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Move-in ready and tastefully renovated, 941 Jerome Ave #5B is a spacious HDFC 1-bedroom co-op for sale in the Highbridge section of the Bronx, directly across from Yankee Stadium. Located on the 5th floor of an elevator building, this bright and inviting Bronx apartment offers an affordable homeownership opportunity with modern updates, generous proportions, and excellent access to transportation, shopping, parks, and major Bronx landmarks. This renovated 1-bedroom co-op features new laminate wood floors, recessed lighting, oversized windows, and a large living room with ample space for both entertaining and dining. The updated kitchen includes sleek cabinetry, modern countertops, stainless steel appliances, and a dining nook that adds comfort and function to the layout. The oversized bedroom offers great natural light and generous space, while multiple closets provide storage rarely found in an affordable Bronx co-op at this price point. This pet-friendly HDFC co-op building offers a live-in super and convenient access to neighborhood amenities. Ideally located near the 4/B/D trains and multiple bus lines, the property is also close to Bronx Terminal Market, Macombs Dam Park, the Bronx Museum of the Arts, the Hip Hop Museum, and the Bronx Children’s Museum. This is a compelling opportunity for buyers seeking a move-in-ready 1-bedroom co-op near Yankee Stadium with value, space, and convenience in a vibrant Bronx neighborhood. HDFC income restrictions apply. Primary residence only. No subletting permitted. Limited financing available.
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Our Executive Mortgage Banker:
$155,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $124,000 | $124,000 | $124,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $763 | $784 | $1,030 |
| Total Monthly Payment | $838 | $859 | $1,105 |
* 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.