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Discover an outstanding opportunity to own a newly built multi-unit residence in the highly desirable Williamsbridge section of the Bronx. This detached brick property combines contemporary style, quality construction, and excellent income-producing potential, making it an attractive option for both homeowners and investors. Designed with a spacious 3-over-3 layout, each level offers generous living space, soaring ceilings, and an abundance of natural light. The first-floor residence features three comfortable bedrooms and 1. 5 bathrooms, providing a practical and inviting layout. The second-floor residence offers three bedrooms and two full bathrooms, including a spacious primary suite with a private bath and direct access to a rooftop balcony—an ideal space to unwind, entertain guests, or enjoy outdoor living. Throughout the property, you'll find modern finishes, open-concept living areas, and thoughtful craftsmanship designed to meet today's lifestyle needs. The fully finished basement provides valuable additional space suitable for recreation, a home office, storage, or other flexible uses. A private driveway offers convenient off-street parking, a highly sought-after feature in this neighborhood. Situated on a quiet residential street, the property enjoys close proximity to public transportation, shopping centers, schools, parks, and a wide range of local amenities. Investment Potential This property presents a strong opportunity for rental income, with estimated market rents exceeding $5, 700 per month, or approximately $69, 000 annually, based on current Williamsbridge rental demand. • Three-Bedroom Unit: Approximately $2, 800–$3, 000 per month • Three-Bedroom Unit with Primary Suite & Balcony: Approximately $2, 900–$3, 200 per month Whether occupying one residence while generating income from the other or leasing both units, this property offers a compelling combination of cash flow, appreciation potential, and long-term value. Our team also provides rental management and tenant-placement services following purchase, helping simplify the transition from ownership to income generation. A rare opportunity to acquire a brand-new, move-in-ready multi-unit property in one of the Bronx's most established neighborhoods.
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.
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Our Executive Mortgage Banker:
$999,000
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 | $799,200 | $799,200 | $799,200 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | $107 | $107 | $107 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,538 | $4,792 | $6,744 |
| Total Monthly Payment | $4,737 | $4,991 | $6,943 |
* 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.