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Presented by
The One Team |
DELIVERED VACANT
Ideally located near the Grand Concourse, 1070 Grant Avenue is a three-family home that offers convenient access to the 4, B, and D subway lines, providing a seamless commute to Manhattan and driving strong rental demand. Surrounded by everyday conveniences, neighborhood parks, and cultural anchors such as The Bronx Museum of Arts and Yankee Stadium, the area continues to benefit from ongoing investment-making it an attractive opportunity for both end-users and long-term investors.
This 20' 55' brick semi-detached three-family offers a highly efficient and repeatable layout, ideal for stable cash flow and streamlined management. The property features three full-floor 3-bedroom, 1-bath units-including a renovated ground-level apartment-with Apartments 2 and 3 mirroring one another to support predictable leasing and long-term value.
1070 Grant Ave presents a compelling opportunity to own a well-located, income-producing asset in a Bronx neighborhood experiencing continued growth and reinvestment. With efficient layouts, strong transit access, and enduring brick construction, this three-family property offers both immediate income potential and long-term upside for discerning investors or owner-occupants alike.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,999
Sales Associates
William Raveis Real Estate
Phone: 860.850.0500
OneandCompany@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,119,999 | $1,119,999 | $1,119,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $290 | $290 | $290 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,012 | $6,536 | $9,151 |
| Total Monthly Payment | $6,427 | $6,951 | $9,566 |
* 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.