A rare opportunity to own a legal two-family home in the highly desirable Throggs Neck area of the Bronx. This semi-detached residence offers approximately 1, 600 square feet of living space, plus an additional approximately 800 square feet of finished basement space (not included in the above square footage), providing substantial flexibility and usable space for today’s lifestyle needs. Each apartment has its own heating system. The first-floor apartment features a full kitchen with wood cabinetry, a comfortable living room, dining area, hardwood floors, one bedroom, and a full bathroom with tub and tile finishes. The second-floor apartment offers a generous layout with a kitchen, living room, dining area, three bedrooms, hardwood flooring, and a full bathroom with tub and tile flooring, making this home ideal for extended family living or owner-occupancy. The finished basement adds significant bonus value and includes a recreation area, full bathroom, laundry area, storage, and utility space — ideal for a home office, gym, media room, or additional flexible use (buyer to verify use). This space accounts for approximately 800 square feet of additional usable area, separate from the home’s 1, 600 square feet of main living space. Interior highlights include multiple kitchens, spacious room sizes, hardwood flooring throughout the main living areas, gas-fired steam heating, hot water systems, and ample storage throughout the home. A one-car garage, rear storage shed, and fenced rear yard further enhance the property’s functionality and outdoor usability. Conveniently located near public transportation, including the Bx40, Bx42, and Bx8 bus lines, with easy connections to the BxM9 express bus to Manhattan, as well as close proximity to major highways such as I-95, I-295, the Hutchinson River Parkway, and the Throgs Neck Bridge. A solid, well-maintained two-family home offering space, versatility, and long-term value in one of the Bronx’s most established neighborhoods. A must-see property with exceptional potential.
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Our Executive Mortgage Banker:
$825,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| 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 | $570 | $570 | $570 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,696 | $4,010 | $5,525 |
| Total Monthly Payment | $4,358 | $4,672 | $6,187 |
* 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.