MOTIVATED SELLER-Welcome Home Realty Network has been retained to arrange the sale of 3537 Holland Ave. 1 Story day-care center , plus full basement with air rights. Off of Gun Hill Road in the Williams' Bridge section of Bronx, NY. The subject property is built 17 x 84 ft and sits on a 25ft by 94 ft ft R7A, zoned lot (BBL: 2-04657-0077 ). The FAR as built is . 60 of an allowable 4 by right. The building has an unused build-able 8075sf by right. The building totals two floors including an Accessible basement level. The building has been completely gutted renovated and meets and exceeds all building codes. The Tenant is an educational facility tenant with 4 years remaining on their lease. 3537 Holland is near multiple transportation options that serve Gun Hill Road. The building is 1 Block from 2/5 elevated train station. The Williams Bridge Metro North Railroad is within blocks. There is also access to Bronx River Parkway, Several Bus lines, Hospitals, houses of worship, schools, and a densely populated residential community and customer base. NOTE: ALL INFORMATION MUST BE VERIFIED INDEPENDENTLY!! PROPERTY IS SUITABLE FOR A DAYCARE, OFFICE, MEDICAL OFFICE. PRICE REDUCED AND IS NEGOTIABLE!!! $825k
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $1,050 | $1,050 | $1,050 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,799 | $4,118 | $5,614 |
Total Monthly Payment | $4,941 | $5,260 | $6,756 |
* 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.