living room, providing a wonderful outdoor space for morning coffee, evening relaxation, or entertaining. With its prime Pelham Bay location—close to shopping, dining, parks, and public transportation—this is a rare opportunity to own a turn-key, income-producing property in a thriving neighborhood. Don’t let this one pass you by! Property will be delivered fully vacant!
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.121% | 5.885% |
| Monthly Tax Payment | $535 | $535 | $535 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,197 | $4,557 | $6,260 |
| Total Monthly Payment | $4,824 | $5,184 | $6,887 |
* 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.