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For sale, Prime Buildable lot at 6000 Palisade Ave. Block 5955, Lot 613, North Riverdale, Bronx Land Lot size: 7, 698 sq. ft. Acres: 0. 18 An exceptional opportunity to acquire two adjacent properties in one of the Bronx's most desirable neighborhoods. 6015 Independence Avenue features a house and offers 10, 120 sq. ft. (0. 23 acres) of land, while 6000 Palisade Avenue provides 7, 698 sq. ft. (0. 18 acres). Together, these properties total 17, 818 sq. ft. (0. 41 acres). A Boring Test was conducted on the land to assess its suitability for development, providing valuable insights for potential projects. Perfect for development, they are ideally located near Metro-North, express buses, top-rated schools, and offer easy access to Manhattan. This is a combined sale of a Single Family House plus an empty adjacent lot. House - BLOCK & LOT#: 05955-0614 - SqFt: Building: 3, 293 LOT: 10, 120 Empty Lot - BLOCK & LOT#: 05955-0613 - SqFt: LOT: 7, 698 Also Sold seprately: HOUSE MLS#: 963640 & EMPTY LOT MLS#: 964446
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Our Executive Mortgage Banker:
$1,675,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,340,000 | $1,340,000 | $1,340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,266 | $1,266 | $1,266 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,608 | $8,251 | $11,308 |
| Total Monthly Payment | $8,999 | $9,642 | $12,699 |
* 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.