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Welcome to 3227 Philip Ave, Bronx, NY 10465—an exceptional semi-detached legal 3-family home built in 2003, offering modern construction, generous living space with 23. 5 ft x 49 ft floor dimensions, and breathtaking views of Eastchester Bay. The top two units each feature 3 spacious bedrooms and 2 full bathrooms, including a private primary suite, while the first-floor apartment offers 3 bedrooms and 1 full bathroom. A fully finished basement with both front and rear entrances provide outstanding flexibility for recreation, storage, or owner use. Designed for convenience and efficient property management, the home is equipped with 4 separate electric meters, 4 gas meters, 4 boilers, and 4 hot water heaters, allowing each unit—including the basement owner space—to have its own dedicated utilities. Outside, enjoy a private backyard, 2-car parking, and the beauty of water views. Located in one of the Bronx’s most desirable waterfront neighborhoods, this well-maintained multi-family property presents an outstanding opportunity for both investors and owner-occupants seeking strong rental income and comfortable living. Don’t miss this rare opportunity and schedule your private viewing today before it gone.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
| 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 | $871 | $871 | $871 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,355 | $6,710 | $9,444 |
| Total Monthly Payment | $7,351 | $7,706 | $10,440 |
* 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.