5239 Independence Avenue, Bronx (Riverdale), NY, New York, property flyer

5239 Independence Avenue, Bronx (Riverdale), NY, 10471 | $1,395,000

Seize the opportunity to create your dream home on this exceptional lot in Riverdale's Historic Estate section. This stunning hillside property offers unobstructed, panoramic and dramatic views of the Hudson River & Palisades, providing a picturesque setting for your future dream home. Where every sunset becomes a masterpiece of nature, creating a canvas of beauty that changes with each passing season. Imagine a sprawling home with expansive windows designed to capture the stunning river views, an infinity pool that seamlessly blends with the horizon, allowing you to unwind while soaking in the spectacular western light. Situated just a block from the acclaimed Wave Hill gardens, this unique lot is a tranquil retreat offers easy access to Metro North, buses, schools, and shopping. Midtown Manhattan is a mere 20-minute drive away. Previous approval for a 6, 000 sq ft residence provides a head start on your dream project, Architectural renderings and plans are for informational purposes only. Don't miss this rare opportunity to own a slice of paradise where you can design a home that takes full advantage of the dramatic vistas. Contact us today to explore this remarkable property and begin envisioning your future, the possibilities are endless.

Features

Town: Bronx
Zoning: R1-1
Laundry: Other

Building Access : None
Service Level: None
OLR#: RPLU5123124876

Days on Market: 110 days
Website: https://www.raveis.com
/prop/RPLU5123124876/5239independenceavenue_bronx_ny?source=qrflyer

All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5239 Independence Avenue, Bronx (Riverdale), NY, 10471

$1,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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	$1,116,000	$1,116,000	$1,116,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.375%	6.125%	5.625%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.769%	6.270%	5.864%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$6,249	$6,781	$9,193
Total Monthly Payment	$6,374	$6,906	$9,318

* 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.