3303 Palmer Avenue, Bronx, NY, 10475 | $1,050,000

Located in the desirable Baychester section of the Bronx, 3303 Palmer Avenue presents an exceptional opportunity to own a spacious brick three-family property built in 1995. Offering approximately 3, 724 square feet of living space, this well-designed home provides flexibility for a variety of ownership goals, whether adding to an investment portfolio or purchasing a property with additional rental opportunities. The first-floor unit features a comfortable 1-bedroom, 1-bath layout, while the second and third-floor units each offer generous 3-bedroom, 2-bath layouts with private balconies. The second-floor unit also provides access to a rear deck overlooking the backyard, creating additional outdoor space to enjoy. The property is equipped with 4 electric meters, 3 gas meters, and 3 individual gas boilers, making management more convenient. Situated in a prime Bronx location near major shopping destinations including Bay Plaza Shopping Center, residents have access to a wide selection of shops, restaurants, entertainment, and everyday conveniences. Commuting options include nearby MTA buses, subway access, and express bus service to Manhattan. Enjoy close proximity to Pelham Bay Park, Orchard Beach, City Island’s popular waterfront restaurants, nearby hospitals, and major highways connecting throughout NYC and Westchester.

Features

  • Bedrooms: 7
  • Baths: 5 full
  • Laundry: Common Area, Gas Dryer Hookup, Washer Hookup
  • Style: Contemporary, Row Dwelling
  • Year Built: 1995
  • Garage: 1-car
  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)
  • Basement: None
  • Acreage: 0.06
  • Est. Taxes: $8,859
  • Elem. School: Baychester Academy
  • Middle School: Bronx Alliance Middle School
  • High School: Harry S Truman High School
  • School District: Community District 11
  • MLS#: 1018010
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /eprop/1018010/3303palmeravenue_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Compass Greater NY, LLC   Phone: 914-337-0070

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

3303 Palmer Avenue, Bronx, NY, 10475

$1,050,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $840,000 $840,000 $840,000
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% 6.133% 6.183%
Monthly Tax Payment $738 $738 $738
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,769 $5,036 $7,088
Total Monthly Payment $5,632 $5,899 $7,951

* 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.