3925-3933 E White Plains Rd. Road, #store fronts, Bronx, NY, 10466 | $4,300,000
Good investment! Now's the time to own this complex of stores and rental apartments properties that are located on a busy White Plains Rd. in the Wakefield section of the Bronx. The mixed use properties offer lots of foot traffic. Above the store at 3933, there are two large apartments. There's a 4-bedroom unit on the top floor of the corner building, renting for $3400; and a 3-bedroom unit, renting for $3100. Both are vacant. See rental listings. All together, It's a 8-unit mixed building spans from the corner of E. 223rd St, spanning 7, 050 feet. Take advantage and profit from the rents of a corner grocery store, hair accessory shop. There's even a store leased by the famous Papa Johns franchise, and a one-story church space that's now vacant. The church a]has a FAR, so that you can tear it down and build an apartment building. All offers in writing. Proof of funds must be sent to listing agent before showings. Don't bother tenants.
Features
- Property Type: Mixed Use
- Construction: Brick
- Utilities: Electricity Available, See Remarks, Sewer Available
- Heating: Baseboard
- Cooling: Multi Units
- Units: 8
- Est. Taxes: $44,757
- View: Neighborhood
- MLS#: 890271
- Days on Market: 170 days
- Website: https://www.raveis.com
/prop/890271/39253933ewhiteplainsrdroad_bronx_ny?source=qrflyer
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888.699.8876
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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516.739.7731
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3925-3933 E White Plains Rd. Road, #store fronts, Bronx, NY, 10466
$4,300,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $3,440,000 | $3,440,000 | $3,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $3,730 | $3,730 | $3,730 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,205 | $20,075 | $28,108 |
| Total Monthly Payment | $22,060 | $23,930 | $31,963 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535