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Welcome to this spacious, well-maintained brick two-family home in the heart of the Northeast Bronx, offering the perfect opportunity for both homeowners and investors alike. With approximately 2, 320 square feet of living space, this property combines generous room sizes, income-producing potential, and an unbeatable location. The owner's unit features a bright and spacious three-bedroom layout complete with a formal living room, dining room, and a full bathroom—ideal for comfortable everyday living and entertaining. The second unit offers a well-appointed one-bedroom apartment with a full bathroom, providing an excellent opportunity for rental income, multi-generational living, or extended family. The finished walk-out basement adds valuable bonus space with endless possibilities, including recreation, a home office, gym, or additional storage. Outside, enjoy the convenience of private off-street parking with a covered carport—a rare and highly desirable feature in the Bronx. Whether you use it yourself or generate additional income by renting the parking space, it offers exceptional flexibility. This home has been thoughtfully maintained over the years and includes solar panels to help improve energy efficiency and reduce utility costs. Conveniently located just minutes from the 2 train, Metro-North, multiple bus lines, shopping, restaurants, schools, and major highways, commuting throughout New York City and beyond is effortless. Whether you're searching for a place to call home while generating rental income or looking to add a quality investment property to your portfolio, this Northeast Bronx gem checks all the boxes. With having the option to offset your mortgage with rental income or expand your investment portfolio, this versatile two-family property offers exceptional flexibility and long-term value. Schedule your private showing today and discover everything this exceptional property has to offer.
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Our Executive Mortgage Banker:
$925,000
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 | $740,000 | $740,000 | $740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $598 | $598 | $598 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,144 | $4,437 | $6,195 |
| Total Monthly Payment | $4,834 | $5,127 | $6,885 |
* 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.