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36-Unit Multifamily Investment Opportunity – Bronx, NY Exceptional opportunity to acquire a fully occupied 36-unit apartment building in the Bronx, New York. This well-performing multifamily asset consists of a desirable mix of one-, two-, and three-bedroom apartments, providing diversified rental income and broad tenant appeal. The property boasts 100% occupancy, demonstrating strong demand and stable cash flow in one of New York City's most resilient rental markets. Its unit mix caters to a wide range of tenants, from individuals and couples to growing families, helping maintain consistent occupancy and long-term income potential. Ideally situated near public transportation, major highways, shopping, schools, parks, and employment centers, the property benefits from excellent accessibility and neighborhood amenities. Investors will appreciate the opportunity to acquire a stabilized asset with immediate income and potential for future growth. Property Highlights: • 36 residential units • Mix of 1-, 2-, and 3-bedroom apartments • 100% occupied • Stable, predictable rental income • Strong Bronx rental market • Convenient access to transportation and local amenities • Turnkey multifamily investment opportunity Offering Memorandum, rent roll, and financial information available upon request.
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Our Executive Mortgage Banker:
$4,350,000
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 | $3,480,000 | $3,480,000 | $3,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $6,297 | $6,297 | $6,297 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,759 | $20,864 | $29,366 |
| Total Monthly Payment | $26,181 | $27,286 | $35,788 |
* 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.