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Presented by
The Roe Sheppard Group |
Welcome to 244 Prentiss Avenue in Bronx, NY 10465—an outstanding multi-family investment opportunity in the highly sought-after Throgs Neck neighborhood. This well-maintained property features two spacious units, each offering three bedrooms and two bathrooms, with thoughtfully designed layouts, bright living areas, and plenty of natural light. Whether you’re an investor or an owner-occupant, this home offers excellent income potential and flexibility. All current tenants are on month-to-month leases, giving you the option to continue generating steady rental income or customize occupancy to fit your goals. The property also offers a full basement with endless possibilities—perfect for storage, recreation space, a home gym, or future customization to suit your needs. Located on a quiet, residential block, this home provides a peaceful setting while still offering convenient access to major highways, making commuting simple and efficient. With nearby shops, transportation, parks, and schools, this is a prime investment in a neighborhood known for both comfort and long-term value. Bonus Opportunity: The neighboring property at 242 Prentiss Avenue is also available for purchase—ideal for buyers looking to secure two side-by-side investments.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
Sales Associates
William Raveis Real Estate
Phone: 781.264.0856
TheRoeSheppardTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $874 | $874 | $874 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,048 | $6,475 | $8,968 |
| Total Monthly Payment | $7,047 | $7,474 | $9,967 |
* 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.