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Welcome to 2304 Glebe Ave, a solid income-producing opportunity in the heart of the Parkchester / Westchester Square neighborhood—one of the Bronx’s most convenient and in-demand areas. This property is perfect for an owner-occupant or investor looking for space, flexibility, and strong rental potential. The first floor offers a comfortable 3-bedroom, 1-bath layout with direct access to a cozy deck, ideal for morning coffee or evening unwinding. It’s a warm, livable setup that feels like home the moment you walk in. The fully finished basement is a major value-add, perfect for an extended family or guests. Upstairs, the second floor provides 4 bedrooms and 1 full bath, offering generous space and excellent layout options. Whether you live in one unit and rent the others, or maximize the property as an investment, this home gives you the flexibility to have rental income cover a large portion of your mortgage. Outside, a shared-driveway leads to the backyard with parking for 2–3 cars—a huge bonus in the Bronx. Location-wise, you’re minutes from the 6 train, major bus lines, grocery stores, schools, places of worship, parks, restaurants, and shopping along Westchester Avenue. Westchester Square is known for its vibrant community feel, easy commuting, and consistent demand. This is one of those properties that checks the boxes: space, income potential, parking, and location. Opportunities like this don’t come around often—come see the value for yourself.
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Our Executive Mortgage Banker:
$1,225,000
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 | $980,000 | $980,000 | $980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $560 | $560 | $560 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,564 | $5,955 | $8,270 |
| Total Monthly Payment | $6,249 | $6,640 | $8,955 |
* 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.