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This well-maintained multi-family residence in the Bronx offers 3, 213 square feet of living space on a 2, 500 sq ft lot, built in 1970. The property combines urban convenience with residential comfort, featuring updated kitchens with stainless steel appliances, granite countertops, and gas ranges. Multiple bathrooms showcase modern fixtures and contemporary tile work, while bedrooms offer a mix of hardwood and light wood flooring in various configurations. The building's energy efficiency stands out with solar panels and roof coatings that reduce utility costs and environmental impact. Climate control is managed through split-system air conditioning and wall-unit heating, ensuring year-round comfort. Laundry facilities are conveniently located within the unit, and the property includes a washer and dryer. Outdoor living is enhanced by a concrete patio area with partial awning coverage, fenced yard space, and additional storage via a shed. The gated entrance and driveway provide secure parking and clear property delineation. Interior spaces feature recessed lighting throughout and laminate flooring in common areas, creating a bright, modern aesthetic. Located in an established Bronx neighborhood, the property sits among similar multi-family residences with tree-lined streets and accessible sidewalks. The area offers urban accessibility while maintaining a residential character. The street presence of parked vehicles and well-maintained neighboring properties reflects an actively inhabited community. The floor plan accommodates flexible living with a spacious primary bedroom, additional bedrooms, a recreation room, dedicated dining area, and generous living room. The kitchen-to-living-space ratio provides efficient daily functionality. This multi-unit residential building presents a solid investment opportunity for those seeking rental income potential or multi-generational living arrangements in an established urban neighborhood.
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Our Executive Mortgage Banker:
$1,399,999
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 | $1,119,999 | $1,119,999 | $1,119,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $661 | $661 | $661 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,272 | $6,805 | $9,376 |
| Total Monthly Payment | $7,058 | $7,591 | $10,162 |
* 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.