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Discover an unbeatable opportunity to own a bright, beautifully renovated studio in the sought-after Pelham Bay Gardens—where comfort, convenience, and lifestyle come together in perfect harmony. This inviting home features sleek grey floors and generous closet space, all wrapped in an affordable maintenance fee of just $580. 38. Located in a pet-friendly building with essential amenities like on-site laundry, secure intercom entry, and security cameras, you’ll enjoy peace of mind and ease of living every day. The unbeatable location puts the 2 and 5 trains right outside your door, alongside multiple bus routes and quick access to the Bronx River Parkway, making your commute fast and hassle-free. Step outside and you’re moments away from world-class attractions including the Bronx Zoo, Botanical Gardens, and Bay Plaza Shopping Center. The area is ideal for students and professionals with Fordham University, Monroe College, and Lehman College nearby. Food enthusiasts will appreciate the variety of dining options such as Panda Express, Nathan’s Famous, and Chipotle, plus the vibrant Sunday farmers market at Parkway Park East that brings the community together. Outdoor lovers will delight in Pelham Bay Park’s miles of hiking and bridle trails, the sandy shores of Orchard Beach, the historic Bartow-Pell Mansion, and two local golf courses. Why keep renting when you can own this exceptional, move-in ready residence for around $1, 000 a month? Take the first step toward your future today—make this charming studio your new home and embrace the vibrant lifestyle and unbeatable value that Pelham Bay Gardens has to offer.
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:
$115,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $92,000 | $92,000 | $92,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $551 | $582 | $764 |
| Total Monthly Payment | $626 | $657 | $839 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.