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Location Location Location! This 1 BR, 1BA co-op in the heart of the Bronx offers an unbeatable combination of affordability and spaciousness, along with access to exceptional building amenities. The unit features parquet floors, quartz countertops in the kitchen, and modern appliances including a microwave and dishwasher. The building is equipped with an elevator and boasts a range of amenities, including a common laundry room, a fully-equipped fitness center available for just $5/month, a community room with kitchen, billiards table, ping pong, and a picturesque outdoor parklike area with patio perfect for barbecuing and social gatherings. Conveniently located just a stone's throw away from major highways (I95 and Hutchinson River Parkway), the co-op also offers easy access to commuter transportation, including the #6 Train and BX 12 bus line. Residents are just a 10-minute drive from the beautiful Pelham Bay Park and notable City Island, and only 2 miles from Bay Plaza Mall. - Living Room and Bedroom are virtually staged
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Our Executive Mortgage Banker:
$199,900
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 | $159,920 | $159,920 | $159,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $959 | $998 | $1,317 |
| Total Monthly Payment | $1,034 | $1,073 | $1,392 |
* 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.